World FInancial Crisis - Coverage

This morning Alistair Darling was supposed to release a statement at 7am, however as of posting the release hasn't appeared. As a result Breakfast (and presumably other news channels) were initially ad-lib/bantering in an attempting to kill enough time before the the release came out. I imagine about 10 minutes had been pencilled into that half hour to discuss the release.

The News Channel also stayed with Breakfast until 8.40 to cover Sian's interview with the Chancellor.

Great coverage from CNN this morning. Monita and Max are anchoring a rolling coverage of the crisis and they have Richard Quest and John Defterios in the studio, Adrian Finighan in the City, Andrew Stevens in Hong Kong and reporters from Dubai, Moscow, Tokyo plus a lot of interviews with experts.

The use of the Breaking News supers during PMQs resulted in a conflict with the newly introduced FTSE status graphic this afternoon.

The graphics team were swift to act though - the FTSE graphic has now been aligned to the right while the Breaking News graphics remain on screen.

http://www.rp-network.com/tvforum/uploads/n241.jpg

Sure, it looks a bit messy, but it's good to see not only that they can make such swift changes - a testament to the flexibility of the current graphics package - but also that they are actually making those changes on the fly.

Would look better if the top of the FTSE graphic was level with the Breaking News graphic though.

I love this quote from the 1 O'Clock News:

Robert Peston: "If that doesn't do any good then frankly we might as well turn the lights off, get under the duvet and stay there."

Sounds like a plan.

Excellent triple header on CNNI this morning - Adrian Finighan, Richard Quest and Andrew Stevens in LON, LON and HKG respectively. Good coverage.

Equally good rolling coverage on BBC World as well - end to end David Eades and Sally Bundock with extra coverage. Sally has just gone out and been replaced by Jamie Robertson.

Oops. Richard Quest does like to be candid, but perhaps a slap in the wrist coming up for his live on air description of the Russian and Middle East markets/exhanges as being nothing more than cowboy markets and likening them to the wild west. In Richard's opinion, he feels that the Middle East and Russian market investors have gotten all that they deserve and he has no sympathy for them.

Gee. Thanks Richard.

Nacent markets, do you think?

Seems like a fair characterisation to me: they're relatively high risk markets.

Great stuff on Sky right now with Kay and Michael in the City, listening in to all the reports and rumours from the traders as they happened. That first 10 minutes of the Dow opening was incredible, watching it freefall by 700 points and then picking itself up again.

You are right, Blake. Although it's an incredibly bad (news) story which will affect all of us in some way, the new age of rolling news media has made the whole thing fascinating viewing.

I feel the major outlets have handled it well.

Sky News Australia has joined Sky News UK early for the Afternoon Live program.
It seems very messy how they are presenting from the floor of CMC Markets. People are walking in front of the camera just to get to their desks!
The program should have been presented from the London Stock Exchange or just the sky news centre. Fox Biz are coming from their normal studio and they are keeping the "atmosphere".