Fox Business Ads Attack Cramer

Oct 15, 2008  •  Post A Comment

New promos for Fox Business Network criticize CNBC host Jim Cramer for providing poor investment advice, reports the New York Post, which like FBN is owned by Rupert Murdoch’s News Corp. “The last thing you need is bad advice . . . The last thing you need is CNBC’s Jim Cramer,” the spots say, highlighting Cramer’s suggestion viewers buy Wachovia stock before it tanked. A CNBC spokeman called the ads “a predictably desperate attempt by a completely irrelevant network.”
–Jon Lafayette

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