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Bank of New England failure

Description: Sen. John Kerry and a banking attorney reassure depositors in the failed Bank of New England that their accounts are insured by the FDIC.
Collection: Ten O'Clock News
Date Created: 01/07/1991

Bank of New England sale

Description: Bank of New England is acquired by Fleet/Norstar of Providence. William Seidman of FDIC announces the deal. Terrence Murray, chair of Fleet, talks about the merger. Ira Stepanian of Bank of Boston.
Collection: Ten O'Clock News
Date Created: 04/22/1991

Capitol Bank failure

Description: Customers hope to recover the uninsured portion of their deposits from the failed Capitol Bank. Thomas Curry, state banking commissioner. William Seidman, FDIC chair. FDIC sign, boarded up bank.
Collection: Ten O'Clock News
Date Created: 01/08/1991

Fleet/Norstar

Description: Fleet/Norstar and Bank of New England exterior and interior b-roll. Press conferences of Terrence Murray and FDIC's William Seidman announcing acquisition of Bank of New England by Fleet/Norstar.
Collection: Ten O'Clock News
Date Created: 04/22/1991

Harold Brown bankrupt

Description: Real estate magnate Harold Brown files for bankruptcy. His attorney blames it on Bank of New England, recession, and credit crunch.
Collection: Ten O'Clock News
Date Created: 03/13/1991

Massachusetts on the brink

Description: State is on brink of insolvency, junk bond rating, double digit unemployment, bank failures. Sen. Kennedy is worried. Treasury Secretary Nicholas Brady hints that the economy will improve.
Collection: Ten O'Clock News
Date Created: 03/14/1991

New Hampshire's fiscal problems

Description: New Hampshire restaurateur says it used to be much easier to finance a new business. Gov. Judd Gregg says banking system must be rehabilitated. Concord commercial district. NH Savings Bank.
Collection: Ten O'Clock News
Date Created: 03/14/1991

Rhode Island bank crisis

Description: Rhode Island bank failures disadvantage small business owners. Brown University president Vartan Gregorian blames politics. RI state house. Power tool store. Pan of Providence. RISDIC bldg. Credit unions.
Collection: Ten O'Clock News
Date Created: 03/15/1991