Moneyline (CNN) - 1999-12-22
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Read a transcript preview of “Moneyline (CNN) - 1999-12-22” from malgent, uploaded on 2025-10-01.
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Language: English (original, YouTube automatic captions)
[0:00] change their family for
[0:01] >> view. I'm Judy Woodruff. The moneyline
[0:03] NewsHour is next.
[0:08] [Music]
[0:22] >> Tonight, it's the record runup leaving
[0:24] Wall Street breathless. The NASDAQ
[0:26] Composite nearing 4,000.
[0:29] An abrupt departure at Microsoft. Greg
[0:32] Muffet resigns as chief financial
[0:34] officer of the world's most valuable
[0:36] company.
[0:38] >> How a Wall Street power broker and an
[0:40] X-rated film star caught the
[0:41] government's attention. The trail that
[0:43] led authorities to what they charge is
[0:45] an insider trading scandal.
[0:48] >> And our special new economy series hits
[0:51] Ford Motor Company, putting its assembly
[0:53] lines online. Plus, one town with its
[0:56] share of troubles this decade. and the
[0:58] residents who wonder when the '90s boom
[1:00] will come to their neighborhood.
[1:02] >> That's all you hear when you turn on the
[1:04] TV is is the uh uh the the new economy,
[1:07] but you're not really seeing it. So, I
[1:10] don't I don't you couldn't prove it by
[1:12] me.
[1:18] This is the Money Line NewsHour
[1:20] reporting tonight from New York. Stuart
[1:22] Vney and Willow Bay.
[1:24] >> Good evening and welcome to Moneyline.
[1:26] Bell Atlantic breaks into the
[1:28] long-distance business. We will talk
[1:30] live with CEO Ivan Seidenberg.
[1:32] >> Ah, but first, yes, another historic
[1:34] session on Wall Street. Technology
[1:36] investors did what they do best, buy
[1:39] fueling the NASDAQ and the S&P 500 to
[1:42] all-time highs. This is the NASDAQ's
[1:44] fifth straight record and its 57th for
[1:47] the year. It's all courtesy of a hard
[1:49] charging rally in technology, one that's
[1:51] doubled the NASDAQ's market
[1:52] capitalization in 1999 to $5 trillion.
[1:56] Ronda