Search the Archive

Housing: Mortgage Crisis #898476

CBS Evening News for Friday, Mar 07, 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.

(Studio: Katie Couric) Report introduced.

(Capitol: Chip Reid) The Congressional hearing into profits for mortgage company executives while their companies went under and borrowers lost their homes reviewed; compensation for Countrywide CEO Angelo Mozilo†, Merrill Lynch CEO Stanley O’Neal† and Citigroup CEO Charles Prince† cited. [Representative Henry WAXMAN – says CEOs hit the lottery when their companies collapsed.] [Executive compensation analyst Nell MINOW†- says it’s appalling.] [MOZILO – defends his compensation.] [Representatives Patrick McHENRY†, Darrell ISSA†- question Mozilo.]

Couric, Katie;
Reid, Chip

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.