Bush is out of office. Obama versus Palin is long over. I wondered what Jon Stewart would be zooming in on next in his Daily Show. The answer : money; crooked money; mad money and the role the "analysts", "financial experts" and financial news shows played in the hype.
If there is anything I learned from the dotcom bust, it is how venture capitalists and investment banks shared the same bed. Similarly check how many were sharing a bed in the housing bust.
Thus Stewart went on a mission to critique the financial news channels and found a great poster child in loud mouth Jim Cramer, who hosts the Mad Money show on CNBC.
No comments:
Post a Comment