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andrew j
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<i>Oh boy. Neither CNBC nor Jim Cramer are responsible for the credit crisis. If you think they are, then you don’t understand the crisis.</i>
Mar 17 09:53 am
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All Comments by andrew j »Fixing CNBC [View article]
You've got a nice little self-righteousness thing going here, and i hate to spoil it. But i don't see anywhere on the site or in your quote them saying that CNBC or Cramer were responsible -- complicit, maybe, but hardly responsible.
More to the point, you're missing the forest for the trees here. The objections stewart et al have with CNBC is the blending of financial advice with entertainment and shock news, in addition to having some clear conflicts of interests that they rarely disclose.
I'm with Nick Gogerty, but i don't think they'll die -- they already have too many big-pocketed institutions happy with the low cost PR & free softball interviews they already provide. Whether anyone watches or not, well, that's a different question.