CNN Evening News for Thursday, Jul 11, 2002
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(Studio: Aaron Brown) Report introduced.
(New York: Allan Chernoff) The multi-million dollar company loan from WorldCom to CEO Bernard Ebbers examined; statistics on the loans cited.
(Studio: Aaron Brown) Live interview held with CSX Corp. CEO John Snow about business loans. [From Richmond, VA, SNOW - comments on President Bush's proposal to ban loans to company executives; says the mistake with stock options is to treat them as cash; notes these corporate problems are serious ones that need to be rectified.]
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