Don't listen to Jim Cramer
Nick Kapur of The Motley Fool criticizes CNBC‘s “Mad Money” host Jim Cramer in a post on Monday. Kapur writes, “The scary part is that Cramer has flip-flopped numerous times, calling the bottom already several times this year. While CNBC may gloss over this fact, I’ve taken careful notice. Don’t forget about his theory that […]
Business news takes center stage
Greg Morago writes Thursday for the Hartford Courant how business journalism is taken on more credence with the current economic turmoil. Morago writes, “That transitional focus to business and financial news has shone a spotlight on media business reporters in print and broadcast. The financial talking heads, business scribes, Wall Street analysts and market-watch hacks […]
AIG CEO wants apology from Cramer, but he's already apologized
CNBC “Mad Money” host Jim Cramer, who has been criticized in recent weeks for recommending Wachovia stock and then suggesting investors get out of the market, is now the target of new American International Group CEO Ed Liddy. Wall Street Journal staff writer Heidi Moore writes, “Liddy has barely been in his new job a […]
Cramer ignores his skeptics
Scott Collins of the Los Angeles Times looks Monday at the controversy surrounding CNBC “Mad Money” host Jim Cramer and the growing competition that the network has with Fox Business Network. Collins writes, “For his own part, Cramer insisted he ignores his legion of skeptics and haters. ‘I have not seen any of the Fox […]
CNBC begins running new Cramer ads
CNBC began running new television commercials featuring “Mad Money” host Jim Cramer on Wednesday using the slogan “In Cramer We Trust.” On the commercial, Cramer is speaking, with the monologue taken from Monday’s show, where he said, “Bottom line: The new plan does not save the market. It just takes another Great Depression off the […]
Fox Business slamming Cramer in ads
Holly Sanders of the New York Post writes Wednesday that Fox Business Network has been running ads on other networks, including CNBC, that slam Jim Cramer, host of CNBC’s “Mad Money” show. Sanders writes, “Fox Business skirted CNBC’s ad sales department by buying spots in local markets, including New York and Los Angeles, from cable […]
TV critic and CNN's Velshi go at it
David Zurawik, the television critic of the Baltimore Sun who has been critical of television coverage of the economic crisis, and CNN lead business correspondent Ali Velshi went at each other on “Reliable Sources” Sunday about whether Velshi was reporting or presenting opinion. CNBC’s Jim Cramer was also discussed, but he declined to appear on […]
Critic: Time to rein in Cramer, Velshi
Baltimore Sun television critic David Zurawik writes Tuesday that the business media should do something to control what advice commentators such as CNBC’s Jim Cramer and CNN’s Ali Velshi tell people about the market. Zurawik writes, “I really believe American business journalism can do better — and we have never needed it more in recent […]
Cramer apologizes for being duped by Wachovia CEO
CNBC “Mad Money” host Jim Cramer apologized on his show Monday night for recommending Wachovia stock and for comments made two weeks ago by company CEO Robert Steel, who said everything was fine with the bank, writes Andrew Ross Sorkin of the New York Times. Sorkin writes, “It didn’t help that Mr. Cramer later told […]
How "Mad Money" has evolved
Cliff Mason, a senior writer for the CNBC show “Mad Money” that stars Jim Cramer, writes Wednesday about how the show’s coverage has evolved in the past three years. Mason writes, “I wasn’t around when things started out, but I showed up about three months later, and the model for the show back then, and for all […]
