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Economy: Financial Crisis / Citigroup / Goldman Sachs #962535

CBS Evening News for Wednesday, Apr 07, 2010
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(Studio: Maggie Rodriguez) A government investigation of the financial crisis reported. [Former Citigroup official Richard BOWEN†- speaks about the company's "risk practices."]

(New York: Armen Keteyian) The out-sized influence of Goldman Sachs examined; scenes shown of the protests against Wall Street; details given about the problems with the company's image as per its role in Greek finance, the housing crisis & its repayment of bailout money. [Former Goldman Sachs CEO Jon CORZINE†- talks about the gap between Wall Street & Main Street; states Goldman Sachs has become a symbol.] Photos shown of current & former Goldman Sachs employees in high political or business positions. [Former Goldman vice president Anthony SCARAMUCCI†- talks about Goldman Sachs & its influence around the world.] The company's use of lobbyists & campaign contributions to Congressional members, including Senator Richard Shelby, outlined on screen.

Reporter(s):
Rodriguez, Maggie;
Keteyian, Armen
Duration:
00:04:30

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