Friday, March 06, 2009

Rick Santelli Bails Out On Jon Stewart

Amazing Jon Stewart segment showing how CNBC as a 24-hour Financial Channel is horribly below average, bordering on delusional, doling out poor advice on the market month after month.
If I had only followed CNBC’s advice, I’d have a million dollars today,” Stewart said, “provided I’d started with $100 million.”
Fake news shows like The Daily Show should do finance.

The AP reports, CNBC spokesman Brian Steel “said neither the network’s executives nor [analyst Rick] Santelli would comment on Stewart’s broadcast.”

Source: Think Progress

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