NPR's coverage of the 2008 financial crisis aimed to simplify complex economic issues for average listeners. It provided short segments with clear explanations of terminology and context. NPR brought in a variety of credible sources and attempted to show the crisis's impact on everyday citizens. While coverage could have begun sooner, overall NPR's reporting was effective at making complicated financial topics accessible to most audiences.
Eliminating the zero lower bound involves distinguishing between paper currency and electronic money (which in the 1930's, Robert Eisler called “bank money”)
Eliminating the zero lower bound involves distinguishing between paper currency and electronic money (which in the 1930's, Robert Eisler called “bank money”)
Four Trillion Dollar plus solutions to our Economic Problems, tried and proven.
- Sovereign Money
- Georgism
- Public Banking
- Ending Government Financial Asset Hoarding (GFAH)
Based on my new book: America is Not Broke! Available on Amazon: http://amzn.to/1Ihcc54
AMERICA IS NOT BROKE! Four Multi-Trillion Dollar Paths to A Thriving America The unsustainability of the American economy is as familiar as the newscycle. There is no money for social programs, no money to run the government, no money to cut taxes, and above all, we have to cut, cut, cut. But, what if it's not true? Instead of familiar complaints about the national debt, leading to just slicing a shrinking economic pie differently, or worse, to Austerity Economics, the reality is that we already have all the wealth we could ever need. The tried and proven proposals in America Is Not Broke would guarantee America's prosperity, fairness, democracy, and economic and ecological sustainability. Four multi-trillion dollar reforms: Sovereign Money, Georgism, Public Banking, and Ending Government Financial Asset Hoarding, plus a few other major reforms, show how we can have it all, if we only learn where to look.
"Whether we like it or not, the laws of gravity work in financial markets as well and what goes up ultimately comes down," Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group, told IANS.
"Whether we like it or not, the laws of gravity work in financial markets as well and what goes up
ultimately comes down," Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth
largest share brokerage firm, the Delhi-based SMC Group, told IANS.
Blog Coverage Bella Caio Oct 10, 2008 Financial Tsunami What Brought It OnJagannadham Thunuguntla
"Whether we like it or not, the laws of gravity work in financial markets as well and what goes up
ultimately comes down," Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth
largest share brokerage firm, the Delhi-based SMC Group, told IANS.
Are Collateralized Loan Obligations the ticking time bomb that could trigger ...Kaan Sapanatan, CFA, CAIA
After my recent trip to New York, where I met with investment advisors from various Investment Banks and Large Alternative Investment Shops, 3 letters really resonated in my ears on my flight back home.
And those 3 letters were C… L… O…
As I got back home I started digging more into it.
One thing that really stood out for me was that; the Investment Banks never mentioned a word on Collateralized Loan Obligations, whereas without an exception every Alternative Investment shop talked about CLOs with great passion, and would elaborate “How much value they see in them and how great the returns are”
Coincidently recently there have been some concerns raised on “Leverage Loans and CLOs” by some powerful voices such as; former Federal Reserve Chair Janet Yellen, IMF, Moody’s and so on.
In fact, I had read some of the comments as part of my daily news screening, but at the time it didn’t catch my attention enough to further look into it.
The more research I did, the more clear it became that “Ten years after the global financial crisis, investors are once again showing increasingly risky behavior as they search for sources of high yield in response to a decade of low-interest rates”.
Please find my research in the presentation. I would be very happy to discuss and share some thought regarding the topic.
Kaan Sapanatan
Twitter TV Book es una publicación realizada por Twitter en la que describe el perfil del usuario multipantalla que comenta contenidos de televisión en la red de microblogging
Four Trillion Dollar plus solutions to our Economic Problems, tried and proven.
