OLD Media Moves

Moving car breaking news for CNBC

January 15, 2009

Hal Morris, writing on his Grumpy Editor blog, wants to know why CNBC broke away from its regular coverage of the stock market on Wednesday to air live footage of the car accused Wall Street swindler Bernie Madoff was traveling in to the courthouse for his bail hearing.

Morris writes, “Aerial cameras followed the vehicle from Madoff’s penthouse apartment to the courthouse steps where ground cameras picked up the “action.â€?Â

“As a regiment of still and TV photographers jockeyed for positions on courthouse steps in the background, a TV reporter — over a BREAKING NEWS line flashed on the screen — assured ‘police have things under control.’

“Then, as TV cameras captured Madoff and his attorneys walking the short distance from curb to courthouse doors, someone in the studio asked, ‘Is he showing remorse?’

“A few seconds later, the same curb-to-doors footage was repeated multiple times on CNBC before the loop was concluded with a commercial break and a promise to ‘look at the financials,’ since the DJIA was sinking lower during the long vehicle ‘pursuit.'”

Read more here.

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