ABC Evening News for Tuesday, Dec 23, 1980
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(Studio) Drop in prime rates by Chase Manhattan and Wells Fargo banks noted.
REPORTER: Max Robinson
(Montgomery, Alabama) Exchange National Bank of Montgomery, Alabama, noted. [Alabama Bankers Association Ben OAKLEY - says New York rates not correct for Alabama.] Lower rates noted. [OAKLEY - urges halt to setting local interest rates by prime.] Revolt predicted to spread.
REPORTER: Bob Sirkin
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