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Economy: Stimulus Package / Bank Bailout #933409

NBC Evening News for Wednesday, Feb 11, 2009
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(Studio: Brian Williams) Congressional agreement on an economic stimulus plan noted; cost figures cited.

(Capitol: Kelly O’Donnell) The questioning of bank executives at House hearings on the bailout featured; scenes shown of Representatives Jeb Hensarling†, Carolyn Maloney†, Barney Frank and Michael Capuano† criticizing the bankers; details given about Merrill Lynch’s bonuses. [Goldman Sachs CEO Lloyd BLANKFEIN†, Morgan Stanley CEO John MACK†, Citigroup CEO Vikram PANDIT†- comment on responsibility.] [Bank of New York Mellon CEO Robert KELLY†, BLANKFEIN – say they will take no bonus.] [Bank of America CEO Kenneth LEWIS††- comments on Merrill Lynch.] [At a separate hearing, Treasury Secretary Timothy GEITHNER – responds to Senator Lindsey Graham about his plan.]

(Studio: Brian Williams) Stock Market Report.

Reporter(s):
Williams, Brian;
O’Donnell, Kelly
Duration:
00:04:00

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