Even CEOs couldn't predict crisis, let alone analysts covering them
(NEWSER) - Jon Stewart’s pantsing of Jim Cramer was nothing but a “cheap shot,” writes Richard Cohen in the Washington Post. CNBC’s crew wasn’t covering up the impending crisis, and neither were the CEOs they interviewed. Many, including head honchos at AIG, Lehman Brothers, and Citigroup, lost fortunes investing in their companies. If they didn’t realize the stocks were doomed, “how was even Jim Cramer to know?” More»