NBC provided timely reporting on the economic crisis and housing bubble but failed to adequately educate their mass audience. While laying out relevant information, NBC did not provide sufficient context or explanation. They briefly touched on important issues without delving deeper. As a result, NBC reporting skimmed the surface and did not consistently help the audience understand how to respond to the evolving situation. To improve, NBC should provide more background, focus on prevention, and make their news content more accessible and educational.
The U.S. Baby Boomer mirage has been kept the importers of “stuff” into the United States with positive trade deficits happy. That is coming to an end.
I have made this presentation to give insight of what really hapenned in 2008 when housing bubble bursted in 2008.
It was the greed of wall streets people and investors.
A controversial paper on what created the next potential depression of 2008. Many hours was conducted researching the causes of the economic collapse in 2008. The question might be asked, could we see this happen again?
The U.S. Baby Boomer mirage has been kept the importers of “stuff” into the United States with positive trade deficits happy. That is coming to an end.
I have made this presentation to give insight of what really hapenned in 2008 when housing bubble bursted in 2008.
It was the greed of wall streets people and investors.
A controversial paper on what created the next potential depression of 2008. Many hours was conducted researching the causes of the economic collapse in 2008. The question might be asked, could we see this happen again?
While our nation faces serious issues right now, there are compelling reasons to consider investing today.
As the nation recovers from the Great Recession, something’s happening that should give investors hope.
arifanee.com is world's leading website on the hottest financial news, perspectives and behind the scenes stories. arifanees.com brings you insight and information to inspire and transform your paradigm by enriching your with the best of facts and the vision.
arifanees.com
Information-Inspiration-Transformation
Ricardo V Lago -Interbank- Lima-22 04 2009 neiracar
Conferencia a la alta Gerencia de Intergroup en Lima el 22 de abril , 2009 sobre perspectivas de las economias mundial y peruana y oportunidades de inversion en bolsa
arifanee.com is world's leading website on the hottest financial news, perspectives and behind the scenes stories. arifanees.com brings you insight and information to inspire and transform your paradigm by enriching your with the best of facts and the vision.
arifanees.com
Information-Inspiration-Transformation
Presentation at Texas Christian University\'s AddRan Festival Of Undergraduate Scholarship and Creativity, April 2009 and winner of TCU\'s Economic Department Award to Best Presentation in Economics.
While our nation faces serious issues right now, there are compelling reasons to consider investing today.
As the nation recovers from the Great Recession, something’s happening that should give investors hope.
arifanee.com is world's leading website on the hottest financial news, perspectives and behind the scenes stories. arifanees.com brings you insight and information to inspire and transform your paradigm by enriching your with the best of facts and the vision.
arifanees.com
Information-Inspiration-Transformation
Ricardo V Lago -Interbank- Lima-22 04 2009 neiracar
Conferencia a la alta Gerencia de Intergroup en Lima el 22 de abril , 2009 sobre perspectivas de las economias mundial y peruana y oportunidades de inversion en bolsa
arifanee.com is world's leading website on the hottest financial news, perspectives and behind the scenes stories. arifanees.com brings you insight and information to inspire and transform your paradigm by enriching your with the best of facts and the vision.
arifanees.com
Information-Inspiration-Transformation
Presentation at Texas Christian University\'s AddRan Festival Of Undergraduate Scholarship and Creativity, April 2009 and winner of TCU\'s Economic Department Award to Best Presentation in Economics.
The global financial crisis, brewing for a while, really started to show its effects in the middle of 2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems.
On the one hand many people are concerned that those responsible for the financial problems are the ones being bailed out, while on the other hand, a global financial meltdown will affect the livelihoods of almost everyone in an increasingly inter-connected world. The problem could have been avoided, if ideologues supporting the current economics models weren’t so vocal, influential and inconsiderate of others’ viewpoints and concerns.
This presentation provides an overview of the crisis with links for further, more detailed, coverage at the end.
