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February 18, 2009
Frontline: Inside the Meltdown
I generally liked last night's Frontline segment on the credit crisis, especially the first half. It hit the highlights.
My biggest complaint? Two-parter:
- Not enough bankers talking, too many journalists, and too few bloggers. On the last point, not me personally necessarily, but a host of bloggers provided the best coverage of the credit crisis, and not one of them (!!) made it into the Frontline segment. That was wrong.
- Not enough discussion of why banks matter and why they're different than auto companies, and why that needs to change. We keep throwing around words like "systemic crises" without being clear about what we mean.
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