Time & Newsweek Discover the Credit Crisis

By Paul Kedrosky · Sunday, September 21, 2008 ·

Like it or not, Time and Newsweek talk to a huge swath of the population. And both discovered the credit crisis this week -- but took strikingly different approaches. Time buried itself in populist rhetoric and awful accounting, while Newsweek personalized it by anointing Treasury Secretary Henry Paulson as "King Henry". (Click for larger versions.)