A crisis so severe, the world financial system is shaken…
Attached is a wonderful presentation by the wizard financial analyst and writer Arif Anees. Hope you'd all relish this rare stuff..
A lecture delivered in 2010/11. Why the economy will collapse is a warning to all investors who speculate on stocks and shares, and other forms of speculation. It is far better to invest directly into CASH & PROFITS.
Watch the following video and respond to the questions belowhtt.docxmelbruce90096
Watch the following video and respond to the questions below:
https://www.youtube.com/watch?v=ImQrUjlyHUg
(1) What is your opinion of Mark Pagel's explanation of language and humanity? (i.e., do you think his explanation of the evolution of language adequately addresses how humans have been impacted by the ability to communicate).
(2) How do you think "social learning" has influenced humanity? (think of the good and bad).
(3) Are there any additional thoughts that came to mind as you were watching this video?
Don’t Look Back in Anger at Bailouts and Stimulus
By Alan S. Blinder And Mark Zandi
The Wall Street Journal
Oct. 15, 2015 6:32 p.m. ET
Former Federal Reserve Chairman Ben Bernanke in an Oct. 6 interview on the Fox Business Network. PHOTO:
RICHARD DREW/ASSOCIATED PRESS
Without the emergency measures of 2008-09, the U.S.
economy would be far worse off today.
The publicity surrounding former Federal Reserve Chairman Ben Bernanke’s memoir prompts a
look-back at the stunning array of policy responses promulgated by the Fed, Congress and two
administrations to avert catastrophe during the financial crisis in 2008-09. This is important
because many of these initiatives haven’t aged well in the eyes of politicians and the public.
TARP, fiscal stimulus, quantitative easing and auto bailout remain dirty words to many people
who increasingly blame them for prolonging the Great Recession and the slow pace of recovery.
But in a study released Thursday for the Center on Budget and Policy Priorities, we found the
reverse to be true: These extraordinary policies ended the crisis and jump-started an economic
recovery that is stronger in the U.S. than in most countries.
Specifically, we estimate that:
• The peak-to-trough decline in real gross domestic product, which was barely more than 4%,
would have been close to a stunning 14%.
• The contraction would have lasted three years, more than twice as long as it did.
Don’t Look Back in Anger at Bailouts and Stimulus
By Alan S. Blinder And Mark Zandi
The Wall Street Journal
Oct. 15, 2015 6:32 p.m. ET
• More than 17 million jobs would have been lost, about twice the actual number.
• Unemployment would have peaked at just under 16%, rather than at 10%.
• The federal budget deficit would have ballooned to $2.8 trillion, equal to 18% of GDP,
compared with its actual peak of 10%.
• Today’s economy would be far weaker than it is—with real GDP about $800 billion lower, 3.6
million fewer jobs, and unemployment still at 7.6%.
The overwhelming nature of the fiscal and monetary policy responses is the main reason we
didn’t suffer a much-worse fate. Yet history is in danger of giving the powerful 2008-09
responses a misguided Bronx cheer.
Start with TARP. The Troubled Asset Relief Program was deeply unpopular in part because it
was so large—a $700 billion bailout fund—and aimed primarily at “Wall Street.” It felt wrong to
bail out guilty parties, and many.
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
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.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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
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 in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
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.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
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
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
1. NBC & TheNBC & The
Economic CrisisEconomic Crisis
By Allison Stein, ArianaBy Allison Stein, Ariana
Katzman, Danielle Haskin, ElliottKatzman, Danielle Haskin, Elliott
Polakoff, and Lindsay HurdPolakoff, and Lindsay Hurd
2. What is NBC?What is NBC?
NBC is one of the four major broadcastNBC is one of the four major broadcast
networks in the U.S.networks in the U.S.
