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Economy / Stock Market / Banks #706252

ABC Evening News for Tuesday, Jul 23, 2002
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(Studio: Charles Gibson) Stock Market Report.

(Studio: Charles Gibson) (Studio: Betsy Stark) The day's rout on the stock market reviewed & discussed; stock statistics cited, including the drop in Citigroup & JP Morgan.

(Capitol Hill: Linda Douglass) Senate investigation into the role of JP Morgan & Citigroup in helping Enron hide billions in debt to make it look more profitable examined; scenes shown from committee hearings. [Senator Carl LEVIN - says the two banks assisted Enron.] [Senate investigator Robert ROACH†- says the banks knew Enron was using questionable accounting.] [Senator Fred THOMPSON - comments.] [Former SEC chief accountant Lynn TURNER†- says things were hidden from investors.]

Douglass, Linda;
Gibson, Charles;
Stark, Betsy

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