Dear CNBC —
“You knew what the banks were doing, and yet were touting it for months and months. The entire network was.” — Jon Stewart
These now-legendary words were a wake-up call. We’re asking you to wake up.
Americans need CNBC to do strong, watchdog journalism – asking tough questions to Wall Street, debunking lies, and reporting the truth. Instead, CNBC has done PR for Wall Street. You’ve been so obsessed with getting “access” to failed CEOs that you willfully passed on misinformation to the public for years, helping to get us into the economic crisis we face today.
You screwed up badly. Don’t apologize – fix it!
CNBC should publicly declare that its new overriding mission will be responsible journalism that holds Wall Street accountable. As a down payment, we ask you to hire some new economic voices – people who have a track record of being right about the economic crisis and holding Wall Street executives’ feet to the fire.
Please show us that you hear our voices loud and clear.
Sincerely,
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