crisis

Oops - CNBC's Cramer Said 'Don't Move' From Bear a Week Before Collapse

'Mad Money' host drastically underestimated the investment bank's trouble surrounding the mortgage crisis.

ABC Ignores Taxes Behind High California Gas Prices

'World News' segment about economic hardship due to higher gas prices in California fails to explain why that state's prices were higher to begin with.

Foreclosure Filings Drop Month-to-Month, So Burnett Reports Year-over-Year Increase

CNBC contributor emphasizes disappointing foreclosure numbers but ignores decrease highlighted by reporting group.

'Evening News' Plays Race Card on Home Loans

CBS suggests race was a factor in $300 delinquency surcharge in subprime hardship story.

Reuters Story Makes Outlandish Claim: U.S. Depression a Likely Possibility

Report raises the prospect of the U.S. government being forced into buying American stocks to avert an economic crisis.

Consumer Confidence: Only News When It's Low(er)

Just how low is consumer confidence - or how high? The media have historically focused on low reports while ignoring highs - and their own role in shaping opinions on the economy.

'World News' Jumps to Criticize 30-Day Foreclosure Freeze

Left-wing organization spokesman calls program unveiled by U.S. Treasury Dept. 'a PR effort.'

ABC 'World News' Goes after Credit Card Companies

Network fails to explain: just because the Federal Reserve cuts interest rates, it doesn't undo supply and demand in the credit market.

ABC: Housing Crisis Leading People to Burn Down Their Homes

Segment portrays home borrowers nearing foreclosure as high-risk for arson with extreme statements.

Alarmist 'Six Degrees' Producer Says Global Warming Catastrophe Not 'Even Likely'

Author Mark Lynas tells audience the 'Armageddon' scenario featured in his film probably won't happen.
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