Besides the news NBC includes bothBesides the news NBC includes both
daytime programming and prime-time TVdaytime programming and prime-time TV
showsshows
Because of this NBC attracts a broadBecause of this NBC attracts a broad
audienceaudience
Not for your typical finance junkieNot for your typical finance junkie
3. NBC.COMNBC.COM
News is not the main focus on NBC.COMNews is not the main focus on NBC.COM
The website diverts you to other NBCThe website diverts you to other NBC
affiliated website such as example MSNBCaffiliated website such as example MSNBC
and Meet the Press.and Meet the Press.
More about promoting NBC as a BRAND andMore about promoting NBC as a BRAND and
a NETWORKa NETWORK
As a result of this news is put on theAs a result of this news is put on the
backburnerbackburner
Entertainment sells, news doesn’tEntertainment sells, news doesn’t
4. The Early StagesThe Early Stages
February 3, 2001: Nightly News Tom BrokawFebruary 3, 2001: Nightly News Tom Brokaw
First signs of falling economyFirst signs of falling economy
““The economy is churning out new jobs in different areas but basically they justThe economy is churning out new jobs in different areas but basically they just
aren't paying enough”aren't paying enough”
The unemployment rate was starting to reach its highest in 15 monthsThe unemployment rate was starting to reach its highest in 15 months
Never tell viewers why the economy is falling….Never tell viewers why the economy is falling….
September 8, 2001: Nightly News John SeigenthalerSeptember 8, 2001: Nightly News John Seigenthaler
Decline in economy still, only the housing marketing is good, warningDecline in economy still, only the housing marketing is good, warning
““Signs of slow down”Signs of slow down”
““Housing is one of the strongest markets but signs of weakness closing in allHousing is one of the strongest markets but signs of weakness closing in all
around”around”
People are “Getting out while the getting's good”People are “Getting out while the getting's good”
5. Early StagesEarly Stages
The Housing BubbleThe Housing Bubble
September 29, 2002: Nightly News, John SeigenthalerSeptember 29, 2002: Nightly News, John Seigenthaler
Increase in housing prices still but…Increase in housing prices still but…
““Experts warn that in some areas it has grown too much too fast, that theExperts warn that in some areas it has grown too much too fast, that the
housing bubble could burst, forcing values down”housing bubble could burst, forcing values down”
BUT a “Solid investment in your future”BUT a “Solid investment in your future”
Contradiction: Hot Market vs. will it burst?Contradiction: Hot Market vs. will it burst?
May 31, 2005: Nightly News Brian Williams “Through the Roof”May 31, 2005: Nightly News Brian Williams “Through the Roof”
Prices of homes jumped 15%, prices outweighing incomePrices of homes jumped 15%, prices outweighing income
““Economists don’t believe it’s a national bubble they believe it is only a local”Economists don’t believe it’s a national bubble they believe it is only a local”
6. Early StagesEarly Stages
The Housing BubbleThe Housing Bubble
May 24, 2006: Nightly News Brian WilliamsMay 24, 2006: Nightly News Brian Williams
Loans are the culprit, “housing on the bubble”,Loans are the culprit, “housing on the bubble”,
increasing mortgage rates and pricesincreasing mortgage rates and prices
August 2, 2006: Nightly News Brian WilliamsAugust 2, 2006: Nightly News Brian Williams
Targets the average consumer from all sides (credit cards andTargets the average consumer from all sides (credit cards and
electricity)electricity)
Financial Expert Rick Sharga explained “In a worst case scenarioFinancial Expert Rick Sharga explained “In a worst case scenario
you could have so many properties entering foreclosure that ityou could have so many properties entering foreclosure that it
depresses the value of homes on the market”depresses the value of homes on the market”
His firm saw a 25% increase this spring and he said “This wave ofHis firm saw a 25% increase this spring and he said “This wave of
resets is the wildcard in housing”resets is the wildcard in housing”
7. The Bursting of the Bubble
July 29, 2007: Nightly News Lester Holt
• Everyone likely effected in some way
• NBC Pat Dawson: Moments Thursday and Friday when
everyone was looking to get out
• Pat Dawson NBC News correspondent explains “There were
moments Thursday and Friday when it seemed everyone on
Wall Street was looking to get out. The sell-off was triggered
by more bad news in the U.S. housing market and concerns
that both companies and consumers may have increasing
problems borrowing money”
• Henry Paulson Treasury Secretary “I’m not making light of any
of this but this is a readjustment, which is I think, a wake-up
call”
• Maria Bartiromo “You talk to builders or lenders…slow down
will likely go well into 2008 possibly into 2009….the next factor
to look at is whether the consumer is going to have other types
of loans. If that is the case that means we are seeing a real
spillover into the broad economy and possibly looking at the
loss of jobs”.
