Minority Broadcasters to Treasury Secretary Geithner: We Need a Bailout, Too
New York Daily News, July 14, 2009
By David Hinkley
A dozen of the country's largest minority broadcasters warn they'll be "extinct" if they don't get some federal bailout dollars -- or at least a helping hand with bank loans. In a letter to Treasury Secretary Timothy Geithner, the broadcasters say a credit crunch from "plummeting ad revenue" and other factors has led to an "unprecedented crisis."
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