Ben Grossman of Broadcasting & Cable writes Saturday that CNBC “Mad Money” host Jim Cramer is spouting off against new rival Fox Business Network.
“‘We have a competitor now in Fox and it is really important to destroy and mutilate them,’ he says with typical subtlety.
“While Cramer says he likes and respects Fox’s Rupert Murdoch and Roger Ailes—he worked for Fox in 1999—he wants no part of a friendly tussle.
“This is not the NFL where people mingle at the end of a game,’ he says. ‘I’m not collegial. It’s personal.’
“To prove his point, Cramer drops the word ‘turncoat’ when referring to Liz Claman, who jumped ship from CNBC to Fox Business this month. I was actually a little scared to ask if he’d ever do the same thing. I’ve heard the stories from his trading days.”
Read more here.
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