NBC Nightly News - 2008-09-15
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Read a transcript preview of “NBC Nightly News - 2008-09-15” from malgent, uploaded on 2026-02-24.
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Language: English (original, YouTube automatic captions)
[0:01] On the broadcast tonight, meltdown. The
[0:03] American financial system is rocked to
[0:06] its foundation as top Wall Street
[0:08] institutions topple under a mountain of
[0:10] debt. Coming up tonight, how did it
[0:12] happen? What's next? And how safe is
[0:15] your money? Also this evening,
[0:16] devastated. Hurricane Ike leaves Houston
[0:19] hammered, Galveston largely in ruins.
[0:22] Dozens of people are dead, more than a
[0:24] million and a half without power, and a
[0:26] massive search and rescue operation is
[0:28] now underway. Nightly news begins now.
[0:36] >> This is NBC Nightly News with Brian
[0:38] Williams.
[0:40] >> Two.
[0:43] >> Good evening, and as you can see, we are
[0:45] originating the broadcast tonight from
[0:47] CNBC Global Headquarters, so we could
[0:50] come to the experts at our business
[0:52] channel as we begin our coverage tonight
[0:54] of what's been called the worst
[0:56] financial crisis in modern times.
[0:59] Certainly the largest financial disaster
[1:01] in decades in this country, and perhaps
[1:04] the end of an era in American business.
[1:06] Some of the biggest names in American
[1:09] business are tonight gone along with a
[1:11] lot of money and of jobs. And today,
[1:14] Wall Street had one of its worst days on
[1:17] record. Dow Jones Industrial Average
[1:19] lost 504 points on the day's trading,
[1:23] one of the largest point drops in
[1:24] history. NASDAQ was down more than 81
[1:27] points. S&P lost 59 points in today's
[1:30] trading. All of this fallout from what
[1:33] happened last night in New York as
[1:35] Lehman Brothers filed for bankruptcy
[1:38] protection just after midnight. With
[1:40] $613
[1:42] in debt on its books, Lehman is by far
[1:45] the largest bankruptcy ever in th