CBS Evening News - 2002-07-08
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Read a transcript preview of “CBS Evening News - 2002-07-08” from malgent, uploaded on 2026-01-23.
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Language: English (original, YouTube automatic captions)
[0:00] Cracking down on corporate corruption,
[0:03] the president vows tougher punishment
[0:05] and defends his own stock transactions
[0:08] as executives and accountants blame each
[0:10] other for the Worldcom mess. After the
[0:13] floods, Texans return home to pick up
[0:15] the pieces of their lives. Climb,
[0:18] descend. A doomed Russian jetliner got
[0:20] conflicting instructions and had just
[0:23] seconds to choose. And life after death
[0:26] for Ted Williams. The bizarre family
[0:29] battle over the fate of his remains.
[0:39] This is the CBS Evening News with Dan
[0:42] Rather. Good evening. Dan is off
[0:45] tonight. I'm John Roberts. Back from a
[0:47] holiday break, President Bush and the
[0:48] Congress plunged headon into a hot
[0:50] election year issue. the corporate
[0:52] corruption that has seen stock prices
[0:54] plummet, investments wiped out, and
[0:56] retirement nest eggs crushed. Previewing
[0:59] a speech that he'll deliver on Wall
[1:00] Street tomorrow, the president vowed to
[1:02] punish the guilty and restore confidence
[1:04] in the financial markets. As for
[1:07] questions about his own corporate stock
[1:09] dealings, the president insisted there's
[1:11] no there there and accused Democrats of
[1:14] playing politics. Wyatt Andrews begins
[1:16] our coverage.
[1:19] The same president who for most of his
[1:21] term has been partner chief with big
[1:23] business now wants to recast himself as
[1:26] the toughest cop on the street.
[1:28] >> We have a duty to every worker,
[1:31] shareholder, and investor in America to
[1:34] punish the guilty to close loopholes and
[1:37] protect employee pensions. And we will.
[1:40] The president's toughest proposals are
[1:42] aimed at companies and CEOs that lie to
[1:46] i