CNBC on the Future of Network Newsgathering: 'That Ship has Sailed
April 8th, 2008 12:32 PM
It's no longer profitable for networks to have their own news organizations, according to CNBC's David Faber. In the wake of the news that CBS is in negotiations to outsource its news division to CNN, Faber explained on CNBC's April 8 "Squawk on the Street" CBS's news division is a victim of an evolving business. "The news that CBS is once again considering a deal under which it would…
More Cramer Outlandishness - 'The American Public Don’t Know Jack
March 24th, 2008 3:28 PM
Do you think the federal government guaranteeing $29 billion in a loans for JP Morgan Chase to take over Bear Stearns is a good idea? It really doesn't matter what you think, according to CNBC's Jim Cramer. Cramer defended the move by the Fed from any potential public scrutiny on CNBC's March 24 "Squawk on the Street." "The American public don't know jack," Cramer said in response to a…
