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Economy / Banking #882475

CBS Evening News for Tuesday, Jan 15, 2008
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(Studio: Katie Couric) CBS News poll findings on the importance of the economy as the issue for Michigan Republican primary voters, Labor and Commerce Department figures on inflation and retail sales and Stock Market Report cited.

(New York: Anthony Mason) The banking problems reviewed; statistics on the multi-billion dollar mortgage-related losses for Citigroup and Merrill Lynch cited. [JPMorgan Chase and Co. strategist Stuart SCHWEITZER†- predicts further difficulties.] [January 10, Federal Reserve Board chairman Ben BERNANKE†- defends the banking system.] How the banks are seeking capital overseas in the Middle East and Asia outlined. [University of Maryland economist Peter MORICI†- blames the banking practices for the recession.]

Couric, Katie;
Mason, Anthony

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