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Ohio / Savings and Loan Closings #94841

ABC Evening News for Friday, Mar 15, 1985
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(Studio) Report introduced
REPORTER: Peter Jennings

(Cincinnati, Ohio) Governor Richard Celeste's closing of state's savings and loan insts. following collapse of Home State Savings Bank examined. [CELESTE - remains confident of insts.] [Ohio savings and loan REGULATOR - acknowledges investors have lost confidence.] Background to crisis recalled.
REPORTER: Stephen Geer

(NYC) Implications of Ohio situation for nation in general examined. [Sec. analyst Joseph JOLSON - considers Ohio an isolated incidence.] No. savings and loan insts. in United States not covered by Federal Savings and Loan Ins. Corporation noted, states involved listed on screen. Possibility that Ohio's Home State will be taken over by Citibank mentioned.

Geer, Stephen;
Jennings, Peter

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