× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Ohio / Savings and Loan Crisis #542338

NBC Evening News for Friday, Mar 15, 1985
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio) Report introduced
REPORTER: Tom Brokaw

(Cincinnati, Ohio) Reaction to Governor Richard Celeste's 3-day closing of state's savings and loan insts., stemming from collapse of Home State Savings Bank due to losses to ESM Group, Incorporated,-examined; films shown. [PEOPLE - criticize move.] Celeste mentioned trying to halt run on state-chartered savings and loans. [PEOPLE - support Governor's action.] [CELESTE - hopes to announce plan soon.]
REPORTER: Cassandra Clayton

(Studio) Report introduced
REPORTER: Tom Brokaw

(NYC) Nationwide economy problems among savings and loan banks examined; New York state's problems cited as example, using NYC's The Bowery Savings Bank-to illustrate scope of crisis. Bank failures since 1982 reviewed; details listed on screen. [Bank analyst George SALEM - doesn't foresee-banking crisis.] [Representative Al SWIFT - attributes current problems to government deregulation of banking industry] Status of federal or state insurance of banks and savings insts. outlined.
REPORTER: Mike Jensen

Brokaw, Tom;
Clayton, Cassandra;
Jensen, Mike

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.