FixCNBC.org delivered over 20,000 petitions to the network, demanding it hire at least one person who was right about forecasting the economic crisis. And Time Warner Cable’s new metered pricing scheme for its broadband service is getting a poor reception from customers, politicians and municipal managers.
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FixCNBC.org delivered over 20,000 petitions to the network, demanding it hire at least one person who was right about forecasting the economic crisis. And Time Warner Cable’s new metered pricing scheme for its broadband service is getting a poor reception from customers, politicians and municipal managers.
Transcript
Media Minutes
Show Date: 4-10-09
Producers: Stevie Converse and Candace Clement
TRANSCRIPT
A Public Call to Fix CNBC
When Jon Stewart of Comedy Central’s The Daily Show called out CNBC pundit Jim Cramer for touting stocks and tossing out softball questions to CEOs as the economy tanked and millions of jobs were lost, it was a cathartic experience for many viewers.
But for Aaron Swartz and Adam Green, it was a catalyst for a campaign to encourage CNBC to stop doing public relations for Wall Street and start being an aggressive watchdog for the financial system. Aaron Swartz explains:
Swartz (:18) – Well, the first thing we did was try and come up with an achievable goal. You know, something that would seem reasonable to the average person. So we decided that what we should do is try and demand that CNBC hire someone who was right about the economic crisis and try and focus...
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