economic-chaos

Fox Business Network Sole Beneficiary Of Crash

Hamilton Nolan · 01/22/08 10:41AM

The New York Times Co., News Corp, and Time Warner all saw their stocks fall to 52-week lows. The one winner amongst the pall? Lightly viewed upstart Fox Business Network, the only business channel politically incorrect enough to make staffers work on Martin Luther King Day, as Europe's stockmarkets careened. While, Bloomberg TV only had a brief live period Monday morning, and CNBC was on taped programming all day, Fox Biz was covering the crash live from the overseas markets. Dr. King did always believe in the redemptive power of work.