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Obama / Economy / Banks #922305

ABC Evening News for Sunday, Feb 15, 2009
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(Studio: Dan Harris) President Obama's action this week in dealing with the economy previewed; details given about the stimulus bill, GM's plans to overhaul the company and Obama's foreclosure rescue plan.

(White House: John Hendren) The possibility Obama's administration may consider nationalizing the financially troubled banks examined. [Senator Lindsey GRAHAM, political analyst Stuart ROTHENBERG; on "This Week," Representative Maxine WATERS†; "New York Times" columnist Paul KRUGMAN - comment on the nationalization "pre-privatization" issue.] [OBAMA - speaks about private capital.] How some economists are saying nationalization may be the only alternative for some banks discussed.

Harris, Dan;
Hendren, John

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