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Northeast / Blackout / Helmer Interview / Economic Impact / Tompkins Interview #735616

CNN Evening News for Saturday, Aug 16, 2003
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(Studio: Andrea Koppel) Live interview held with former New York Public Service Commission Maureen Helmer† about how to prevent a repeat of the massive blackout in the Northeast. [HELMER – explains the effect of deregulation on the power grid system; talks about failure in the Erie Loop, which caused a cascade effect into other areas; says we need to look at the generation infrastructure & the transmission infrastructure.] Report introduced.

(New York: Kathleen Hays) The economic losses from the blackout featured; details given about losses for retail, airlines and the auto industry. [Bear Stearns Dana TELSEY†- says Labor Day discounts will indicate how bad the losses were.] [Bank One Corporation Diane SWONK†- says catastrophes also create economic opportunities.]

(Studio: Andrea Koppel) Live interview held with Business Improvement District Tim Tompkins† on the efforts to get back to normal in New York City and how big the economic losses might be. [TOMPKINS – comments on losses for Broadway productions and restaurants; talks about the mood of New Yorkers during the blackout; says 9/11 affected people’s behavior; asks people to send in their stories or pictures from Times Square during the blackout for a special project.]

Koppel, Andrea;
Hays, Kathleen

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