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(Studio) Report introduced
REPORTER: Tom Brokaw
(Cincinnati, Ohio) Rescue plan devised by Governor Richard Celeste and Ohio state legislature to reopen closed savings and loan insts. reported, discussed. Home State Savings depositors noted excluded from reopening plan. [DEPOSITORS - feel government doesn't care about depositors.] Collapse of Home State due to investments in ESM Group, Incorporated reviewed; Home State owner Marvin Warner noted withdrawing his own funds when aware of pending disaster. Possibility Warner used inside information to save own funds considered. [Home State DEPOSITOR - would like to beat up Warner.] Warner's campaign contributions to Celeste mentioned.
REPORTER: Mary Nissenson
- Brokaw, Tom;
- Nissenson, Mary
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