FLASHBACK: CNBC is the Rumor Mill Empire of the World

In response to Jim Cramer’s attack on blogs this morning, besmirching their information as rumor mill, I wanted to remind people that of the unassailable fact that CNBC is the most irresponsible and destructive news outlet in the world, more so than Fox news. From Cramer’s Bear Stearn’s rumors to Liesman’s EFSF rumors to Gasparino’s unbelievable daily Ambac rumors, they are the worst offenders.

 

Shame on the house of CNBC

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