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Economy: Savings and Loan Crisis / Budget Deficit #576506

NBC Evening News for Monday, Jul 30, 1990
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(Studio: Tom Brokaw) Report introduced.

(Capitol Hill: Andrea Mitchell) FDIC (Federal Deposit Insurance Corporation) chairman L. William Seidman reported giving House Banking Committee revised estimate for 1991 cost of savings and loan bailout; details given. [SEIDMAN, Treasury Department Undersecretary Robert GLAUBER - address Congress.] [Representative Toby ROTH - responds.] False bankruptcy claims of William Walters and Kenneth Good detailed. [Senatorial candidate Carlos LUCERO, Representative Mary Rose OAKAR, at national governors' conference, Buddy ROEMER, Terry BRANSTAD - comment.]

(Studio: Tom Brokaw; Capitol Hill: Andrea Mitchell) Former President Bush aide and Texas thrift official reported ignoring subpoena to testify at Congress tomorrow. Reasons for revised estimates detailed. Public noted concerned.

(Studio: Tom Brokaw) Congress reported not reaching agreement on budget deficit reduction before summer recess.

Reporter(s):
Brokaw, Tom;
Mitchell, Andrea
Duration:
00:03:50

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