Nightly Business Report
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Several big banks see their credit ratings cut, could it make banking and borrowing more expensive for customers? Mike Mayo, banking analyst at CLSA, a Hong Kong based investment firm and author of "Exile on Wall Street"- talks about the Spanish banking crisis and the big bank credit downgrades. Sylvia Hall talks with small business owners about what is at stake for them- next week, when the Supreme court delivers its judgment on the nation's health care law. GM announces that it is increasing production in ... Russia. The company will add approx. 15-hundred jobs. Diane Eastabrook reports. Author and educator Lou Heckler discovers the importance of selling the fantasy- along with the reality in his weekly commentary "Lou's Been Thinking."
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