Thursday, March 18, 2010

What Bias? Re: '60 Minutes' Silent on Government Role in Financial Crisis

Subject: txt mny msm =



"He dug into the idiocy and negligence that produced the worst financial crisis since the Great Depression," Steve Kroft opened a segment of the March 14 CBS "60 Minutes,"

If Lewis "dug into the idiocy and negligence," he did so selectively - or that's what viewers could conclude from the long "60 Minutes" report, which concerned itself with how "some of Wall Street's smartest minds managed to destroy $1.75 trillion of wealth in the sub-prime mortgage markets."

But somehow, in a 24-minute report about the sub-prime mortgage meltdown, nobody ever said where all the bad loans originated...

[Now that's professional journalism.]



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