Search the Archive

Economy: Recession #890059

NBC Evening News for Friday, Jan 11, 2008
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio: Brian Williams) Stock Market Report.

(Studio: Maria Bartiromo) Fears of a recession with this downturn in the economy examined; details given of Bank of America’s buyout of mortgage lender Countrywide Financial and financial troubles for Merrill Lynch and American Express. [Credit Suisse Securities Kathleen STEPHANSEN†- says the stock market is concerned about the recession scenario; notes the Fed’s approach is more aggressive.] [Goldman Sachs Robert HORMATS†- notes problems with the housing market, consumer spending and employment.] [Business owner Carl MATURO††- reacts.]

Reporter(s):
Williams, Brian;
Bartiromo, Maria
Duration:
00:03:20

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.