Fox Business Network

Here's a teachable moment: Bad things can happen when the government intervenes in the economy, which Fox Business Network host Cody Willard pointed out on his "Shot Clock" segment on "Happy Hour." Willard, on FBN's May 4 "Happy Hour" used part of his segment to call for the jailing of the New York Fed's chairman, Stephen Friedman. "New York Fed [Chairman] Stephen Friedman - this guy belongs…

Socialist International President George Papandreou has a lot in common with President Barack Obama. Both the world leaders have called for nations to come together to solve the global recession and both claim it is necessary to focus on a green economy. Papandreou, who is likely to become Greece's next Prime Minister, was encouraged by Obama's "very new signal" about global goals for…

While there has been a lot of outrage over taxpayer money being used to fund $165 million in bonuses paid out to American International Group (AIG) executives propagated by the media, Fox Business "Happy Hour" co-host Cody Willard suggested the bailout money is going to something far worse - terrorism, specifically al-Qaida.On March 18, The Wall Street Journal reported that some of the money the…

Business and Media Institute's Dan Gainor appeared on Fox Business News "Money for Breakfast" March 17 to discuss the Obama economic team's performance in the administration's first 50 days. Gainor dubbed Treasury Secretary Tim Geithner "the worst" because "when he came out and talked about the housing plan that he didn't have, the markets tanked." Ben Bernanke, Federal Reserve Chairman…

GMAC may be in financial trouble, but that isn't stopping the auto lender-turned-bank holding company from maintaining its corporate sponsorships. The question is - will anyone notice?  In October, GMAC (NYSE:GKM) changed its legal status so that it would be eligible for TARP funds passed by Congress. Late last month, GMAC was approved to receive a $5 billion lifeline from the U.S. government.…

Fox Business Network anchor Alexis Glick is frustrated by the way the government's $700 billion financial bailout is being used, and suggested on "Money for Breakfast" Nov. 21 that it was contributing to market declines. "I mean, look, we are now at levels at least on the S&P that we haven't been since 1997. You know, people are pretty unhappy with how the TARP fund is going," Glick said…

So what exactly is the government doing with your money? Fox Business Network's Alexis Glick would like to know. Treasury Secretary Henry Paulson announced Nov. 12 he would be redirecting the $700 billion bailout to focus on propping up financial institutions instead of buying troubled mortgage assets, which was the original intent of the rescue plan. Glick, the host of FBN's "Money for…

The Securities and Exchange Commission ended the 16-day ban on short selling Oct. 9, which has left many journalists asking if the ban actually worked to keep more banks from failing. The staff at the Business & Media Institute's video blog, "The Biz Flog," could have told you the ban wasn't a good idea when they put together "Who's Afraid of a Big Bad Short Seller?" But, it's nice to see…

The media were quick to jump on the story of an emergency airplane landing in Manila, Philippines due to a hole in the fuselage of a Qantas flight. And they were quick to sensationalize the story without mentioning Qantas' impressive safety record. "Well, nobody's saying that we should be covering up a huge hole in the side of an airplane. But it's important for the media to not sensationalize…

Update below (18:45 EDT | March 10).It happens from time to time, believe me. You're going over your Web site and what do you see but a product or service advertised that, to be charitable, conflicts with your mission, or otherwise is just plain embarrassing. It's the nature of having third-party advertising arrangements, and usually you can get these things resolved with an e-mail or two to your…

BMI Vice President Dan Gainor took to the Fox Business Network Thursday to explain the difference between "depression," "recession" and "slow growth," terms the mainstream media has blurred.Economists "don't even agree that we're in a recession yet," Gainor said. "But then if you watch the network news shows, we're already up to eight times this year - that's once a week where they've made a…

Vice President of the Business & Media Institute Dan Gainor outlined the media's failure in covering consumer confidence numbers in a February 15 appearance on the Fox Business Network."What we're talking about, instead of consumer confidence, we're talking about media competence," Gainor said. "Last year, July was the six-year high for consumer confidence and yet if you watch any one of the…