Skip to comments.Cramer Flip-Flops on Obama's Anti-Wall Street Rhetoric: 'The President has Become Pro-Shareholder'
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."
(Excerpt) Read more at newsbusters.org ...
Crammer is an idiot.
Didn’t say that. He’s just caving in to his fellow Liberals.
I knew where you were coming from.