Explaining Wall St. to Main St.
In our editorial for this week’s issue of B&C, we took television news—and the broadcast networks in particular—to task for failing to carve out some primetime air for a special report that would help American viewers understand what is happening to the global financial market and how it affects them. Something along the lines of what WBEZ’s This American Life has done for public radio listeners with their "Giant Pool of Money" episode.
Last night, em>60 Minutes took a stab with a report from Steve Kroft. We’ve posted it below. And if you’ve seen other examples of instructive TV reports on the financial crisis, we’d love to hear from you in the comments section below.