Americans need CNBC to do strong, watchdog journalism – asking tough questions to Wall Street, debunking lies, and reporting the truth. Instead, CNBC has done PR for Wall Street. You’ve been so obsessed with getting “access” to failed CEOs that you willfully passed on misinformation to the public for years, helping to get us into the economic crisis we face today.You screwed up badly. Don’t apologize – fix it!
CNBC should publicly declare that its new overriding mission will be responsible journalism that holds Wall Street accountable. As a down payment, we ask you to hire some new economic voices – people who have a track record of being right about the economic crisis and holding Wall Street executives’ feet to the fire.
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Windmills Tilted, Scared Cows Butchered, Lies Skewered on the Lance of Reality ... or something to that effect.
Monday, March 16, 2009
CNBC: Hold Wall Street accountable!
Aaron over at aaronsw.com says, "Did you see Jon Stewart's smackdown of Jim Cramer last week? Today, some friends and I are launching an 'Open Letter to CNBC' with dozens of respected economists, journalists, and progressive political leaders demanding that CNBC start holding Wall Street accountable, starting by hiring someone who was actually right about the economic crisis. We're trying to get everyone we can to sign on. When 5,000 people sign the open letter, we'll deliver it to CNBC's headquarters. Will you sign?"
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