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Economy / Corporate Reform Bill / Consumer Confidence / Merrill Lynch #706711

NBC Evening News for Tuesday, Jul 30, 2002
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(Studio: Tom Brokaw) Report introduced.

(White House: Campbell Brown) President Bush’s signing into law of the corporate responsibility bill as consumer confidence decreases featured; details given of the key points of the bill; consumer confidence index cited; scenes shown of the signing ceremony. [BUSH – comments on penalties for corporate leaders.] [Conference Board Lynn FRANCO†- says if the loss in consumer confidence continues, it could jeopardize the recovery.] [Senator Tom DASCHLE†- comments on the Enron case.]

(Studio: Tom Brokaw) Report introduced.

(Washington: Lisa Myers) The investigation into Merrill Lynch featured; details given of the ousting of Merrill Lynch research analyst John Olson† after downgrading Enron’s stock rating; scenes shown from the hearing before the Senate. [Senator Susan COLLINS†- says Enron made its displeasure known.] [Merrill Lynch senior vice president G. Kelly MARTIN†- comments on Olson’s departure.] [Senator Richard DURBIN†- comments.] Expected charges against WorldCom executives noted.

(Studio: Tom Brokaw) Stock Market Report.

Reporter(s):
Brokaw, Tom;
Brown, Campbell;
Myers, Lisa
Duration:
00:05:20

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