CNBC is the Fox News of financial journalism in that few consider them to be journalists. The financial press in general has a reputation for being courtiers for Wall Street in hopes of finding a job or spouse in the halls of money. But CNBC fails to even offer the patina of journalistic pretense most of the finance press displays. They are, quite clearly, hacks posing as journalists.
|By: DSWright Monday September 30, 2013 9:57 am|
|By: David Dayen Wednesday October 17, 2012 12:19 pm|
I don’t know if Vikram Pandit wants to cite Maria Bartiromo in his list of reasons why he stepped down as head of Citigroup, but it certainly rings true as a general Wall Street titan complaint. Let’s face it, we have an individual here who sold his hedge fund to Citi for $800 million, taking [...]