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Economy: Home Foreclosure #923923

ABC Evening News for Wednesday, Mar 04, 2009
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(Studio: Charles Gibson) A government plan to help struggling mortgage holders and the resulting stock market rise cited.

(Studio: Betsy Stark) President Obama's bailout for Main Street to stop the foreclosure crisis examined; details given about the home affordable modification program and & the home affordable refinance program and about the reaction of ABC viewers. ["Inside Mortgage Finance" publisher Guy CECALA†- reacts to the plan and its limits.] 533:30Economy: Stimulus Plan / Projects

(Studio: Charles Gibson) Report introduced.

(Studio: David Muir) How projects are getting shovel-ready for when the stimulus money comes in featured; details given about the job situations in Iowa, Silver Spring, Maryland, North Manchester and Elkhart, Indiana, Columbus, Ohio. [Industry People Group Brian MAY†- cites contractor jobs.] [Economic analyst Stephen LEEB†- talks about jobs and money.] [Elkhart WORKER, Columbus POLICEMAN - comment.]

Reporter(s):
Gibson, Charles;
Stark, Betsy;
Muir, David
Duration:
00:05:10

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