CBS Evening News - 2008-10-10

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Read a transcript preview of “CBS Evening News - 2008-10-10” from malgent, uploaded on 2025-09-14.

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Language: English (YouTube automatic captions)

[0:02] Tonight, another wild ride on Wall

[0:04] Street.

[0:05] >> It was a client who just said, "I'm

[0:06] really nervous. I'm getting ready to

[0:08] jump."

[0:09] >> It's now eight straight losses, credits

[0:11] frozen, and world leaders look for

[0:13] answers. I'm Maggie Rodriguez. Also

[0:16] tonight, allegations of voter fraud.

[0:18] Workers for a big voter registration

[0:20] group tell CBS News they were signing up

[0:23] the dead.

[0:24] Negative political ads, what makes them

[0:26] effective? We'll look at the good, the

[0:28] bad, and the ugly.

[0:30] And Steve Hartman with Friday night

[0:32] lights.

[0:35] >> So small, the water jugs can almost

[0:38] tackle them.

[0:39] >> Whoa, minute.

[0:40] >> Tonight's assignment America.

[0:47] >> This is the CBS Evening News with Katie

[0:50] Couric.

[0:53] >> Good evening, everyone. Katie's on

[0:55] assignment. The end of this week could

[0:56] not come soon enough. It was a week for

[0:59] the strong. Wall Street's worst week

[1:01] ever. The day began with another huge

[1:04] sell-off. The Dow plunging 700 points,

[1:07] but it soon recovered all of it and then

[1:09] bounced up and down the rest of the day

[1:10] before finishing, you guessed it, down

[1:13] again. Down 128 points. That brings the

[1:16] loss for the week to more than 1,800

[1:18] points or more than 18% both all-time

[1:22] records. Anthony Mason is our business

[1:24] correspondent and Anthony, there's

[1:25] breaking news tonight.

[1:26] >> Yeah, this story is still moving,

[1:28] Maggie. Tonight, Secretary Paulson has

[1:30] announced an extraordinary plan to take

[1:32] an ownership stake in major American

[1:34] banks in an expanding effort to restore

[1:37] confidence and unlock the credit

[1:39] markets. This move came after the Dow

[1:41] endured its e

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