Fox Business Gunning for James Cramer

by: Barry Ritholtz

Via MediaBistro, we learn that Fox Business Network has bought ad space in the New York Times and the Wall Street Journal, poking fun at CNBC's Jim Cramer, and what he said about Bear Stearns (NYSE:BSC), days before its collapse.

It's an embarrassing quote, but in all fairness to Cramer, he was advising the caller not to pull their account from Bear Stearns, and was not (as is implied by FBN) advising them to buy or keep BSC stock.

The tag line of the Fox advert is "Turbulent Times Call For A Credible Network."