CBS Evening News for Tuesday, Nov 18, 2008
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(White House: Jim Axelrod) Congressional hearings on the rescue of the financial industry reviewed; scenes shown of Treasury Secretary Henry Paulson, who was grilled over shifting his plan for TARP money. [PAULSON – says we implemented a strategy that worked.] [Representatives Maxine WATERS, Paul KANJORSKI, Gary ACKERMAN, Nydia VELAZQUEZ– question Paulson’s change.] FDIC chairman Sheila Bair’s push for a portion of TARP money to prevent foreclosures noted.
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