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Market Watch (Stock Market / Corporate Corruption / Economy) #708652

CBS Evening News for Friday, Aug 09, 2002
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(Studio: Dan Rather) Stock Market Report.

(Studio: Jim Axelrod) The impact of the WorldCom scandal on its creditors featured; details given of WorldCom’s debts. [Precursor Group Scott CLELAND†- says we had a company that was essentially a scam.] [ CEO Henry KAESTNER†- says WorldCom owes us a lot of money.] [Lehman Brothers Ethan HARRIS†- says the focus is on corporate governance issues.]

(Studio: Dan Rather) Productivity rates cited.

(White House: Bill Plante) The White House reaction to the slowing economy featured; details given about next week’s economic forum; “CBS News” poll on the economy cited. [White House economic advisor Lawrence LINDSEY†- comments on the speakers at the forum.] [Stock market analyst Greg VALLIERE†- says this president needs to look like he cares for investors.]

Axelrod, Jim;
Plante, Bill;
Rather, Dan

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