CNBC
CNBC Anchor Asks If Her McCain-bashing Guest Is Nonpartisan
September 30th, 2008 3:55 PM
As NewsBusters has been reporting for months, CNBC's chief Washington correspondent John Harwood seems to take every opportunity afforded him to bash Republican presidential candidate John McCain.Having once again done so on Tuesday's "The Call" on CNBC, anchor Melissa Francis asked whether or not Harwood was nonpartisan.The delicious exchange occurred after Harwood spoke in great length about…
Cramer Warns to Lay Off Stocks Until Dow Hits
September 29th, 2008 8:49 PM
The shock and awe of the financial market meltdown is just beginning according to CNBC star Jim Cramer. Cramer on CNBC's Sept. 29 "Mad Money" cautioned viewers about the current market. His advice - do nothing because there's more pain to come if no rescue plan makes it out of Congress. As he put it: "sit on your hands." "Only those stocks that are sure enough to pull the trigger on until we…
CNBC Analyst Debunks Myth Bailout Will Make a Profit
September 29th, 2008 3:52 PM
The theory that bailout legislation recently defeated in the House of Representatives would make money for the federal government has been propagated by the financial media. But according to a recent report released by the International Monetary Fund (IMF), a profit is unlikely. The September 2008 report from the IMF stated the chances of the government recouping anything more than just a…
CNBC: Congressional Republicans ‘Hate Wall Street
September 25th, 2008 4:04 PM
If you don't give me money, I won't bail you out! Conservative opposition to a federal bailout of financial institutions is over campaign donations, not a desire to uphold sound market principles, according to CNBC. CNBC's chief Washington correspondent John Harwood said Sept. 25 on "Squawk Box" that he had a conversation with "a top Republican member of congress last night" who told him…
Harwood: 'Crisis on Wall Street Benefits Barack Obama
September 19th, 2008 1:04 PM
As the Bush administration on Friday proposed a sweeping government bailout to address the nation's financial woes, CNBC's chief Washington correspondent John Harwood told viewers that such a move could help John McCain's presidential campaign because the "crisis on Wall Street benefits Barack Obama." This came just days after CNN's David Gergen and Candy Crowley made similar assertions with the…
On NBC, CNBC's Liesman Raises 'Banana Republic' Spectre
September 18th, 2008 8:27 PM
Comparisons to the current Wall Street financial situation to the Great Depression have not been unusual in the media, but Thursday's NBC Nightly News went a step further into inducing panic. Delivering a healthy dose of hyperbole, Steve Liesman of CNBC prompted a “wow” from anchor Brian Williams when he raised the spectre that the credit troubles could lead, “some” would say, to the “U.S.…
'McCain Can't (i.e., Doesn't) E-Mail' Claim Not Only a Lie; It's Irrel
September 13th, 2008 10:52 AM
John Stephenson at NewsBusters early this morning asked, “Will (the) Media Report Obama’s Mocking of McCain’s Disability?” The answer is "I doubt it," at least beyond their blogs. Print edition or televised examples will be rare to non-existent. Two other pertinent items will also probably be ignored: Bill Clinton's acknowledged lack of tech skills and virtual non-use of e-mail.More important,…
CNBC Reporters Draw 'Scary' Comparisons Between Lehman, Bear Stearns
September 12th, 2008 2:18 PM
In light of their reporting on the failure of investment firm Bear Stearns Companies Inc. (NYSE: BSC), it seems CNBC reporters aren't "tip-toeing around on eggshells" when reporting about problems at Lehman Brothers Holdings Inc. (NYSE: LEH). On CNBC's "Squawk Box," reporter Charlie Gasparino told co-host Joe Kernen, "I will say this about the Bear Stearns thing when you compare that [Lehman]…
CNBC Media Editor Warns Democrats Will Exploit Sex for Oil Scandal
September 11th, 2008 6:29 PM
You would never associate sex and drugs with crude oil - but politically, the Democratic Party might try. Sen. Bill Nelson, D-Fla., appeared in an interview on CNBC's September 11 "Power Lunch" the day after it was revealed that federal investigators discovered an Interior Department group overseeing the collection of oil and natural gas royalties improperly had sex with subordinates and…
CNN's Chetry: 'Please Tell Me It's Not Lipstick Again
September 10th, 2008 11:40 PM
On CNN's American Morning today, White House correspondent Suzanne Malveaux reported on Barack Obama's campaigning in Virginia. Afterwards, anchor Kiran Chetry had a question:CHETRY: All right. And Suzanne, what's on tap for the campaign today? And please tell me it's not lipstick again.MALVEAUX: Let's hope not. He's going to be in Norfolk, Virginia. That is in southeast Virginia, and it's home…
Cramer Calls WSJ the ‘Fox Street Journal’; Refers to Democratic Pa
September 8th, 2008 3:08 PM
On MSNBC's "Morning Joe" September 8, Jim Cramer took a shot at owner of The Wall Street Journal, Rupert Murdoch, in the midst of talking about the Fannie Mae and Freddie Mac takeover: I read The Wall Street Journal, sorry, The Fox Street Journal. When is Murdoch going to put his positive right wing implant on left wing journalists? ... When is Murdoch going to broom the Spartacus workers…
CNBC’S Harwood: ‘Left-of Center Bias’ is Real
September 3rd, 2008 11:09 AM
John Harwood, CNBC's chief Washington Correspondent, admitted this morning "that people who talk about bias in the mainstream press, left of center bias, are not imagining things." He went on to explain, "It has to do with the kind of people who go into journalism, okay? So I'm not arguing with that general notion. I think that those of us in journalism have to do our best to try to present the…
CNBC Anchor ‘Embarrassed’ by Media Obsessions with Palin Pregnancy
September 2nd, 2008 12:17 PM
Sex sells, even during a presidential election. But that doesn't mean journalists have to be happy about it. CNBC's "Squawk Box" co-host Joe Kernen took a moment during a panel discussion September 2 to take a shot at the onslaught of coverage over presumptive vice presidential nominee Sarah Palin's daughter's pregnancy. You know as a member of the media I'm just kind of embarrassed with…