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It's pretty shameful that they would pretend to be a financial reporting institution at all. Subprime was a serious story/issue for maybe eight to ten months before CNN started blaming poor people for not paying their loans. How utterly fucking shameful.
It's become a fucking travesty to watch CNN/American TV media in general ignore a story until it gets too bad, and then make things worse by trying to analyze things in the poorest, shallowest, and most meaningless ways...This is not an isolated thing to finance, but just look at how they did the rises in oil price issue - blame the chinese and indians...war in georgia? blame russia.
the predictability is not cute anymore
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