- Sovereign Money
- Georgism
- Public Banking
- Ending Government Financial Asset Hoarding (GFAH)
Based on my new book: America is Not Broke! Available on Amazon: http://amzn.to/1Ihcc54
AMERICA IS NOT BROKE! Four Multi-Trillion Dollar Paths to A Thriving America The unsustainability of the American economy is as familiar as the newscycle. There is no money for social programs, no money to run the government, no money to cut taxes, and above all, we have to cut, cut, cut. But, what if it's not true? Instead of familiar complaints about the national debt, leading to just slicing a shrinking economic pie differently, or worse, to Austerity Economics, the reality is that we already have all the wealth we could ever need. The tried and proven proposals in America Is Not Broke would guarantee America's prosperity, fairness, democracy, and economic and ecological sustainability. Four multi-trillion dollar reforms: Sovereign Money, Georgism, Public Banking, and Ending Government Financial Asset Hoarding, plus a few other major reforms, show how we can have it all, if we only learn where to look.
"Whether we like it or not, the laws of gravity work in financial markets as well and what goes up ultimately comes down," Jagannadham Thunuguntla, head of the capital markets arm of India's fourth largest share brokerage firm, the Delhi-based SMC Group, told IANS.
"Whether we like it or not, the laws of gravity work in financial markets as well and what goes up
ultimately comes down," Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth
largest share brokerage firm, the Delhi-based SMC Group, told IANS.
Blog Coverage Bella Caio Oct 10, 2008 Financial Tsunami What Brought It OnJagannadham Thunuguntla
"Whether we like it or not, the laws of gravity work in financial markets as well and what goes up
ultimately comes down," Jagannadham Thunuguntla, head of the capital markets arm of India’s fourth
largest share brokerage firm, the Delhi-based SMC Group, told IANS.
Are Collateralized Loan Obligations the ticking time bomb that could trigger ...Kaan Sapanatan, CFA, CAIA
After my recent trip to New York, where I met with investment advisors from various Investment Banks and Large Alternative Investment Shops, 3 letters really resonated in my ears on my flight back home.
And those 3 letters were C… L… O…
As I got back home I started digging more into it.
One thing that really stood out for me was that; the Investment Banks never mentioned a word on Collateralized Loan Obligations, whereas without an exception every Alternative Investment shop talked about CLOs with great passion, and would elaborate “How much value they see in them and how great the returns are”
Coincidently recently there have been some concerns raised on “Leverage Loans and CLOs” by some powerful voices such as; former Federal Reserve Chair Janet Yellen, IMF, Moody’s and so on.
In fact, I had read some of the comments as part of my daily news screening, but at the time it didn’t catch my attention enough to further look into it.
The more research I did, the more clear it became that “Ten years after the global financial crisis, investors are once again showing increasingly risky behavior as they search for sources of high yield in response to a decade of low-interest rates”.
Please find my research in the presentation. I would be very happy to discuss and share some thought regarding the topic.
Kaan Sapanatan
Twitter TV Book es una publicación realizada por Twitter en la que describe el perfil del usuario multipantalla que comenta contenidos de televisión en la red de microblogging
El estudio "AdReaction 2012: Marketing in the Mobile World" llevado a cabo por Millward Brown y Dynamic Logic en noviembre de 2012 destaca la influencia de los anuncios de televisión en usuarios de dispositivos móviles a la hora de realizar búsquedas, descargar aplicaciones y visitar webs de empresas.
A rejuvenation of Ajman's Heritage Area and it's surroundings. The task includes integration of surrounding existing buildings contextually. Further project details posted on my Behance network - http://be.net/shafiyarizwan
Presentatie door Sven Naessens voor de RTvS Themaochtend (18 juni 2011) waarin toelichting werd gegeven bij de tweede Dag van het Socialisme op zaterdag 29 oktober 2011.
This paper is a summary of press clippings gleaned from Internet during the period April to July 2008. This exercise was performed to provide a quick summary of the US credit crisis at that particular point in time / 2nd quarter 2008. The paper was presented to a non native English speaking European audience consisting primarily of insolvency judges July 3rd 2008 in Paris.
I. Introduction
II. Causes of the current financial crisis
III. A timeline of the most important events
IV. Fannie and Freddie
V. The current financial crisis’ nature
VI. The great depression & lessons from the past
VII. The Impact on Emerging Countries.
VIII. How to solve this problem
IX. Executive Summary
X. Sources
I made this paper for my English course. It\'s a nice paper if you\'re interested in the crisis. You don\'t need to be an economist to understand what I\'m writing about, it\'s written in clear,understandable English!
