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Tag: CNBC

NBC screws up and lets Erin Burnett go . . .

May 8, 2011 /

Erin Burnett is leaving CNBC and moving on to CNN. CNN has been a disaster for years, so maybe a talent like Burnett will start to turn things around.

Meanwhile, you have to question the “brain trust” at NBC. What were they thinking?

She is considered one of the top stars at CNBC, and has even been talked about as a potential host for the “Today” show. However, a source told the Hollywood Reporter that NBC executives were not convinced of her suitability for a broader general news show, which could be a motive for her departure.

They’re nuts . . . Burnett would have been a star on the “Today” show or any other show they picked for her. It’s a big loss for NBC.

Media

CEO of TheStreet.com quits after Jim Cramer’s appearance on Daily Show

March 13, 2009 /

Things seem to be getting worse for Jim Cramer.

Friday brought more tumult for CNBC anchor Jim Cramer, when the chief executive of his online financial news site, The Street.com, resigned.

The company announced Friday that Thomas Clarke, TheStreet.com’s CEO for the past decade, would be leaving, effective immediately. He’s been temporarily replaced by Daryl Otte, a longtime director on the company’s board, who will serve as chief until the search committee, which he is leading, finds a new CEO.

Who knows the reasons behind Clarke’s decision, but the timing suggests that Cramer’s flameout is not going over well in the financial community.

Media

NBC is lame

March 13, 2009 /

This is pretty pathetic, and it highlights how bad Jim Cramer’s appearance was on The Daily Show.

A TVNewser tipster tells us MSNBC producers were asked not to incorporate the Jim Cramer/Jon Stewart interview into their shows today. In fact, the only time it came up on MSNBC was during the White House briefing, when a member of the press corps asked Press Secretary Robert Gibbs if Pres. Obama watched. Gibbs wasn’t sure if the president had, but Gibbs did. “I enjoyed it thoroughly,” the Press Secretary said.

On Cramer’s network, CNBC, the subject has only come up twice today, including when master marketer/CNBC personality Donny Deutsch brought it up briefly around 1pm on “Power Lunch.” “I’m a huge Jon Stewart fan,” said Deutsch, “He does what he does he does his job. But I’m also a huge Jim Cramer fan. He sticks up for the little guy, he cares, he puts his neck out, and I respect that. I respect both those guys.”

How embarrassing. In effect, Stewart destroyed Cramer’s credibility and painted CNBC as a bunch of fools, but MSNBC honchos decided not to respond. This suggests that there might be serious consequences.

Media

Jon Stewart destroys Jim Cramer and CNBC

March 13, 2009 /

Turns out this interview was a very bad idea for Jim Cramer. Jon Stewart makes him look like a fool.

Media

Jon Stewart slams CNBC, Rick Santelli and Jim Cramer

March 5, 2009 /

I’ve been stunned by what I’ve been seeing on CNBC. After most of the clowns on this networks completely missed the financial crisis, we have them lecturing the Obama administration about its efforts to dig us out of this mess and address long-term problems like health care and energy.

Rick Santelli has received the most press with his idiotic rant, but Jim Cramer has pushed the envelope on irresponsible rhetoric, calling Obama “Lenin” and saying he wants to destroy capitalism. This over-the-top rhetoric is absurd, particularly when you watch the video below. Cramer has been so spectacularly wrong about the banks that he looks like a complete fool now.

Jon Stewart reminds us that CNBC just sucks.

Economy, Humor, Video

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