Fox Business VP and anchor Alexis Glick talks with the Star-Ledger about how the recession is changing everything from consumer habits to Wall Street to how financial news is covered:
Q: Were some financial journalists too cheerleaderish about the stock market?
A: There were just as many naysayers. Let’s be fair. Regulatory bodies fell down. Executives didn’t understand some of their products. Members of Congress didn’t understand the degree to which we were allowing a credit bubble to occur. We all collectively played some role in it.
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• Earlier on mediabistro.com: So What Do You Do, Alexis Glick?