OLD Media Moves

Why is CNBC's Burnett questioning short sellers' patriotism?

September 19, 2008

Ryan Chittum of Columbia Journalism Review wants to know why CNBC anchor Erin Burnett is calling investors shorting financial companies “unpatriotic.” Jim Cramer defended the practice.

Erin BurnettChittum writes, “A CNBC spokesman said he’s reviewing the segment.

“Look, we know this deepening crisis has everybody, including financial commentators, spooked. And understandably, so.

“But this is stuff you normally find in the darkest corners of Yahoo Finance chat boards, not supposedly reputable financial journalism broadcasts.

“Time to take a deep breath.”

Read more here.

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