Andrew Edgecliffe-Johnson of the Financial Times writes Tuesday about CNBC’s recent coverage of the economic upheaval in the States.
“A string of exclusives from CNBC has included interviews with Barack Obama and John McCain, arranged hastily as both candidates saw the economy dominate the presidential campaign.
“CNBC’s screens, which at times featured eight talking heads all trying to be heard at once, also captured the confusion of the week.
“On Tuesday last week, after Mr Gasparino reported that federal money was ‘on the table’ for American International Group, his colleague David Faber went on air saying that a private sector solution had failed but he could not confirm the bail-out report. AIG’s shares see-sawed wildly on the day. Similarly, CNBC at first reported that China’s Citic Group –- rather than China Investment Corp, or CIC –- might invest in Morgan Stanley.”
Read more here.
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“See no evil, hear no evil, speak no evil"-- CNBC’s new slogan
The Squawk Box mutual admiration society. They all are so impressed with the Democrat leaders in congress. As Becky Quick said this morning “I am so impressed with Barney Frank� Similar drooling by the whole bunch over Sen. Schumer. My son’s high school newspaper would have done a harder hitting interview.
I have changed the channel!