Anatomy of a story
Posted: Friday, November 21, 2008 4:52 PM by Daily Nightly Editor
Filed Under:
Brian Williams
By Brian Williams, Anchor and managing editor
When our folks confirmed the report that Obama had selected Tim Geithner for his Treasury Secretary nominee, we were on our afternoon conference call. We learned the news the instant the confirmation came in -- then we listened as CNBC was notified. Just seconds later (literally within the minute), citing NBC News sources, they ran a banner headline -- and then we watched the dow start to move. When we started watching the number it was down $29.00 -- then it started its run...closing up close to 500 points. For days we've heard from sources that Wall Street movers and shakers were anxious for Obama to name his nominee -- hoping for some positive direction for a market that has lost 15% this week and 50% this year. Monday could be a very eventful day. Wall Street has the weekend to breathe, and journalists have the weekend to prepare their profiles of the new cabinet nominees. We hope you can join us tonight, and have a good weekend.