MarketWatch: CNBC made itself an easy target for Jon Stewart

[marmar]

JON FRIEDMAN'S MEDIA WEB
CNBC made itself an easy target for Jon Stewart
Commentary: Rick Santelli's bizarre outburst was the tipping point

By Jon Friedman, MarketWatch


NEW YORK (MarketWatch) -- Memo to broadcast-news executives: Don't incur Jon Stewart's wrath.

Just ask CNBC.

On March 4, Stewart, the host of Comedy Central's "The Daily Show," skewered CNBC in a brilliant, hilarious segment. He captured the frailties of General Electric's business-news network in a montage of ill-fated predictions and miscalculations. The whole thing amounted to a laying bare of the general buffoonery that is CNBC at its worst.

Following Rick Santelli's outburst, CNBC has made the mistake of incurring Jon Stewart's wrath, according to MarketWatch's Jon Friedman. (March 9)Nobody on television is wittier than Stewart. In this instance, his inspiration was the now- infamous outburst by CNBC correspondent Rick Santelli. Reporting from a trading floor in Chicago, Santelli heatedly blasted President Barack Obama recently over his plan to ease the housing crisis. See 'Daily Show' clip here.

It should be noted that CNBC's image meisters also miscalculated. I suspect that if Santelli had followed through and appeared on "The Daily Show" -- during the segment, Stewart said Santelli had reneged on an agreement to show up -- "The Daily Show" might have gone easier on him and his employer.

No sympathy for the devil

But it's hard to muster much sympathy for CNBC. ...........(more)

The complete piece is at: http://www.marketwatch.com/news/story/CNBC-easy-target-Jon-Stewarts/story.aspx?guid=%7BEAB2CEB9%2D0F7A%2D444A%2DB131%2D4821D7C59315%7D

[KharmaTrain]

1. This Was Long Overdue

As always, leave it to Jon Stewart to strip away the corporate media bullshit and expose the media circuses and manipulation that goes on. Honestly, I wish he had gone further back into that network's sorrid history and shown how they also were big cheerleaders for Kenny Boy Lay and Bernie Ebbers...all the way back to Michael Milken. I don't call them Greed Central for nothing.

The scam Jon didn't hit on is how much of the "advise" and "experts" on this network are paid for. They buy time to get on and hawk their latest scam or of an "exclusive" interview with the "money honeys". It's long been a circus that deserved to have its bubble poked and hopefully this leads to more exposure of the games this network and GE play and how Greed Central has been used to manipulate stock prices...much the time at the expense of their trusting, gullible viewers.

One network that has been real quiet on this is MSNBC. You know that if this were the Faux business channel, KO would be ripping it to pieces. While he's picked on Sick Rantelli, does Keith have the cajones...or front office support...to dare take on the entire network?