Marketwatch: CNBC's First Quarter "of hell"

Discussion in 'Wall St. News' started by rickf, Apr 7, 2009.

  1. rickf


    CNBC has a first quarter to forget
    Commentary: Five ways how it can regain its stride
    By Jon Friedman, MarketWatch
    Last update: 12:01 a.m. EDT April 6, 2009

    NEW YORK (MarketWatch) -- For CNBC, the just-completed first quarter of 2009 was a season in hell....

    < - >
  2. Before Cramer was criticized by Jon Stewart, he was criticized by Fox News.

    But the lowest moment for CNBC was their response to Fox's criticism of Cramer which was a ridiculous ad campaign "In Cramer We Trust".

    My response would be "May God Help Those Who Trust Cramer" because anyone who trusts Cramer is bleeding money.

    But it is hard to pick on CNBC without picking on its cable brethren as well. It is not as if CNN, MSNBC, or Fox News are doing any better of jobs of being cable news channels than CNBC is of being a business channel.