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Economy / Stock Market / Investor Confidence / Halliburton #705393

NBC Evening News for Wednesday, Jul 10, 2002
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(Studio: Brian Williams) Stock Market Report.

(New York: Anne Thompson) Loss in the stock market due to uncertainty of investors featured; details given about growing fears about the economy and questionable corporate accounting practices by Qwest Communications. [Morgan Stanley Byron WIEN†- says investor confidence has broken down.] [Wells Capital Management James PAULSEN†- says economic recovery is not coming back.]

(Studio: Brian Williams) Report introduced.

(White House: Campbell Brown) Judicial Watch’s lawsuit against Vice President Dick Cheney††, Halliburton energy company & Arthur Andersen accounting firm for fraudulent accounting detailed; details given of lawsuit’s claims and Democrats’ reaction; videotape shown of Cheney endorsing Arthur Andersen. [Judicial Watch president Tom FITTON†- says it is in the public interest that the vice president is beyond reproach.] Halliburton’s response quoted. [White House press secretary Ari FLEISCHER†- says the suit is without merit.] [Political analyst Stuart ROTHENBERG†- says the lawsuit returns the focus to the domestic arena for Democrats.]

Reporter(s):
Brown, Campbell;
Thompson, Anne;
Williams, Brian
Duration:
00:04:30

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