8. During theDuring the
Crisis (2007-2009)Crisis (2007-2009)
October 16, 2009: Nightly News BrianOctober 16, 2009: Nightly News Brian
WilliamsWilliams
““Bigger risk to the economy than the experts areBigger risk to the economy than the experts are
saying”, “most significant current risk to our economy”,saying”, “most significant current risk to our economy”,
“Domino effect is brutal”“Domino effect is brutal”
Though they briefly touch on important issues they areThough they briefly touch on important issues they are
trivialized because they jumped right to the next storytrivialized because they jumped right to the next story
with no commentary from Brian Williams.with no commentary from Brian Williams.
Limited selection of reports in 2007.Limited selection of reports in 2007.
Only 2:30 of a 30 minute news segment was dedicatedOnly 2:30 of a 30 minute news segment was dedicated
to the economic crisisto the economic crisis
9. During the Crisis (2007-2009)During the Crisis (2007-2009)
The Crisis and the ElectionThe Crisis and the Election
September 24, 2008: Nightly News BrianSeptember 24, 2008: Nightly News Brian
WilliamsWilliams
http://www.youtube.com/watch?v=dnlfyUKBaeohttp://www.youtube.com/watch?v=dnlfyUKBaeo
The clip focuses on the presidential race andThe clip focuses on the presidential race and
its relationship to candidates position on theits relationship to candidates position on the
economyeconomy
Again, this was the only segment dedicated toAgain, this was the only segment dedicated to
the economy and only focused on the election.the economy and only focused on the election.
10. During theDuring the
Crisis (2007-2009)Crisis (2007-2009)
January 21, 2008: Nightly News Brian WilliamsJanuary 21, 2008: Nightly News Brian Williams
Puts the evolution of the crisis into perspective for the average joePuts the evolution of the crisis into perspective for the average joe
Started a series: “Hard Times, a Nightly News Survival Guide”: A look at howStarted a series: “Hard Times, a Nightly News Survival Guide”: A look at how
our financial markets got where they are and a look at how you can protectour financial markets got where they are and a look at how you can protect
yourselfyourself
Two things cause the recession:Two things cause the recession:
1) Price of Oil up 74% in a year-makes many other product prices soar1) Price of Oil up 74% in a year-makes many other product prices soar
2) Cheap Mortgages: “Convinced Americans anyone could own a home”,2) Cheap Mortgages: “Convinced Americans anyone could own a home”,
“Kept low after 9/11 to boost the economy”, “sparked a borrowing binge”“Kept low after 9/11 to boost the economy”, “sparked a borrowing binge”
As a result…As a result…
Americans couldn’t keep up with payments and banks stopped lending asAmericans couldn’t keep up with payments and banks stopped lending as
much which means businesses hire fewer workers and consumers buy less-much which means businesses hire fewer workers and consumers buy less-
Consumer spending it what drives ¾ of economyConsumer spending it what drives ¾ of economy
Explain that when consumers loose faith you can have a recession veryExplain that when consumers loose faith you can have a recession very
quicklyquickly
Addressed what went wrong, made us understand that we were in fact,Addressed what went wrong, made us understand that we were in fact,
entering a recessionentering a recession
11. After theAfter the
Crisis (2009-2010)Crisis (2009-2010)
January 10January 10thth
, 2010: Nightly News Lester, 2010: Nightly News Lester
HoltHolt
Experts from across political spectrum say that Obama’s housingExperts from across political spectrum say that Obama’s housing
program is a disappointment.program is a disappointment.
