Cramer, Burnett: Iran Election Results Expected; Turmoil behind Ballot

June 15th, 2009 10:18 PM
Usually when there's turmoil in the Middle East, you'll see a spike in the price of oil, but not this time. On June 15, the first day of trading since the public backlash in Iran began from what many are calling a fraudulent election, the price of oil has actually declined - after a rally over the past few weeks. But as CNBC's Jim Cramer pointed out on his June 15 "Stop Trading" segment on "…

Wall Street Bets Obama Will Fire Bank CEOs Next Says CNBC Reporter

March 30th, 2009 6:06 PM
After General Motors (NYSE:GM) Chairman and CEO Rick Wagoner was forced out by President Barack Obama, Wall Street is betting bank CEO firings will be the next shoe to drop.  CNBC's New York Stock Exchange floor reporter Bob Pisani told viewers of CNBC's March 30 "Street Signs" the market's actions, with the Dow Jones Industrial Average (DJIA) dropping as much as 300 points, are reflect, in part…

Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President

March 24th, 2009 2:17 PM
Could this be another case of a chastened CNBC succumbing to criticism from the left to improve its image? Just a day after CNBC named former Democratic National Committee chairman Howard Dean a CNBC contributor, an uncharacteristically soft-spoken CNBC "Mad Money" host Jim Cramer, appeared on NBC's March 24 "Today" along with CNBC "Squawk on the Street" co-host and "Street Signs" host Erin…

The Huffington Post's New Obsession: CNBC

March 23rd, 2009 5:43 PM
It's the latest ailment of the left - CNBC derangement syndrome. Since CNBC's Rick Santelli and Jim Cramer took an outspoken stance on the shortcomings of the Obama administration, left-wing storefronts have been popping up all over the place wanting to capitalize on the network after it took a vicious attack from Comedy Central "The Daily Show" host Jon Stewart. After CNBC "Squawk on the…

CNBC Host to Rangel on AIG Bonus Tax Push: 'Talk About Violating the P

March 19th, 2009 2:57 PM
In the wake of the American International Group (AIG) bonus controversy, some have called the plans of congressional leaders to tax those bonuses at a rate of 90-100 percent "legislating with a vengeance." However, Chairman of the House Ways and Means Committee Rep. Charles Rangel, D-N.Y., insists that doing this is a necessity, despite the premise that retroactively taxing anything is a…

Bill Maher Bashes CNBC's Cramer for Calling Obama Lenin

March 7th, 2009 10:56 PM
In today's Pot Calling the Kettle Black moment, Bill Maher thinks CNBC's Jim Cramer isn't helping by suggesting that President Barack Obama is Lenin.This coming from a man who built an entire weekly television program on HBO savagely attacking George W. Bush and anyone associated with his Administration.Despite the obvious hypocrisy, on Friday's "Real Time," as Maher was talking to CNBC's Erin…

Cramer: 'This is the Greatest Wealth Destruction by a President

March 3rd, 2009 5:54 PM
Although an admitted Barack Obama supporter during last year's campaign, CNBC's Jim Cramer has certainly changed his view concerning our 44th president.On Tuesday's "Today" show, the outspoken "Mad Money" host said: we have "an agenda in this country now that I would regard as being a radical agenda";  Obama's just announced budget "put a level of fear in this country that I have not seen ever in…

HuffPo Blogger Cheap Shots CNBC's Burnett for Not Toeing Populist Line

February 2nd, 2009 6:31 PM
Don't like the notion of Wall Street employees receiving bonuses? Shoot the messenger - as Adam Green at The Huffington Post has done. In a Feb. 2 post on The Huffington Post, Green said it was bad form for CNBC "Street Signs" host Erin Burnett to even think about considering the other side of the anti-Wall Street bonus argument, since some Wall Street banks received TARP funds, courtesy of the…

CNBC Asks Limbaugh About His Bipartisan Stimulus Plan

January 29th, 2009 1:18 PM
On Thursday, NewsBusters asked, "How Will Media Cover Rush Limbaugh's Bipartisan Stimulus Plan?"Moments later, we got our first clue as the conservative talk radio host was interviewed by CNBC's Erin Burnett and Mark Haines.UPDATE: Better functioning video now embedded; bonus "Fox & Friends" interview video also added at end of post.Most fascinating, Burnett, who has come across as left of…

CNBC's Erin Burnett's Revelation: Snuggie Sales Prove TV isn't Dead

January 29th, 2009 12:12 PM
Who would have thought a blanket with sleeves, available in a variety of pastel colors, could serve as an economic indicator? While several sectors of industry are seeking bailout money in some form or another, the Snuggie, an oversized fleece blanket with sleeves featured in cable television ads, is one of the good-news business stories of 2009. According to an article in the Jan. 27 USA Today…

Cramer on Geithner's Tax Troubles: 'If it was Cramer, I Would Be Prose

January 22nd, 2009 8:31 PM
Like him or not, this time he has a valid point. CNBC rabble-rouser and "Mad Money" host Jim Cramer questioned the merits of Timothy Geithner, President Barack Obama's Treasury Secretary-designate, and told viewers on CNBC's Jan. 22 "Street Signs" that, had he been in Geithner's shoes, he'd face criminal prosecution.  "I happen to have a meeting with my lawyers just to discuss this - with my…

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…