This program is 28 minutes long
(Studio: Connie Chung; DC: Carl Stern) President Reagan reported subpoenaed to testify at Lieutenant Colonel Oliver North's trial; Iran/Contra scandal mentioned. Reagan noted not likely to testify. Constitutionality of subpoenaing a president discussed. Chief Justice John Marshall's 1907 opinion quoted; Thomas Jefferson, James Monroe and Richard Nixon mentioned being presidents that have been subpoenaed.
(Studio: Connie Chung) Guardians of the Islamic Revolution reported making telephone bomb threat against Americans traveling abroad if son of former Shah of Iran is not deported from US. Guardians noted claiming responsibility for bombing of Pan Am flight 103. Radical Palestinian group noted also making bomb threats. Report introduced.
(DC: John Dancy) Tightened Asian airport security resulting from threats and bombing reported Threat noted made to Indian government [State Department spokesperson Phyllis OAKLEY - comments on FAA's response to threats.] Federal Aviation Administration warning re: threat made December 30 quoted on screen. Guerrillas, led by Abu Musa, quoted with regard to planned attack upon plane in Pacific. Japan Air Lines spokesperson quoted re: upgraded security [Japan Air Lines spokesperson Ken MORIMOTO - comments on security and threat.] [PASSENGERS - comment.]
(Studio: Connie Chung) More savings and loan insts. reported bailed out by fed. government Report introduced.
(DC: Irving R. Levine) FSLIC noted allowing buyers to purchase failing S&Ls at low cost; exs. given, cost illustration [Texas banker Gerald J. FORD - comments on situation.] [Senator Howard METZENBAUM - says American taxpayers are losing on this deal.] Taiwanese busmen., wealthy Americans Robert Bass and Ronald Perelman reported making huge profits on deals. [Econ. Don. RATAJCZAK - comments on situation.] Tax advantages enjoyed by buyers of S&Ls noted being cut in half next year Congress investigations noted expected.
(Studio: Connie Chung) Ousted Philippines president Ferdinand Marcos reported in Hawaii hospital; details of his illness given. Marcos noted facing fed. racketeering charges if he is arraigned.
(Studio: Connie Chung) New York Governor Mario Cuomo reported refusing to grant clemency to Jean Harris. Harris recalled convicted of killing her lover Dr. Herman Tarnower, creator of Scarsdale diet.
(Studio: Connie Chung) Report introduced.
(Los Angeles, California: David Burrington) CDC's tally of alcohol-related fatal automobile crashes from 1983 to 1988 illustration Ins. study results noted revealing that stricter laws with regard to alcohol and driving have brought death toll down; details given. [MADD spokesperson Martha PAGE - comments on awareness of drunk driving as criminal behavior.] Oregon noted lowering blood-alcohol levels; AMA mentioned. Various programs across country discussed. [Chicago, Illinois, restaurateur Gene SAGE -comments on his instruction to bartenders.] Teen ride program discussed.
(Studio: Connie Chung) Trans. Department reported fining Mercedes-Benz company for fuel standard violations on 1986 models; details given.
(Studio: Connie Chung) Teen-parent survey results given with regard to amount of money teens plan to earn and how much parents spend on their children.
(Studio: Connie Chung) USSR general secretary Mikhail Gorbachev's regime reported erasing Leonid Brezhnev from history. USSR court reported convicting Brezhnev's son-in-law, Yuri Churbanov, of accepting bribes while he was in office Report introduced.
(Moscow, USSR : Sandy Gilmour) Churbanov shown being sentenced to years in labor camp; details given of his crimes. Court official quoted on screen with regard to sentence. Gorbachev noted blaming Brezhnev for years of economy stagnation. Officials noted ordering removal of all references to Brezhnev; scenes shown.
(Studio: Connie Chung) Japan's minister of justice, Takashi Hasegawa, reported arrested for accepting bribes from company; details given of government corruption scandal.
(Studio: Connie Chung) Yugoslavian premier Branko Mikulic and his cabinet reported resigning after parliament refused to pass austerity laws; details given.
(Studio: Connie Chung) Managuans reported frantically searching city dump for lost lottery ticket worth 1300; details given.
(Studio: Connie Chung) News-making events of 1988 reviewed in montage produced by Frank Shanbacker and videotape editor George Liebert.