NBC Nightly News - 2008-09-18
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Read a transcript preview of “NBC Nightly News - 2008-09-18” from malgent, uploaded on 2026-02-24.
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Language: English (YouTube automatic captions)
[0:01] On our broadcast tonight, wild ride.
[0:04] Just the first reports that the Feds are
[0:06] jumping in to buy up a lot of bad debt
[0:08] sends the stock market flying upward.
[0:11] Meanwhile, the financial crisis deepens.
[0:14] And today, the president finally weighs
[0:16] in. Friends in need, the people of
[0:18] Houston, America's fourth largest city,
[0:21] who were so generous after Katrina, are
[0:24] now struggling in the wake of their own
[0:26] terrible storm. where they stand.
[0:28] Americans agree the health care system
[0:30] needs fixing. But which candidate for
[0:33] president has it right? And nature's
[0:36] pharmacy. The search is on for untold
[0:38] medical riches in the Amazon jungle.
[0:41] It's also a race against time. Nightly
[0:43] News begins now.
[0:47] [music]
[0:48] From NBC News world headquarters in New
[0:51] York. This is NBC Nightly News with
[0:54] Brian Williams.
[0:56] Good evening. In plain English, the US
[0:58] economy is in such a mess, something had
[1:01] to happen. Today, it appears something
[1:03] did. Tonight, there are reports that the
[1:06] Feds have hatched a plan to buy up bad
[1:08] mortgages that are, after all, at the
[1:10] heart of this current financial
[1:11] collapse. It's being compared, though,
[1:14] on a much bigger scale, to the plan
[1:16] years ago that cleaned up the wreckage
[1:17] of the savings and loan industry. And
[1:19] just like back then, everybody will pay
[1:21] for this when it could greatly add to
[1:23] the national debt. But this week, the
[1:25] economy came became a national crisis.
[1:27] And so just the hint of a plan today
[1:30] when it was first reported on the air by
[1:32] CNBC drove the stock market up over 400
[1:35] points after losing twice that earli