No comment from CNBC about Stewart segment…yet

By Reynolds Staff on Mar 06, 2009 in Basics, Uncategorized

The Associated Press is reporting that CNBC isn’t responding to Jon Stewart’s critical satire of the financial network on Wednesday’s “The Daily Show.” Stewart ran a series of clips that showcased some of the network’s predictions over the last couple years. CNBC reporter Rick Santelli, who criticized the Obama Administration for its plans to bail out homeowners during a live broadcast on Feb. 19, was originally scheduled to appear on Stewart’s show but backed out. According to the AP article, CNBC spokesman Brian Steel said, “we all made a decision it was just time to move on to the next story.”

During “The Daily Show” segment, Stewart first took shots at Santelli and then turned to CNBC. “If I had only followed CNBC’s advice, I’d have a million dollars today…provided that I’d started with $100 million,” Stewart said.

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