CBS Evening News - 2008-09-22

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Read a transcript preview of “CBS Evening News - 2008-09-22” from malgent, uploaded on 2024-09-05.

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Language: English (YouTube automatic captions)

[0:00] [Music]

[0:02] tonight a massive taxpayer bailout of

[0:04] the financial system doesn't end the

[0:06] turmoil on Wall Street stocks plunge

[0:09] again oil sores and the last two major

[0:11] investment Banks reinvent themselves to

[0:14] stay in business I'm Kitty krik also

[0:16] tonight the bailout plan has the

[0:19] candidates actually agreeing on

[0:21] something they both claim it gives the

[0:23] feds too much power and homeowners not

[0:26] enough

[0:27] protection behind the scenes with Joe

[0:30] Biden and the ad he wishes his campaign

[0:32] hadn't run I thought that was terrible

[0:36] why'd you do it then and the tainted

[0:39] formula that has made more than 50,000

[0:42] babies in China

[0:48] sick this is the CBS Evening News with

[0:51] Katie

[0:53] kurick good evening everyone the Bush

[0:56] Administration and Congress are working

[0:58] out their differences over that $700

[1:00] billion bailout of the financial system

[1:03] they're hoping to have a deal this week

[1:05] but the financial markets are still on

[1:07] edge investors dump more stock today in

[1:10] favor of safer Investments like gold and

[1:12] oil and as they did stock prices

[1:15] plummeted the Dal lost 372 points today

[1:19] meanwhile oil shot up $25 a barrel the

[1:21] biggest one-day gain ever before

[1:23] suddenly with an increase of about $16

[1:27] so we're off to another anxious week and

[1:29] we'll have complete coverage tonight

[1:31] with Anthony Mason and Bob or in

[1:33] Washington we begin with Bob and the

[1:35] latest on the bailout

[1:39] plan as nervous Wall Street

[1:42] Traders and anxious Main Street

[1:44] homeowners waited for the government's

[1:47] Lifeline Democrats on Capitol Hill

[1:49] demanded the administration's $700

[1:51] billion rescue plan ha

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