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BANKS IN TROUBLE: NO QUICK FIX SAYS SHEILA BAIR
MarketWatch: — Banks insured by the FDIC posted a collective loss of $26.2 billion in the fourth quarter of 2008, the agency said Thursday, as the percentage of charged off loans tied a quarterly record of 1.91%.
The grim results compared to a $575 million profit during the […]
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Danny Schechter "The News Dissector" has been offering a counter narrative
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and he is now making a film on the economic crisis that the book explores
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The "News Dissector" explores how the financial crisis was built on a foundation of criminal activity uncovering the connection between the collapse of the housing market and the economic catastrophe that followed.
Written by veteran media critic and Emmy winner Rory O'Connor, Shock Jocks features unsparing profiles of the ten worst conservative radio talkers in America, including Michael Savage, Bill O' Reilly, Rush Limbaugh, Don Imus and the rest.
