CBS Evening News for Friday, Nov 30, 2007
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(New York: Anthony Mason) A mortgage rescue plan proposed by the administration and banks to prevent foreclosures by freezing interest rates examined. [FDIC chairman Sheila BAIR- says it’s about protecting the housing market.] [California Governor Arnold SCHWARZENEGGER- says we don’t have to watch the American dream become the American nightmare.] [University of Maryland economist Peter MORICI- explains why banks are cooperating.]
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