Just how superficial is ABC? On Monday and Tuesday, the network allowed a mere 20 seconds to "outrage" over a plan by the European Union that would have seized ten percent of the money Cyprus residents had in their bank accounts. ABC's World News skipped the story entirely, as did Monday's Nightline. Good Morning America on Tuesday offered 20 seconds. In contrast, the program devoted over five minutes to important topics, such as the newest season of Dancing With the Stars.
NBC and CBS both showcased more coverage. On Monday, Nightly News's Brian Williams featured the story in a full report. Describing the potential default of Cyprus as a "banking crisis," he explained, "European leaders decided to take a chunk of that bailout money directly out of the bank accounts of everyone in the country." Displaying interest not seen on ABC, Williams added, "It was a shocking move heard around the globe today and the fear on the Mediterranean island rippled through world financial markets today."