Fox Business Network anchor Alexis Glick is frustrated by the way the government’s $700 billion financial bailout is being used, and suggested on “Money for Breakfast” Nov. 21 that it was contributing to market declines.
Pulitzer-Prize winning author and professor of history at Stanford University David M. Kennedy told Bloomberg radio Nov. 18 that the current financial crisis bears no comparison to the Great Depression.
"The Biz Flog" for Nov. 19, takes a look at the media's new interest in hedge funds. Congress is looking into more regulation for these types of funds.
FBN Anchor Alexis Glick said the Treasury Department’s move away from their original plan to buy up troubled mortgages “Doesn’t make sense” and was “actually pretty outrageous,” on “The Early Show,” Nov. 13.
Lawmakers and the transition team for the Obama administration are discussing the prospects of a bailout for the auto industry.
Democratic Governor Jon Corzine of New Jersey, who has pushed for an additional economic stimulus package to the tune of $300 billion to support infrastructure projects, might be Treasury Secretary.
CNBC’s “Squwak Box” was skeptical over the future of opinionated cable news Nov. 4 if Sen. Barack Obama won the presidential election over Senator John McCain.
CNBC’s Erin Burnett told MSNBC’s “Morning Joe” that although the markets might get a boost from a Senator John McCain win, Wall Street was predicting that Senator Barrack Obama will win the presidency.
Better late than never. On Oct. 30, the day after Democratic presidential nominee Sen. Barack Obama’s half-hour prime time infomercial, CBS “Evening News” took a skeptical look at the candidate’s fiscal proposals.
“ABC News Now,” the cable news arm of ABC News, had a treat for viewers on Oct. 31, but the “good news” didn’t mention the recently announced merger between Northwest and Delta.