Fox attacks CNBC’s Jim Cramer
The New York Post reports that Fox Business Network, which just marked its one-year anniversary, has begun airing ads on CNBC attacking Jim Cramer, host of CNBC’s Mad Money financial program.
CNBC vigorously defended Cramer and struck back at Fox.
To read more, click here.
CNBC vigorously defended Cramer and struck back at Fox.
“It is a predictably desperate attempt by a completely irrelevant network with ratings so pathetically small they refuse to make them public," said a CNBC spokesman. "As recent market events attest, Jim Cramer has proven once again to be one of the most insightful and knowledgeable commentators in business news today."According to the article, a Fox spokeswoman defended the ad, saying Cramer's "irresponsible, sloppy commentary and wildly inaccurate predictions" have damaged CNBC's integrity.
To read more, click here.
posted by Travis at
10/15/2008 01:22:00 PM
1 Comments:
It is not only the Fox Business Network who said something negative about the way how Jim Cramer expresses his thoughts. Jon Stewart who always gets the headline and one of the most popular sources for the interpretations of news headline that people really look up to. Recently, Stewart went after Cramer and pilloried him as ignorant or at worst complicit with the various Wall Street pranks of the last few years. Stewart even pointed out that certain firms had taken so much debt because of their practices to the short-term profits until the global economy collapse. An unflinching desire to take people to task is part of what makes Jon Stewart an American icon.
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