This version still contains some errors...(it\'s not the final version)
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
1. Max Collins, Brent Petrone, Stephanie Steinberg, Ely
NPR’s News Coverage
of the Financial Crisis
2. What is important to the average
NPR listener?
1. Useful knowledge for an average listener
2. Explanation of terminology
3. Relating to the audience
3. News Coverage Before
September 7th, 2008
•Positive
• NPR was informed of the subprime mortgage crisis and was
reporting from “outside the bubble”
• Coverage was very fair and did not point fingers
• Brought in contrasting and expert perspectives
• Used personal stories
• Lacked sensationalism
• Did not use complex financial terms
•Negative
• Lacked coverage during first half of the decade
• Coverage needs more financial advice for the individual
4. “Subprime Lending”
September 3rd, 2001
Morning Edition
This was the first coverage that NPR had featuring subprime lending.
The bubble is beginning to grow.
Afterwards, there is no coverage on this financial issue until 2005.
This was useful for the average listener because the broadcast talked about how there
was an “easy availability of credit” and “people could obtain mortgages through subprime
loans that carry higher than normal interest rates.”
Subprime mortgage loans have tripled since 1995, and have hit the big banks.
Americans owe more than $5 trillion on their mortgages.
The terminology was clear and simple except when defining the terms:
Refinancing
Predatory lending
Perspectives from the following sources made the broadcast easier to understand:
David Gibbons: Deputy Comptroller for Credit Risk with Comptroller of the Currency
“The growth in the subprime marketplace really has been sort of a wild west in our
marketplace, motivated by people seeking quick profits.”
Robert Leighton: Economist from the Brookings Institute
This broadcast relates to the audience because:
Relationship between banks and borrowers are told:
“In some instances banks and finance companies are simply taking advantage of
borrowers: Hiding punishing interest rates and other fees in complicated loan
documents.”
Future Homeowners/Borrowers:
“Loans are too risky- That could make it harder for consumers with blemishes on
5. “Mortgage Failures Rise; So Do Risky
Loans”
February 9th, 2007
Morning Edition
Useful Knowledge:
Adjustable Mortgages
Payments increase from year to year, and defaults have risen
More Americans defaulting on mortgages than at any point in last 5 years.
Defaults most prevalent people with subprime mortgages.
Possible solutions from both sides:
“Martin Eacks told the Senate banking committee this week, banks and brokers should be required to make
certain that borrowers can repay a home loan in full, not just the artificially low teaser payments. He also says
mortgage brokers should be required to act in the best interest to their clients, just like stockbrokers, lawyers
and real estate agents.”
“Doug Duncan argues there's no need for new regulation, since mortgage defaults are not threatening overall
economy. Duncan admits many of the risky loan types made popular in recent years have not been widely
tested. But he says the market will adjust on its own.”
The terminology was simple.
Perspectives from Experts:
CEO Martin Eacks, Center for Responsible Lending:
“Brokers and subprime lenders are not bad people, but their financial incentives are different than what we saw just
20 years ago. Now, their financial incentives are to close as many loans as possible as fast as possible, regardless
of risk. Whether the borrower can repay the loan is really not of their financial concern.”
Fairness
Chief economist Doug Duncan of the Mortgage Bankers Association
Relates to the audience:
Real life example of an American affected by these high interest rates.
Dolores King
What is being done now:
“Banking giant HSBC says it's already getting choosier about the loans it buys. And other investors are also
pushing banks and brokers to be more careful in the loans they make…”
6. “The Mortgage Market: What Happened?”
April 26th, 2007
Useful knowledge:
Uses many different statistics and facts:
Nearly 23 percent of all mortgages taken out in 2005 were interest-only ARMs, and more than 8
percent were payment-option ARMs, according to First American Loan Performance.
Subprime loans expanded to 20 percent of the mortgage market in 2006, from 9 percent a decade
earlier.
Terminology
Explains terms like adjustable-rate mortgages (ARMs) and subprime mortgages but does
not explain refinancing.
Use of perspectives from experts:
Federal Reserve executive Roger T. Cole
Kathleen Keest of the Center for Responsible Lending:
"They took the riskiest of products and sold them to the weakest borrowers to compound risk.”
