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Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President has Become Pro-Shareholder'
NewsBusters ^ | March 24, 2009 | Jeff Poor

Posted on 03/24/2009 11:13:26 AM PDT by Rufus2007

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 Burnett. In a tone similar to the apologetic one he had earlier this month on Comedy Central's "The Daily Show," he complimented President Barack Obama's rhetoric toward high executive compensation.

"We have to put the shareholders somewhere in the equation," Cramer said. "When these CEOs make so much money, it hurts the shareholders. We have to be pro-shareholder. The president has become pro-shareholder."

..more (w/video)..

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: cnbc; erinburnett; jimcramer; nbc
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To: Rufus2007

Crammer is an idiot.


21 posted on 03/24/2009 11:46:03 AM PDT by Mad_Tom_Rackham (What did Obama's Teleprompter know, and when did it know it...)
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To: Niteranger68

Didn’t say that. He’s just caving in to his fellow Liberals.


22 posted on 03/24/2009 12:22:57 PM PDT by rightinthemiddle (I think we're gonna have another civil war.)
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To: rightinthemiddle

I knew where you were coming from.


23 posted on 03/24/2009 12:51:46 PM PDT by Niteranger68 (Barter Now! (Starve our socialist government))
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