Baltimore Sun critic recaps CNBC coverage of new bailout plan

In a piece posted on The Baltimore Sun's Web site, David Zurawik, a critic who writes about "the business, culture and craziness of television," discussed CNBC's coverage of Treasury Secretary Timothy F. Geithner's presentation of the new bailout plan for banks Tuesday.

Zurawik noted CNBC "was the place to be" on the very busy news day. The network offered "sweeping reaction from Wall Street" and even managed to score an exclusive interview with Geithner that was conducted by NBC anchor Brian Williams and CNBC senior economics reporter Steve Liesman. Zurawik thinks that while the financial network may have been "too quick to jump to wide-ranging conclusions," CNBC asked many "good questions." He adds, "the most revealing moment of the interview came when Liesman asked Geithner to "walk him through the process of how the government was going to identify and buy toxic mortgages from banks. Geithner did not provide any details." 

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