Bill Alpert

NBC’s Favorite Business Analyst – Really So Savvy?

By Jeff Poor | August 20, 2007 - 15:56

It’s been a bumpy ride in the markets and as with any news with such a serious downside, the NBC “Nightly News” has been all over it.

But who they chose to be front and center for their coverage has been a bit curious. CNBC’s Jim Cramer has appeared on the “Nightly News” five times in 2007 and eight times on the “Today” show – the majority of those appearances in recent weeks. (Kudlow, anyone?)

There are a few chinks in Cramer’s armor, though. Beyond his infamous meltdown on August 6 and his admission in December 2006 on TheStreet.com (NASDAQ:TSCM), a financial Web site he launched in 1996, of manipulating the press to influence the markets when he was working at a hedge fund, he’s not an all-knowing stock guru.