Search the Archive

Economy: Savings and Loan Crisis #577261

NBC Evening News for Tuesday, Sep 18, 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) Report introduced.

(Los Angeles: Don Oliver) Los Angeles grand jury reported indicting banker Charles Keating on charges of criminal fraud; scenes shown; details given of fraud involving junk bonds issued by Lincoln Savings and Loan's parent company, American Continental Company [Bond INVESTOR - comments.] [Keating's lawyer Don SMALTZ - comments on bail.]

(Studio: Tom Brokaw) Report introduced.

(Washington: Irving R. Levine) Study from bailout officials reported raising cost of savings and loan sales; details given of M. Danny Wall's 1988 sales to private investors Ronald Perelman and Robert Bass. [Representative Charles SCHUMER - comments.] Possible savings by renegotiating deals noted.

Levine, Irving R.;
Brokaw, Tom;
Oliver, Don

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.