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Economy: Bailout / DHL Cutbacks #923453

NBC Evening News for Monday, Nov 10, 2008
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(Studio: Brian Williams) Report introduced.

(Washington: Tom Costello) The crisis in the economy featured; details given of the cost of bailing out insurance company AIG, the big 3 auto makers’ request for more money and Circuit City’s bankruptcy. [Interim Assistant Secretary for Financial Security Neel KASHKARI†- outlines restrictions on the AIG loan.] [CNBC’s David FABER†- says the expectation is that we’ll get a lot of the money back.] [Senator Harry REID†- notes the auto industry bailout is for the workers.] [Retail analyst Joe FELDMAN†- says this holiday season could be a challenge.] Surging sales at McDonald’s noted.

(Studio: Brian Williams) The decision of package delivery company DHL to stop operations in the US reported.

(Wilmington, Ohio: Lee Cowan) The impact of DHL’s restructuring on the city of Wilmington, Ohio, featured. [Wilmington Mayor David RAIZK†- says we’re not going to have a ghost town.] [Chamber of Commerce Karen HALEY†- says this is catastrophic.] [Barber Dale INWOOD†- comments on people losing their homes.] [Analyst John LANGENFELD†- says the economy put the nail in the coffin.]

(Studio: Brian Williams) Quarterly losses for Starbucks coffee cited.

Reporter(s):
Williams, Brian;
Costello, Tom;
Cowan, Lee
Duration:
00:04:40

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