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Economy: Stock Market / Optimism / A Discussion #924901

CNN Evening News for Friday, Mar 13, 2009
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(Studio: John King) The positive outlook from President Obama and his administration about the economy reported. [OBAMA - talks about the dynamism in the economy.] [National Economic Council chairman Larry SUMMERS†- comments on the economy.]

(Studio: John King) Report introduced.

(Studio: Ali Velshi) The encouraging economic news with the rise in the stock market outlined; details given about the message from Obama, Summers, Treasury Secretary Tim Geithner and Federal Reserve Board chairman Ben Bernanke, the president's embrace of Wall Street, the return of some bailout money from banks to the government in the TARP program and the 9 percent gain in the Dow.

(Studio: John King) Live strategy session held with CNN's Joe Johns and "Fortune" magazine Katie Benner† about the economy. [BENNER - says Wall Street was due for a rally and we got some good news in the economy; comments on the need for Obama to talk with the business community.] [JOHNS - talks about the political risks for the president if the market goes back down; notes there is a lot of ridicule out there.] Other material: [In Florida in November, OBAMA - quotes what Senator John McCain said about the economy being strong.]

Reporter(s):
King, John;
Velshi, Ali
Duration:
00:09:00

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