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(Studio: Katie Couric) Report introduced.
(Studio: Anthony Mason) The financial crisis facing the new administration examined; details given about the stock losses by Citigroup and Bank of America and the soaring delinquencies on credit cards, mortgages and car loans. [Treasury Secretary nominee Tim GEITHNER - talks about repairing the system in a dramatic scale.] [BGC Partners, Inc., David BUIK- says the banking sector will owe 3.3 trillion dollars.] [IHS Global Insight economist Nariman BEHRAVESH- says now the economy is dragging down the banking system.] Financial losses by American Airlines and EBay cited.
- Couric, Katie;
- Mason, Anthony
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