Relating to the audience:
Provides an example of a person and how their monthly mortgage payment has increased.
Provides solutions/what is being done now that this problem exists.
“Several lenders are taking steps to curtail the rising tide of foreclosures.”
Washington Mutual
Citigroup and Bank of America
Freddie Mac
State of Ohio
“Renegotiating loans – lowering the interest rate or extending the payment period – may be more
attractive than foreclosing.”
7. News Coverage Between
September 7th, 2008 & October 3rd,
2008
•The news surrounding the financial crisis was well reported.
•NPR brought in a variety of different sources to cover the story:
• Editors of economic sections in newspapers
• NPR correspondents
• Government officials
•Previous knowledge is not required to understand a story and the
coverage teaches the listener.
•The stories provide alternative perspectives.
•Sources and/or journalists admit when they do not know the answer
to a question.
•Most of the news segments we found were broadcasted in the
beginning of each show.
8. “AIG Gets OK to Borrow from Subsidiaries”
September 15th, 2008
All Things Considered
This article has some useful knowledge for the average
reader including facts about AIG and its possible bailout.
It spells out what they need and why they need to be
saved.
Stock is down 90% this year and fell more than half today.
The women being interviewed (Diane Brady, Business
Week) uses some confusing terminology that is not
clarified:
“Credit derivative portfolio”
“Rampant short-selling of stock”
“Sovereign wealth funds”
The article only relates directly to the audience in this one
quote:
“They do not want this company to fail. It's in too many
areas, it's too big, and the ripple effects would just be too
9. “Financial Giants Falling: Lehman, Merrill
Lynch, AIG”
September 15th, 2008
Morning Edition
This has useful information for the average listener because it
informs them of what President Bush is doing to take action.
This broadcast does not use any confusing terminology and thus the
average reader with no background information can understand it.
This relates to people on Main Street (people outside of the financial
markets).
One option: “The willingness and capacity of financial institutions to
lend to consumers and companies will decrease. The economy may
stall.”
Other option: If we get past the next few days and lending doesn’t
decrease “then we may get through this with just a period of rough
growth, but not a very deep recession.”
“The key is how much lending goes into the economy.”
Sources in the article relay their doubt about what will happen with
AIG and are completely honest with the listener.
WSJ Economics Editor, David Wessell
He admits that he does not have the answer to whether the financial crisis is
getting worse.
President Bush
10. “Foreign Investors’ Exit Causes Lehman
Woes”
September 10th, 2008
All Things Considered
This broadcast completely explains as much as Adam
Davison (NPR’s global business correspondent) knows
about Lehman Brothers and why it is not being bought
by foreign banks.
The interviewer asks if Lehman Brothers will be bought by a
foreign bank and he says: “not that we’ve seen but who
knows what is happening in secret.”
It does not have any confusing words and is very easy
for any listener to understand.
Davison makes sure that the audience knows that the
US government is has their best interest in mind:
They will not let the foreign banks get a controlling share
(more than 5-10%) of Lehman Brothers.
11. “Under Pressure from Bailout, Lawmakers in
Quandary”
September 25th, 2008
All Things Considered
The broadcast is useful to the average reader because it
describes how the bill impacts legislators and their
constituents.
Very balanced
Interviewed both Republican and Democratic Congressmen
Does not have any confusing terminology. It is even too
simplified at times which makes it informal. This is not
necessarily a bad thing.
“I want to make sure that there aren't individuals somewhere
sitting on a yacht eating shrimp and drinking champagne that
have taken advantage of the American people.”
The broadcast is entirely related to the average listener
because it explains the importance of the bill but also the
drawbacks to it and the Congressman's hesitancy about it. It
concludes with:
“Doing nothing at this point will bring those same uncertainties
into the marketplace and could start a run on banks and cause
failures that end up hurting Main Street.”
12. News Coverage After October
3rd, 2008
•Even after the crisis ended, NPR continued to break
down terminology to help with listener understanding.
•Broadcasts included historical context about other
recessions.
•Comprehensive one year anniversary coverage
recaps key events of crisis.
