Speaking at the 2009 Media Summit New York this morning, NBC Universal CEO Jeff Zucker called the Daily Show‘s criticism of Jim Cramer, CNBC, and the business media in general “absurd,” “unfair” and “out of line.” From The Hollywood Reporter:
Arguing that people can’t blame what happened on the business media, Zucker particularly defended CNBC as having done a “tremendous job.” Asked if Cramer would be able to go on the “Daily Show” again, Zucker said that would be up to Cramer.
He also defended the “Mad Money” host’s past calls, at least in a couple of key cases. “Jim Cramer was out in front,” once with a rant against the Fed and once when he said on “Today” six months ago that people should focus on cash, Zucker said.
At least he stands behind his people.