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Economy / Banking #890796

NBC Evening News for Tuesday, Jan 15, 2008
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(Las Vegas: Brian Williams) The troubles with the economy, including the announcement that Citigroup and Merrill Lynch are selling stakes in their companies to foreign investors, reviewed.

(New York: Carl Quintanilla) The shaky economy examined; details given of weak retail sales and credit card problems; Commerce Department retail figures and losses for Citigroup cited. [2 SHOPPERS – comment.] [Moody’s economy.com Mark ZANDI†- says consumers are increasingly cautious.] [CNBC on-air editor Charlie GASPARINO†- comments on bank losses.] The search for cash by big banks discussed.

Reporter(s):
Williams, Brian;
Quintanilla, Carl
Duration:
00:03:50

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