CBS Evening News for Tuesday, May 27, 2003
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(Studio: Harry Smith) Report introduced.
(Santa Cruz, California: John Blackstone) Accusations against Salt Lake City’s Fairbanks Capital Corp. of cheating homeowners featured; details given about a cleanup, beginning with the removal of Fairbanks senior management, by the biggest shareholder, PMI Capital in California. [Homeowners Jill POTTS, Tabatha BLAZER, Joe CONCANNON- comment on extra charges & threats of foreclosure by Fairbanks.] [PMI Capital president Brad SHUSTER- says the number of complaints shows the old approach has not been adequate.]
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