•Explained what the government should do to prevent
future financial crises.
•A variety of sources from universities, investment
firms and economic research institutions.
13. Recession”
October 24th, 2008
Useful Knowledge Terminology
The story gives useful knowledge
for the listener than makes it
easier for them to understand by
relating to other financial crises in
history:
Great Depression
1973-1974
1980-1982
1990s = Japan
Harvard Economics Professor
Jeffrey Frankel on Great
Depression and Japan’s
recession: “Both were ushered
in by the crash in real estate
and stock markets. Hopefully,
the difference is we know how
to handle it better this time.”
Overall the story used simple
terminology and even defined
the word recession:
“(Economists) say a
recession is ‘a significant
decline in economic activity
spread across the economy’
that lasts for more than a
few months and that
manifests itself in real gross
domestic product, real
income, employment,
industrial production and
wholesale retail sales. The
term ‘real’ refers to figures
that have been corrected for
inflation.”
“Two consecutive quarters of
decline in real GDP growth.”
Photo gallery from this article.
14. “TIMELINE:
A YEAR OF FINANCIAL CRISIS”
•Interactive timeline
outlining financial crisis
from Sept. 2008-Aug.
2009. Provides the viewer
with key events and is
useful for basic
understanding.
•Provides details from the
beginning of the crisis to
the passing of Obama’s
stimulus plan and its short
term impact on the
American citizen.
Timeline
15. “Series Overview: Examining The Financial Crisis”
September 7th, 2009
Breaks down crisis into different segments.
Offers comprehensible and quick explanations of
these segments with links to more detailed
stories.
Consolidates the financial crisis coverage into
one comprehensive page for the online reader to
use.
16. “The Bailout And Fallout: Adding Up The
Costs”
September 15th, 2009
All Things Considered
Knowledge for the average reader: explains what determines
if the government’s actions will be a success.
“How fast the economy recovers.”
“How many banks pay back the Treasury's TARP money. “
“How much the Fed will get for dicey mortgage-backed securities
it bought from Fannie Mae and Freddie Mac.”
“Whether Chrysler sinks or swims.”
Relates to the audience: puts the financial damage into
perspective.
The bailout could cost taxpayers around $600 billion.
"In this new world — what we call the new normal — economies
will grow less rapidly,” says investing firm Mohamed El- Erian.
"It's going to take us a long time to work our way out of this crisis.
And therefore, the ability of the U.S. economy to create jobs is
going to be less than it has been in the past.”
Erian explains the next generation will face increased taxes and inflation.
Impact of loss of confidence in American market.
17. “Will The Global Economy Learn Its Lesson?”
September 17, 2009
Morning Edition
Terminology: Relates to the Reader:
Pinpoints the problem
Makes a complex
issue simple in the
nutgraf:
“The world economy
was out of balance.
Countries with the big
trade surpluses, like
China and Germany,
had too much money to
spare. They lent it to
countries with big
deficits. The lending
Offers suggestions on
how to prevent a future
financial crisis:
Economists: The U.S.
needs to sell more
goods abroad and
import less.
Borrow less money
from China and other
countries.
Reduce government
spending.
Opposite of solution to
crisis.
24. What was their approach to financial
reporting?
NPR attempted and succeeded and at simplifying
complex issues for the average listener who may not
understand economics.
The short segments (especially from Morning Edition)
helped to not flood the listener with too much information
at one time.
NPR’s broadcast transcriptions were in a reader
friendly layout.
Bullet points
Headers
Introducing sources
Throughout the coverage NPR brought in a variety of
different sources from several credible institutions.
25. What could they have done
better?
NPR’s coverage before hand was somewhat
limiting although they did cover it briefly in 2001.
NPR could have included more examples of how
the crisis impacted averaged citizens, instead of
reporting mostly hard, financial news.
Some human interest pieces are OK.
26. Overall, was NPR’s coverage
effective?
NPR had useful knowledge for average listener:
It offered information that average listeners could
understand and relate to in their life.
Explanation of terminology:
The terminology was generally understandable for
anyone who did not have any prior financial
knowledge.
Relating to the audience:
The broadcasts related back to how the crisis
affected Main Street and the average citizen.