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Chrysler Corp. / Prime Rate #63619

ABC Evening News for Friday, Dec 19, 1980
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(Studio) Report with regard to Lee Iacocca and Chrysler Corporation introduced
REPORTER: Frank Reynolds

(DC) Iacocca's meeting with Treasury Secretary G. William Miller announced. [IACOCCA - comments with regard to interest rates, president transition, and union wages.) Iacocca said in Washington, DC to discuss XM-1 tank problems with Pentagon officials.
REPORTER: Ron Miller

(NYC) Effect of Chrysler bankruptcy on Chrysler car owners, employees, economy of Michigan and US, and cost to United States taxpayers cited. [Michigan soc. services department Robert LITTLE - comments with regard to number of new welfare recipients resulting from a Chrysler shutdown.]
REPORTER: Dan Cordtz

(Studio) Lowering of prime rate by Michigan National Bank announced as effort to slow inflation. Increase of prime rate at Citibank and others stated.
REPORTER: Max Robinson

Reporter(s):
Cordtz, Dan;
Miller, Ron;
Reynolds, Frank;
Robinson, Max
Duration:
00:04:00

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