Business Coverage

On Saturday's "Good Morning America," co-anchor Bill Weir and reporter Gigi Stone actually took a look at whether or not it's a good idea to tax CEO bonuses and what effect it could have on Wall Street. While much of the mainstream media have been playing off populist anger over bonuses, Weir teased the segment by wondering, "With tempers flaring over executive payouts, Congress considers cutting…

Is CNBC caving to its critics on the left? It might appear so now that former Vermont Gov. Howard Dean, also the former chair of the Democratic National Committee, was officially named a CNBC contributor on the March 23 "Squawk Box" by co-host Joe Kernen. "Joining us for the next two hours, former DNC chair and Vermont Gov. Howard Dean, who is as of today a CNBC contributor," Kernen said. CNBC…

Anyone who has followed the decline of General Motors and Chrysler since the two companies received a combined $17-plus billion in bailout money in December won't be surprised at the news that they need more -- or at the government's convenient weekend timing of the news. The financial cliff on which Chrysler stands was a given by the time its first bailout installment arrived. But, as shown in…

When Jon Stewart eviscerated Jim Cramer for not doing a better job of warning Americans about the looming financial crisis, the "Mad Money" host should have brought videos and transcripts of some of his highly-publicized rants in order to thoroughly disprove the comedian's premise.In fact, as former investigative reporter turned actor and producer Dan Gifford revealed at Big Hollywood Sunday,…

For the second day in a row, CNBC "Squawk on the Street" co-host Mark Haines took on a Democratic congressman over the issue that American International Group (AIG) paid out too much in bonuses for a company that received federal bailout money. On March 19, Haines took on alleged tax cheat Charles Rangel, questioning whether or not he should be dictating tax policy while the House Ethics…

While there has been a lot of outrage over taxpayer money being used to fund $165 million in bonuses paid out to American International Group (AIG) executives propagated by the media, Fox Business "Happy Hour" co-host Cody Willard suggested the bailout money is going to something far worse - terrorism, specifically al-Qaida.On March 18, The Wall Street Journal reported that some of the money the…

The anger and outrage over $165 million in bonuses paid out to American International Group (AIG) executives has many upset and outraged, but it also has some scratching their head wondering where that same emotion is over the entire government spending/bailout culture that has encapsulated Washington, D.C. Earlier on March 17, CNBC reporter Rick Santelli suggested on CNBC's "Squawk Box" some of…

Since his now-famous Chicago Tea Party outburst from the floor of the Chicago Mercantile Exchange in February, CNBC's Rick Santelli had seemingly disappeared from the spotlight. However, on CNBC's March 17 "Squawk Box," Santelli, using similar theatrics, noted that the Obama administration as been very concerned about $165 million in bonuses paid out to American International Group (AIG)…

Could this be a sign of things to come? Now that CNBC Chicago Mercantile Exchange reporter Rick Santelli has mysteriously disappeared from the spotlight after his criticism of President Barack Obama's mortgage proposal in February and now that CNBC "Mad Money" host Jim Cramer has been marginalized after his lackluster appearance on Comedy Central's "The Daily Show" on March 12, could the new…

What's a little salt on the wound after a seemingly humiliating performance by CNBC "Mad Money" host Jim Cramer on Comedy Central's March 12 "The Daily Show?" At least that's the way White House Press Secretary Robert Gibbs acted when he took the opportunity to comment on last night's "Daily Show" during his March 13 press briefing. Gibbs was asked what he thought of the interview, where "Daily…

There seems to be a wall of silence surrounding the sudden withdrawal of H. Rodgin Cohen (pictured at right) from consideration for the Number 2 job at the Treasury Department. The party line, according to ABC's This Week host and former Clinton administration adviser George Stephanopoulos, is that "an issue arose in the final stages of the vetting process." David Cho at the Washington Post…

It was supposed to be a moment of high drama - when Comedy Central "Daily Show" host Jon Stewart faced off with CNBC "Mad Money" host Jim Cramer.  But it wasn't a fight, it was more of a beating. The "comedian," as Cramer recently called him, repeatedly bashed the financial network and its star host in a segment called "Brawl Street."The week-long feud began when CNBC reporter Rick Santelli…