World News Tonight (ABC) - 2002-07-08
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Read a transcript preview of “World News Tonight (ABC) - 2002-07-08” from malgent, uploaded on 2026-01-23.
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Language: English (original, YouTube automatic captions)
[0:02] [music]
[0:04] On World News Tonight, the corporate
[0:06] corruption. The president is under
[0:08] pressure to do something and he intends
[0:10] to put pressure on Congress. The founder
[0:13] of Worldcom says he did nothing wrong,
[0:15] but he will not [music] answer questions
[0:17] from the Congress. What is the story
[0:20] behind this picture from a gas station
[0:22] in Englewood, California? What will
[0:25] become of Ted Williams body? His
[0:27] daughter accuses the son of trying to
[0:29] cash in. And off the coast of South
[0:32] Africa, thousands and thousands of
[0:34] dolphins pursuing millions of sardines,
[0:37] miles and miles of lunch.
[0:41] [music]
[0:44] From ABC News world headquarters in New
[0:47] York, this is World News Tonight [music]
[0:50] with Peter Jennings.
[0:51] >> Good evening everyone. We're going to
[0:52] begin in Washington tonight at the White
[0:54] House and in the Congress. The number
[0:56] one topic of the day was greed and
[0:58] corruption in American business,
[1:00] dishonesty and standards in corporate
[1:03] America. Today, the Congress held
[1:05] hearings on the scandal at Worldcom.
[1:07] We'll have more on that in a moment. And
[1:09] the president held a news conference on
[1:11] the general subject. He's going to give
[1:13] a full-length speech on it tomorrow.
[1:15] Many of the questions at the news
[1:17] conference were about the president's
[1:18] own business past. As one reporter
[1:21] asked, did he act improperly when he
[1:24] sold some stock in the Harkin Energy
[1:26] Company more than a decade ago just
[1:29] before the stock plummeted?
[1:32] >> Uh there was no malfeance involved. This
[1:36] was a honest disagreement about uh
[1:40] accounting procedures
[1:43] and the SEC took a good look