Why there are no leaks from “Mad Money”
Joe Weisenthal of Business Insider writes about the lack of lacks about the content produced for “Mad Money,” the CNBC investing show hosted by Jim Cramer.
Weisenthal writes, “We’re here at the NYSE, where we just listened to Mad Money host and all around media guru Jim Cramer talk about his day, and what goes into Mad Money.
“There’s a lot of stuff that we’ll get into, but there was one thing that struck us particularly interesting: Why don’t any of Cramer’s recommendations ever leak out, given that the show is recorded right at 4 PM, and doesn’t air until later in the evening?
“He explained, only 5 people ever see the script, and then: ‘If I fear someone has leaked, I fire them.’ He might ask questions later, but there is ‘No due process.’
“Furthermore, anyone who calls in to ask a question is on mute, and can’t hear any of the show while they wait.”