In recent weeks there was an unexpected market meltdown - reports of a mortgage crisis which threatens to throw as many as two million Americans out of their homes, bankruptcies by major lenders, top banks reporting billions in losses and suggestions of complicity in predatory lending by top banks and Wall Street firms.The media focus has been on the financial institutions, not the people who are about to lose their homes and savings.The press has been asleep at the switch in reporting on this story, often showing more compassion for wealthy businessmen than abused consumers.MEDIA FOR DEMOCRACY appeals to its members to contact media outlets to investigate this story more thoroughly and explore remedies. MediaChannel's Danny Schechter, director of the film "In Debt We Trust" has outlined some initiatives our media can take to improve coverage on this financial crisis.
Click below to send an email to U.S. media outlets now.'
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