Showing posts with label Rick Santelli Bails Out On Jon Stewart. Show all posts
Showing posts with label Rick Santelli Bails Out On Jon Stewart. Show all posts

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