Business Coverage
CNBC’s Melissa Lee in as 'Fast Money' Host; Former Host Ratigan Admi
March 31st, 2009 12:59 AM
One of the subplots in the soap opera known as CNBC took another turn on Monday as some of the pieces fell in place of who's doing what and why. Last Friday, CNBC and former "Fast Money" host Dylan Ratigan parted ways officially. However, on CNBC's March 30 "Fast Money," show panelist Guy Adami, the managing director of Drakon Capital, announced Melissa Lee, a fill-in host over the past year for…
Fox News Host Beck Slams Connecticut AG: 'You are an Insult to George
March 30th, 2009 8:35 PM
Fox News Channel host Glenn Beck has already shown he's a rating success and is leaving a mark in cable news. However, he may have pulled one of his most successful performances yet. Beck interviewed Connecticut Attorney General Richard Blumenthal on his March 30 broadcast. But, the radio and TV host took the opportunity to tell Blumenthal what he thought of his investigation into the bonuses…
Wall Street Bets Obama Will Fire Bank CEOs Next Says CNBC Reporter
March 30th, 2009 6:06 PM
After General Motors (NYSE:GM) Chairman and CEO Rick Wagoner was forced out by President Barack Obama, Wall Street is betting bank CEO firings will be the next shoe to drop. CNBC's New York Stock Exchange floor reporter Bob Pisani told viewers of CNBC's March 30 "Street Signs" the market's actions, with the Dow Jones Industrial Average (DJIA) dropping as much as 300 points, are reflect, in part…
CNN Segment Blames 'Stingy Voters' for Rejecting Tax Hike for Mass Tra
March 30th, 2009 1:16 PM
Should the voters in St. Louis feel guilty? If you're a CNN viewer, you would assume so. A segment that aired on CNN's March 29 "State of the Union" looked at some of the cutbacks that will go in effect on March 30 to the St. Louis bus and light rail systems. "Metro faces a more than $50 million budget gap, two dozen bus routes are being eliminated, others shortened or put on less frequent…
CBS’s Smith: GM CEO’s ‘Head Went Rolling Off The Guillotine
March 30th, 2009 12:49 PM
While reporting on President Obama forcing General Motors CEO Richard Wagoner to resign, on Monday’s CBS Early Show, co-host Harry Smith happily declared: "It's the end of the road for GM's CEO, Rick Wagoner, ousted by President Obama as the White House demands more from the U.S. auto industry...we saw Bob Schieffer's interview with Barack Obama Sunday Morning and he said we need more from the…
'The O’Reilly Factor' Criticizes the 'Liberalization' of CNBC; Cites
March 28th, 2009 12:09 PM
More and more people are starting to take notice of CNBC's dramatic shift to the left and the liberal groups promoting it. On Fox News Channel's March 27 "The O'Reilly Factor," host Bill O'Reilly and Bernard Goldberg, author of "A Slobbering Love Affair: The True (And Pathetic) Story of the Torrid Romance Between Barack Obama and the Mainstream Media" took a look at trends pointing to this shift…
Trouble at CNBC? 'Fast Money' Host Dylan Ratigan Out
March 27th, 2009 6:10 PM
A prominent CNBC personality that had been outspoken about the media's role in the current financial crisis, himself included, has reportedly left CNBC. A spokesman for CNBC told NewsBusters Dylan Ratigan, the co-creator of one of the network's most popular shows, "Fast Money," is leaving the network effective March 27. "Dylan told us that he is leaving CNBC effective today," CNBC spokesman…
Accident or Commentary? CNBC Personality Drops Expletive During Obama
March 26th, 2009 4:28 PM
CNBC has been a hotbed for commentary - both left and right, from Rick Santelli's call for a tea party on the floor of the Chicago Mercantile Exchange to the hiring of former Democratic Committee Chairman Howard Dean as a CNBC contributor. This time, one of the hosts on CNBC's March 26 "Power Lunch" dropped an expletive during President Barack Obama's online town hall meeting as the…
Levin Declares 'No Constitutional Authority' for Expanded Obama Admini
March 25th, 2009 9:30 PM
Has the federal government exceeded, or is it on the verge of exceeding its constitutional authority with the recent series of events connected to rescuing an ailing banking system? Although Rep. Michele Bachmann, R-Minn., was ridiculed for raising that question in a congressional hearing on March 24, conservative talk show host, constitutional lawyer and legal commentator Mark Levin, told Fox…
Liberal Economist Krugman Explains Populist Backlash Will Cause Geithn
March 25th, 2009 10:41 AM
Talk about unintended consequences. All this populist anger ginned up by congressional Democrats, the media and the Obama administration is going to hinder the Treasury Department's strategy to rescue the banking system. Paul Krugman, the liberal New York Times columnist and winner of the 2008 Nobel Prize in economics explained to Bloomberg News on March 24 that this is just what is happening…
Liberal Blog Co-Founder/Editor Arianna Huffington to Guest Host CNBC M
March 25th, 2009 12:24 AM
Perhaps this post could be headlined "CNBC Continues to Atone for Its Outspoken Obama Criticism." As if announcing Democratic National Committee chairman and former Vermont Gov. Howard Dean as a "CNBC contributor" weren't enough, CNBC has invited the editor in chief of one of the its biggest critics to guest co-host one of CNBC's most popular shows. Originally reported in a status update from…
CNBC Host Larry Kudlow Announces He Will Not Run for U.S. Senate
March 24th, 2009 8:09 PM
It had been one of the many points of contention against CNBC by the left-wing attack machine - that "The Kudlow Report" host Larry Kudlow was using his show as a platform to make a run at the U.S. Senate in 2010 against Democratic Sen. Chris Dodd. Well, they're going to have to find another way to try to marginalize Kudlow, as they have with other CNBC personalities. Kudlow announced on his…
Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President
March 24th, 2009 2:17 PM
Could this be another case of a chastened CNBC succumbing to criticism from the left to improve its image? Just a day after CNBC named former Democratic National Committee chairman Howard Dean a CNBC contributor, an uncharacteristically soft-spoken CNBC "Mad Money" host Jim Cramer, appeared on NBC's March 24 "Today" along with CNBC "Squawk on the Street" co-host and "Street Signs" host Erin…
The Huffington Post's New Obsession: CNBC
March 23rd, 2009 5:43 PM
It's the latest ailment of the left - CNBC derangement syndrome. Since CNBC's Rick Santelli and Jim Cramer took an outspoken stance on the shortcomings of the Obama administration, left-wing storefronts have been popping up all over the place wanting to capitalize on the network after it took a vicious attack from Comedy Central "The Daily Show" host Jon Stewart. After CNBC "Squawk on the…