Guest slams Cramer about Goldman
Steve Krakauer of Mediaite notes Friday that a guest on CNBC criticized “Mad Money” host Jim Cramer. Krakauer writes, “Today during Jim Cramer’s segment on CNBC’s Street Signs with Erin Burnett, guest Sylvain Raynes from R&R Consulting went after Cramer – and Cramer fired back. “After Cramer seemed to defend Goldman Sachs, or at least […]
The lack of wisdom in financial journalism
Max Zeledon, a former research analyst at International Data Group in San Francisco who runs a digital consulting firm, writes about financial journalism in the wake of running across “Mad Money” and Jim Cramer on CNBC last night. Zeledon writes, “Maybe I’m being unfair to him because he is an entertainer after all, but his […]
Cramer's CNBC audience continues to decline
The number of viewers tuning into CNBC‘s “Mad Money” hosted by Jim Cramer has continued to decline, according to the Zero Hedge blog. Zero Hedge writes, “What should be more troubling for the Mad Money Maestro is that the latest Mad Money Nielsen numbers just came in. And they stink: March was the weakest month […]
Cramer admits advice was wrong
CNBC “Mad Money” host Jim Cramer admitted he made a mistake when he told investors to sell stocks in the wake of the passing of the health care reform bill, writes Craig Jones of Benzinga. Jones writes, “His first mistake was believing that the health care reform will hurt earnings of the companies. Caterpillar Inc. […]
Cramer delays pay raise, lowers bonus
TALKING BIZ NEWS EXCLUSIVE TheStreet.com has struck an agreement with co-founder Jim Cramer where his 2010 salary raise won’t take affect until July 1 and his potential 2010 bonus will be lowered. According to a Securities and Exchange Commission filing, Cramer’s salary increase to $1.87 million from $1.56 million was originally scheduled for Jan. 1. […]
TheStreet.com shares jump 27%
Eric Savitz of Barron’s reports Tuesday on the 27 percent rise in TheStreet.com stock — 69 cents to $3.21 — due to its earnings release on Monday where it restated earnings for the past year and gave guidance for the fourth quarter. (The stock is now up 28 percent, or 71 cents.) The rise has […]
Cramer: I expect Morrow to get well, work again
TheStreet.com co-founder and “Mad Money” host Jim Cramer believes that David Morrow, the former TheStreet.com editor in chief who is now a business journalism professor at the University of Nevada, will conquer cancer the same way he conquered the Web site’s newsroom. In an e-mail to Talking Biz News Thursday night, Cramer wrote, “First as […]
Top biz journalism events of the decade
TALKING BIZ NEWS EXCLUSIVE The first decade of the 21st century began with business journalists facing criticism for their boosterish coverage of companies during the tech bubble and ended with many of the same reporters facing more criticism for failing to warn consumers about the current economic crisis. In between, the world of business journalism […]
Stewart slamming Cramer is biz journalism moment of 2009
Yvette Kantrow, the executive editor of The Deal, writes that the evisceration of CNBC “Mad Money” host Jim Cramer by “The Daily Show” host Jon Stewart was the most telling moment in business journalism in the past year. Kantrow writes, “This isn’t to say the media couldn’t have done a better job covering problems in […]
Cramer gives viewers bad pick — again
The Wall St. Cheat Sheet notes that CNBC “Mad Money” host Jim Cramer‘s recommendation to his viewers to buy Best Buy stock is now blowing up in his face. The Cheat Sheet notes, “On last week’s Mad Money, game show host Jim Cramer told his acolytes ‘to pick up [Best Buy] BBY before Tuesday morning’s […]
