BizKid$ Set To Go In January
FEDERAL WAY, Wash.–PBS television stations in 31 states have committed to broadcast the BizKid$ TV series sponsored by America’s Credit Unions to teach kids about money.
Starting in early 2008, the 26-episode series is scheduled to debut on 130 PBS stations, including the top three public television markets: Los Angeles, New York City and Chicago. More states will likely be added in January.
Biz Kid$ will also air on all High Definition Channel PBS stations (approximately 100) on Sundays at 5 p.m. (EST) beginning Jan. 27. This means all PBS stations that have HD channels will air Biz Kid$ at the same designated daytime slot across America. Every Biz Kids episode will begin and end with a narrator reminding viewers that “Production funding for Biz Kid$ is provided by America’s Credit Unions, where people are worth more than money.”
Eakes Critical of Federal Reserve
NEW YORK–The Federal Reserve Board could have moved more quickly to minimize, if not stop, the subprime mortgage crisis that has hit much of the country, the New York Times quoted Martin Eakes, CEO of the Center for Responsible Learning and former CEO of Self-Help Credit Union, as saying. The story suggested a number of people attempted to warn the Fed that many of the subprime mortgages being made were risky and ultimately not good for borrowers. The Times reported that several people tried to warn federal banking officials that the subprime mortgages were risky for borrowers. “The Federal Reserve could have stopped this problem dead in its tracks,” Eakes was quoted as saying. “If the Fed had done its job, we would not have had the abusive lending and we would not have a foreclosure crisis in virtually every community across America.”
