Brad Adgate, research director at Horizon Media, a New York-based ad buying agency agrees: "The show has to be good, " he says.

FORBES: A Buzzworthy CBS

Nevertheless, one was hard-pressed to find someone at the Bloomberg state and municipal finance conference in New York on Tuesday who would speculate that a wave of defaults was even on the horizon.

FORBES: A Wave Of Muni Defaults? Not Gonna Happen

Brooklyn, New York (Motherboard.tv) -- In April of last year the Deepwater Horizon semi-submersible Mobile Offshore Drilling Unit exploded in the Gulf of Mexico, killing 11 men, injuring 17 others and triggering what is generally recognized as one of the greatest human errors ever made and officially the largest unforeseen marine oil catastrophe since people started drilling for oil.

CNN: Robotic sailboats built to clean up oil spills

Thus did the fortunate Mr Hall find his champion, and the First Horizon Home Loan Corporation, a subsidiary of First Tennessee Bank, find itself charged under New York law with unlawful collection and deceptive business practices.

ECONOMIST: Banking regulation: Hall of fame | The