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Market Watch (Stock Market / Corporate Responsibility / Halliburton / Reform Bill) #706047

CBS Evening News for Monday, Jul 15, 2002
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(Studio: Dan Rather) Stock Market Report.

(Studio: Anthony Mason) The continuing fluctuation in the stock market featured; details given of President Bush’s speech. [Charles Schwab Greg VALLIERE†- says today has all the markings of a panic.] [BUSH – says the economy is coming back.] [Prudential Financial Larry WACHTEL†- comments on Bush’s speech.] [Seaport Securities Ted WEISBERG†- comments on the stock market.]

(Studio: Dan Rather) Report introduced.

(White House: Bill Plante) The accounting practices of Halliburton while Vice President Dick Cheney was CEO featured; details given of Cheney’s involvement. [Senator Jon CORZINE†- says the economic situation is a systemic issue.] [CHENEY – says leaders of the private sector have a responsibility to be honest.]

(Studio: Dan Rather) Report introduced.

(Washington: Bob Orr) The reform bill expected to pass through the Senate reported; details given of the plan’s proposals. [Senator Max CLELAND†- says we need to send a strong message to corporate executives.] [Senator Robert [BENNETT†- explains the intention of the bill.] [Senator Edward KENNEDY – says we should have accountability for those who willingly mislead the public.]

(Studio: Dan Rather) The move by Coca-Cola to treat stock options as employee compensation and the announcement by Pfizer that it will buy Pharmacia† noted.

Mason, Anthony;
Orr, Bob;
Plante, Bill;
Rather, Dan

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