““It’s being overwhelmed by the magnitude of the problem. MoreIt’s being overwhelmed by the magnitude of the problem. More
has to be done.” (Mark Zande, Moody’s Chief Economist)has to be done.” (Mark Zande, Moody’s Chief Economist)
Defenders say progress has been made, program is meeting it’sDefenders say progress has been made, program is meeting it’s
targetstargets
Michael Barr, U.S. Treasury and creator of program: “I think we’reMichael Barr, U.S. Treasury and creator of program: “I think we’re
going to have to do a better job of continually reaching borrowers”going to have to do a better job of continually reaching borrowers”
12. After theAfter the
Crisis (2009-2010)Crisis (2009-2010)
July 9, 2010: Nightly News Lester HoltJuly 9, 2010: Nightly News Lester Holt
Unlike previous NBC news report, there are explanations forUnlike previous NBC news report, there are explanations for
why Obama’s homeowner program isn’t working:why Obama’s homeowner program isn’t working:
Elizabeth Warren: “Banks aren’t doing enough to help…Elizabeth Warren: “Banks aren’t doing enough to help…
Often mortgage services make more money for themselvesOften mortgage services make more money for themselves
if a family goes on to foreclosure…Because program isif a family goes on to foreclosure…Because program is
voluntary, mortgage servicers have final say. There is novoluntary, mortgage servicers have final say. There is no
real muscle to the program and no real requirement that youreal muscle to the program and no real requirement that you
have to follow guidelines of the program”.have to follow guidelines of the program”.
On the other hand, NBC uses Warren as a source ofOn the other hand, NBC uses Warren as a source of
criticism when she chairs the panel that oversees moneycriticism when she chairs the panel that oversees money
used to find program.used to find program.
13. After theAfter the
Crisis (2009-2010)Crisis (2009-2010)
http://www.youtube.com/watch?v=HUMXKNhttp://www.youtube.com/watch?v=HUMXKN
Ann Curry asks what the solution is forAnn Curry asks what the solution is for
people to avoid the mortgage crisis. Thispeople to avoid the mortgage crisis. This
is an appeal directly to the citizen tois an appeal directly to the citizen to
understand the issue.understand the issue.
14. General TrendsGeneral Trends
Did a good job with being up-to date on the latest breakingDid a good job with being up-to date on the latest breaking
newsnews
Their reporting style is one that tries to do too many thingsTheir reporting style is one that tries to do too many things
at once in an attempt to appeal to all of the masses.at once in an attempt to appeal to all of the masses.
They lay out the information but they fail to give the back-They lay out the information but they fail to give the back-
story and tell you what to do with it.story and tell you what to do with it.
Although they brand themselves as being the news channelAlthough they brand themselves as being the news channel
for the mass-audience they fail to adequately educate theirfor the mass-audience they fail to adequately educate their
audienceaudience
They skim the surface of every important issue but fail to goThey skim the surface of every important issue but fail to go
deeper. This was a particular problem in their reporting ofdeeper. This was a particular problem in their reporting of
the financial crisis.the financial crisis.
They are clear because they are informative and up to-dateThey are clear because they are informative and up to-date
but fail to be consistently helpful.but fail to be consistently helpful.
15. How To ImproveHow To Improve
Though they give many statistics about the housing bubble andThough they give many statistics about the housing bubble and
increased foreclosures BUT they don’t inform citizens on what theyincreased foreclosures BUT they don’t inform citizens on what they
should do to avoid this situationshould do to avoid this situation
They make it very easy for people to watch it and make the sameThey make it very easy for people to watch it and make the same
mistakes, need to explainmistakes, need to explain preventionprevention
Make their website more accessible and with more news contentMake their website more accessible and with more news content
Give more background information on the issues they are reportingGive more background information on the issues they are reporting
on so the audience can understand the big pictureon so the audience can understand the big picture