Bartiromo has been accused at times of being too cozy with the financial giants she interviews – a charge that has also been leveled more generally at CNBC and at TV financial news shows. A column in the New York Post, a corporate sibling of the rival Fox Business Network, insinuates that Bartiromo only got the interview because she shares a publicity agent with Thain. If so, Thain was mistaken if he thought this appearance would buff his image.
But, Folkenflik figures, in this interview, “She strips him bare.” He does a line-by-line through the transcript and concludes: “This wasn’t great investigative journalism. But it was a nice example of a television journalist simply doing her job.”
> Update: Jim Cramer comes to Erin Burnett’s defense: “The bozo who attacked you clearly didn’t understand or didn’t watch or I don’t know what he did. But the attack was unwarranted.” More after the jump…
This afternoon on Street Signs…
CRAMER: THIS IS A BLOG THAT ATTACKED OUR OWN ERIN IN A WAY THAT I THOUGHT WAS VERY INJUDICIOUS…TRIED TO GET YOU TO BE THE SPOKESPERSON FOR BANKERS WHICH WAS COMPLETELY UNTRUE CAUSE I SAW THE PRESENTATION YOU JUST EXPLAINED IT. YOU DIDN’T SAY IT WAS RIGHT YOU EXPLAINED IT
BURNETT: NO. BUT THAT CERTAINLY WASN’T WHAT THEY ALLEGED WITHOUT ASKING FOR MY COMMENT
CRAMER: WELL I WAS FURIOUS ABOUT THAT I THOUGHT YOU TOLD IT LIKE THE ONLY PERSON WHO TOLD IT HOW IT WORKS YOU DIDN’T SAY I AM SO THRILLED IT WORKS THAT WAY THIS IS THE BONUS SYSTEM ON WALL STREET BUT THE BOZO WHO ATTACKED YOU CLEARLY DIDN’T UNDERSTAND OR DIDN’T WATCH OR I DON’T KNOW WHAT HE DID BUT THE ATTACK WAS UNWARRANTED
BURNETT: I APPRECIATE THAT JIM THANK YOU
- Billionaires Carl Icahn and Bill Ackman Bury the Hatchet
- CNBC Announces Fall Primetime Lineup; 'Shark Tank' Upped to Nightly
- Rick Santelli: 'We're America! We Don't Believe in Consensus! We Set the Consensus!'
- Barry Diller on Aereo: 'It's Over'