“And did we mention the idiotic Santelli episode? In terms of newsroom standards, it’s like Fox News run amok over at CNBC.”
That’s the conclusion to a very accurate, well sourced and blistering critique of CNBC over at Media Matters’ new financial site. They are going to be busy if they want to catalogue all of the lies and politicking on that network. Cramer’s not really the problem. He’s outrageous by nature and no one really takes him seriously. The main problem is the group of “journalists” who ‘play one on TV’ while in actuality serving as politically-rightward-tilting commentators. It’s a disgrace to financial journalists everywhere.
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