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Two former Bear Stearns hedge fund managers were indicted and arrested June 19, 2008 in the first criminal prosecution stemming from the collapse of the subprime mortgage market. Those charges came on the same day prosecutors revealed hundreds of indictments linked to the nation’s housing crisis.
Is the media to blame? Do sensational headlines and scrolling messages of doom across TV screens equate to deceitful practices? Is there a difference between two men allegedly inflating numbers for personal profit and entire news corporations deflating real estate values for revenue-generating purposes?
Today’s guests, Blanche Evans, Editor, RealtyTimes.com and Donald K. Irvine, Chairman, Accuracy in Media, will discuss these and other issues pertaining to real estate, the economy and the responsibilities of our nation’s media to the citizens it represents.
Finally, our guests will give us their thoughts on, “do reporters simply not get it or do they have an agenda of their own.”
Click the Show Notes button above for more topic details.
(PDF format).
