Cramer's Housing Solution: Halt Illegal Immigrant Deportation

November 6th, 2008 10:49 AM
Drastic times call for drastic measures, and CNBC's Jim Cramer has a drastic measure that probably won't sit well with border enforcement proponents. On Nov. 5 the host of CNBC's "Mad Money" detailed for his audience how he would save the economy serving under Democratic President-elect Barack Obama - under the facetious assumption he could be SEC chairman, Federal Reserve chairman and Treasury…

Burnett: McCain Win Might Give Stocks 'Big Pop,' Market 'Priced In Oba

November 3rd, 2008 11:34 AM
Wall Street is definitely watching all those polls the networks keep touting. CNBC's Erin Burnett told MSNBC's "Morning Joe" that Wall Street was predicting that Sen. Barack Obama will win the presidency, but an upset from Sen. John McCain might boost it: This market has priced in Obama, has not priced in McCain. Some people say that if McCain were to have an upset and win the market…

CNBC's Burnett Declares Schumer Not to Blame for IndyMac Failure

July 24th, 2008 2:03 PM
Don't blame Sen. Charles Schumer, D-N.Y., member of two influential banking committees - the Senate Finance Committee and the Committee on Banking, Housing, and Urban Affairs - for IndyMac's collapse, says CNBC's Erin Burnett. Burnett, host of CNBC "Street Signs," disagreed with a claim by MSNBC "Morning Joe" host Joe Scarborough that a letter to regulators from Schumer caused a run on the…

CNN Correspondent Links Rising Food Costs to Ethanol

April 4th, 2008 3:03 PM
You're going to need a few extra bucks to pay for those corn flakes every morning.CNN's senior business correspondent Ali Velshi let viewers in on an underreported fact about rising commodities prices: the government mandate for ethanol production is making corn and other agricultural products more expensive-making inflation a top priority for Americans."Several years ago, we made some decisions…

Bartiromo Defends Bernanke; Ties Current Woes to Events During Greensp

March 24th, 2008 5:02 PM
It's not Ben Bernanke's fault, according to CNBC's Maria Bartiromo. Bartiromo appeared on NBC's March 23 "Meet the Press" with CNBC's "Street Signs" host Erin Burnett as the program's featured guests. "Meet the Press" host Tim Russert asked Bartiromo and CNBC's Erin Burnett if Bernanke was "up to the task" to take on problems with the U.S. economy. Bartiromo didn't blame the Fed chief for…

A Rather Sedate Jim Cramer Reacts to Spitzer Prostitution Revelation

March 10th, 2008 3:56 PM
Later Says He’d 'Bank on a Socialist in Brazil' more than 'a Republican'It wasn't exactly one of CNBC "Mad Money" host Jim Cramer's most jovial appearances, but it was certainly interesting to see how he'd react to the big story of the day. A dejected Cramer showed his disappointment immediately following reports New York Governor Eliot Spitzer was involved in a prostitution ring on CNBC's…

'Nightly News' Calls Clinton Think-Tank a 'Consumer Group' in Lead Sto

March 1st, 2008 3:00 PM

NBC’s Missed Prediction: $4 Gas by Mid-February

February 19th, 2008 12:43 PM
Early last month, when oil prices flirted with inflation-adjusted record highs, fears of sky-high gas prices were filtered through the media. CNBC's Erin Burnett gave viewers a frightening prediction of $4-a-gallon gasoline during a January 2 appearance on the NBC "Nightly News." The "Street Signs" anchor cited John Kilduff, the vice president of risk management at the MF Global Ltd.…

CNBC ‘Street Sweetie’ Bucks Media Trend; Says Job Number Isn’t S

February 1st, 2008 4:54 PM
"January Jobs Number: Beware! It Might Not Be True," the caption read at the bottom of the screen on CNBC's February 1 "Street Signs." The number of payroll jobs declined for the first time in more than four years on February 1, but "Street Signs" host Erin Burnett explained, this jobs report might not be as bad as it has been reported elsewhere - like today's story posted on CBSNews.com - "U…

Cramer Flip-flops: Bond Insurers Won't Cause Dow Crash

January 31st, 2008 6:46 PM
Two weeks and two rate cuts later, CNBC "Mad Money" host Jim Cramer has a revived faith in the U.S. stock market. On January 18, Cramer appeared on MSNBC's "Hardball with Chris Matthews" and warned if the government didn't intervene and prevent the failure of two large insurance companies, Ambac and MBIA, the Dow Jones Industrial Average would drop 2,000 points in the upcoming weeks. Cramer…

CNBC’s Burnett Reveals Cramer 'Certifiably' Crazy; Why She Called Bu

January 18th, 2008 4:05 PM
CNBC "Street Sweetie" Erin Burnett revealed what some might have suspected about "Mad Money" host Jim Cramer all along. "[H]e's crazy - certifiably," Burnett said on the January 18 "Late Night with Conan O'Brien." Of course, Cramer is a regular on NBC's "Today" and "Nightly News" as an expert on the economy. On December 19, Cramer appeared on "Today" and was very critical of Fed Chairman…

‘Nightly News’ Takes Protectionist Tone for Foreign Investment Sto

January 17th, 2008 5:43 PM
American capitalism - it's so great even the Chinese Communist government loves it! That's sounds like it ought to be a bumper sticker, but the January 16 "NBC Nightly News" advised it is something we should be cautious of. Foreign investors have been on a buying spree in the U.S. stock markets - as stock prices have fallen with all the skittishness in the wake of the credit crunch. "…

Media Coverage Gives Recession 4:1 Odds

January 16th, 2008 3:43 PM
In spite of recent polls of economists by leading financial publications predicting a less than 50-percent chance the U.S. economy will enter a recession in 2008, the media's coverage of "recession" since the beginning of the year makes it seem inevitable.ABC, CBS and NBC reported "more signs of a looming recession," "deepening troubles," "new fuel for recession fears," "rattled consumers," "an…

Erin Burnett's Shopping List for Suitors

January 11th, 2008 8:56 AM
We have seen Chris Matthews drool over her on live television but he might have second thoughts after reading the extensive shopping list of CNBC's Street Signs anchor, Erin Burnett. Her expensive list of things she wants from suitors was published in Men's Health as 8 Ways to Impress Me. None of the ways in which one can impress Erin has anything to do with personality. It all comes down to…