CONTAINING LINKS TO 1280 STORIES FROM THE NETWORKS' NIGHTLY NEWSCASTS
     COMMENTS: Cartoon Cynic

NBC filed its In Depth feature on the arcane world of global finance. Economist Steve Liesman from CNBC, the financial cable news channel, was assigned to explain the coordinated action by five central banks--Switzerland, England, Canada, the Euro zone and the Federal Reserve--to inject a liquid $64bn to ease the so-called credit crunch caused by the problems in the real estate housing market in this country. Liesman took a leaf out of Robert Krulwich's (link to grid) book at ABC and decided to explain the plan using cartoon drawings. Anchor Brian Williams inquired: "To be a cynic here for a minute. Why is this not a bailout for the US from the rest of the world?" "This is like Plan B or C. They have tried a few other things. Bailout is probably Plan D or E. You will know it when there is a bailout," Liesman answered, equally cynically.

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