By BRIAN STELTER and TIM ARANGO, The New York Times
Was last week the worst one in CNBC’s 20-year history — or the best?
The financial news network, a unit of NBC Universal, was savaged by “The Daily Show” in a viral video sensation. It was criticized for being too cozy with the corporations it covers. One of its stars, Jim Cramer, was ridiculed by the White House press secretary. And one of its reporters faced a new round of criticism for an on-air outburst about mortgage “losers.”
All the while, CNBC covered the incessant downward slide of the economy with special reports on particularly bad days for the markets. Mr. Cramer, the host of “Mad Money,” barely had time for his usual shuffleboard games at the Elk’s Lodge near his home.
The lodge “is a booyah-free zone,” he said, using his trademark exclamation. “I was not able to get away from the booyahs this week.”
Photo Credit: CNBC (Creative Commons)