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Economy: Inflation, Banks #910925

NBC Evening News for Wednesday, Jul 16, 2008
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(Studio: Ann Curry) Report introduced.

(New York: Erin Burnett) Inflation in the economy featured; statistics on consumer prices and energy costs cited. [Federal Reserve Board chairman Ben BERNANKE – says inflation is too high.] [CNBC’s Steve LIESMAN†- comments on falling gas prices.] Stock Market Report. Profits for Well Fargo bank noted.

(Studio: Ann Curry) Report introduced.

(Encino, California: Jane Wells) Concern about banks in light of the IndyMac failure examined; details given of the FBI’s investigation of banks for fraud; scenes shown of IndyMac customers trying to get their money back. [IndyMac depositor Ian JOHNSON‡, FDIC associate ombudsman Rickey McCULLOUGH†- comment on holds on accounts with money in trusts.] [CNBC personal finance contributor Carmen Wong ULRICH†, former FDIC chairman William ISAAC†- offer tips for checking the safety of your money.]

Curry, Ann;
Burnett, Erin;
Wells, Jane

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