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Economy: Banks / Obama #955115

CBS Evening News for Monday, Dec 14, 2009
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(Studio: Katie Couric) Report introduced.

(White House: Chip Reid) President Obama's White House meeting with bank CEOs to tell them it is payback time featured; details given about how three bank CEOs listened in by phone due to bad weather; details given about Obama's call for banks to start lending to small businesses. [OBAMA - talks about helping to rebuild the economy; speaks about common sense consumer protection.] [US Bancorp CEO Richard DAVIS†- comments on the meeting.] [Last night on "60 Minutes," OBAMA - speaks about the fat cat bankers.]

(Studio: Katie Couric) A Reality Check on bank bailout introduced.

(Washington: Wyatt Andrews) The reasons for the payoff of TARP money by some of the banks examined; statements from Bank of America & Citibank quoted; details given about the limits on executive salaries & bonuses for banks under TARP. [Last night on "60 Minutes," OBAMA - says the people on Wall Street just don't get it.] The money set aside for bonuses at Goldman Sachs cited. [The Corporate Library co-founder Nell MINOW†- says the Wall Street culture is about big bonuses.]

Reporter(s):
Couric, Katie;
Reid, Chip;
Andrews, Wyatt
Duration:
00:04:20

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