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America Close Up (Savings and Loan Scandal) #587112

NBC Evening News for Thursday, Jun 18, 1992
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(Studio: Stone Phillips) Report introduced.

(Studio: Mike Jensen) Winners and losers in the savings and loan (S&L) scandal featured; statistics on failed S&Ls noted. [World S&L Association CEO Herbert SANDLER - notes cost of S&L failures.] Scenes shown of alleged S&L crooks Charles Keating, Don Dixon and David Paul. [Representative Jim LEACH - describes how billionaire Ronald Perelman profited from the scandal.] GM's profit from the scandal noted. [Representative Bruce VENTO - says national government shouldn't pay off uninsured depositors.] Amount of money paid to uninsured depositors and lawyers noted; earnings of S&Ls during the first quarter of this year cited.

(Studio: Stone Phillips) Tomorrow's America Close Up segment previewed.

Jensen, Mike;
Phillips, Stone

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