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Economy / Corporate Responsibility / Pitt / Coca-Cola #706787

CNN Evening News for Sunday, Jul 14, 2002
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(Studio: Carol Lin) Report introduced.

(White House: Kelly Wallace) Congressional pressure for SEC head Harvey Pitt† to resign amid the current wave of corporate scandals featured; details given of President Bush’s involvement with Harken and other ties to big business by his administration, including Vice President Dick Cheney’s dealings with Halliburton. [Senator John McCAIN†- says investor confidence can only be restored by someone whose record is completely untainted.] [PITT – says people are bringing up the Bush case for political advantage.] [Representative Richard GEPHARDT†- says he thinks it would be best if Pitt would recuse himself.] The corporate reform bill discussed.

(Studio: Carol Lin) Coca-Cola’s plan to list stock options on the company’s financial statement noted.

Reporter(s):
Lin, Carol;
Wallace, Kelly
Duration:
00:03:50

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