Business

IndyMac Attack

Networks see IndyMac failure as sign of catastrophe on the horizon, but fail to offer historical context or real reasons for downfall.

USA Today: Bad Economy Forcing People into Therapy

Newspaper claims Americans spending money on therapy because they are stressed about finances.

'World News' Clues in on Doubling Corn Prices, Ignores Culprit

Whodunit: Congress, in the Capitol, with the Ethanol Mandate

'Early Show' Swallows 'Latte Effect' as Economic Guide

CBS advises viewers to limit 'little indulgences' in 'struggling economy' with potential $40,000 annual savings.

Networks on Overblown Tomato Scare: Oops!

Morning shows acknowledge damage to tomato industry but set sights on new target.

Picture Imperfect: Media Gas 'Tax' Hikes Cost 32 Cents in June

ABC, NBC show images of 'whopping' gasoline prices higher than the national average every time for entire week.

ABC Reports: Good News from Wall Street!

'Good Morning America' has some positive news about the economy for the first time in a while, as tech companies see earnings.

ABC Hypes IndyMac Panic For Third Day Straight

'Good Morning America' continues to feed hysteria over bank failures.

19 Times Bigger than Enron, and the Networks Didn't See It Coming

Cooking the books but protected by powerful politicians, the Fannie Mae and Freddie Mac financial crisis was seen a mile away by print media, but mostly overlooked by networks.

'Nightly News' Finds Green Lining in High Gas Price Cloud

NBC reporter promotes high gas prices as a positive because they are forcing Americans to find ways to curb greenhouse gas emissions.
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