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Economy: Savings and Loan Bailout #592235

NBC Evening News for Sunday, Apr 11, 1993
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(Studio: Garrick Utley) Report introduced.

(Washington: Irving R. Levine) The continuing operation of failed savings and loans because the Resolution Trust Corporation has run out of money examined. [RTC bank manager Jim McCORMICK - cites the cost of keeping failed S&L open.] Treasury Secretary Lloyd Bentsen said asking Congress for billions to close out the failed S&Ls. [Senator Patty MURRAY, BENTSEN - comment on S&L funding.]

Reporter(s):
Levine, Irving R.;
Utley, Garrick
Duration:
00:02:20

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