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Rounding out the day's financial coverage was a pair of features. NBC kicked off its series Meltdown: Making Sense of it All with a potted version of David Faber's CNBC documentary House of Cards, which retraces the inflation and bursting of the real estate bubble starting with Alan Greenspan's slashing cuts to interest rates in the aftermath of the terrorist attacks of September 11th, 2001. CBS had Sharyl Attkisson file a Follow the Money report in which she identified eleven recipients of a total of $227bn from the Treasury Department's TARP funds. Those eleven operate tax havens that allow their clients to avoid paying a further $100bn each year to the Treasury Department. Attkisson's most egregious example was Morgan Stanley, which operates 158 separate tax haven subsidiaries in the Cayman Islands.
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