NBC Evening News for Thursday, Jun 28, 1990
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: Tom Brokaw) Contributions by savings and loan interests to political campaigns reported; details given of contribution from son of Ohio S&L tycoon Carl Lindner to Bush '88 campaign. Senators receiving most from S&L interests listed: Alfonse D'Amato, Alan Cranston, Lloyd Bentsen, Don Riegle and Pete Wilson. [In interview, Common Cause president Fred WERTHEIMER - says evidence shows those who voted with the S&L industry had received campaign funds; cites how much the bailout will cost; says Congress is fighting to hold on to a corrupt campaign finance system.]
(US Capitol: Andrea Mitchell) Absence of S&L issue from '88 presidential and other political campaigns examined. [Thrift regulator L. William SEIDMAN - explains why Democrats and Republican backed S&L industry.] [In presidential campaigns, George BUSH, Michael DUKAKIS, Ronald REAGAN - make statements.] Manner in which David Paul, of Miami's CenTrust Bank, spent thrift's insured deposits reviewed. [Voice of real estate APPRAISER - describes shoddy real estate developments in Texas.] [Former thrift regulator Ed GRAY - says money controlled what Congress did.] Link of former Congressmen Jim Wright and Tony Coelho to S&L interests recalled. Support of deregulation by Reagan, chief of staff Donald Regan, and Vice President Bush recalled. [Thrift regulator M. Danny WALL - talks about projected bailout costs.] Playing of the "blame game" by politicians explained.
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:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.