BMI’s Gainor: ‘Gross Mismanagement’ in Network Coverage of Fanni

Nathan Burchfiel
July 31st, 2008 2:06 PM
The broadcast networks exhibited gross mismanagement in their coverage of Fannie Mae and Freddie Mac, the government-sponsored mortgage powerhouses now in need of a $25-billion government rescue. "It's partially a bias and partially just sort of gross mismanagement on their part," Business & Media Institute Vice President Dan Gainor said on CBN's "Newswatch" July 30. "All they had to do was…