$1 BILLION being spent to advertise new film warning of U.S. economic collapse

Posted by PIMPIN TURTLE at 7/21/2008 9:08 PM and is filed under Money,Big Business,Video
NY Times/Bloomberg: $1 BILLION (with a B) dollars being spent to advertise new film warning of U.S. economic collapse


[link to youtube.com]

- - - - - - - - - - - - - - - - - - -

Spending $1 Billion to Restore Fiscal Sanity

"Mr. Peterson, co-founder of the Blackstone Group and a secretary of commerce under President Richard M. Nixon, will spend $1 billion in an effort to get the public’s attention. The money, which comes from the windfall Mr. Peterson received when Blackstone went public last year, will finance a media blitz, starting with a documentary, “I.O.U.S.A.”

“You can buy a lot of airtime” with $1 billion, Mr. Peterson said. “People are going to hear from us.”

[link to www.nytimes.com]

- - - - - - - - - - - - - - - - - - -

July 11 (Bloomberg) -- Blackstone Group LP co-founder Peter G. Peterson celebrated the launch of his $1 billion foundation last night by showing off his latest acquisition: a documentary that examines the perils of the U.S.'s debt.

The nonprofit will help promote the film's release and offer free DVDs of ``I.O.U.S.A.'' to the public after its theatrical run, said foundation spokeswoman Elizabeth Wilner.

[link to www.bloomberg.com]

 del.icio.us  Stumbleupon  Technorati  Digg 

 

What did you think of this article?




Trackbacks
Trackback specific URL for this entry
  • Trackbacks are closed for this entry.
Comments
  • No comments exist for this entry.
Leave a comment

 Enter the above security code (required)

 Name (required)

 Email (will not be published) (required)

 Website

Your comment is 0 characters limited to 3000 characters.