Brian Stelter of the New York Times writes Monday that business news network CNBC continues to run the “In Cramer we Trust” commercials for “Mad Money” host Jim Cramer despite the drubbing he took on “The Daily Show.”
“In a statement Friday, the network said that it is ‘built for balance’ and said that ‘since the crisis began the most notorious bears have appeared regularly to debate the most prolific bulls.’
“‘If people are looking to pass out the blame, there are numerous offenders who are way ahead of the media: the lenders, mortgage brokers, speculators, legislators and regulators, who have billions in budget and thousands of employees,’ the statement said.”
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Be sure to read this response in CJR. I agree 100%: http://www.cjr.org/the_audit/nyt_lets_nbcs_zucker_spin_away.php