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Pastimes : CNBC -- critique.
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To: Thomas M. who wrote (5266)4/12/2000 6:18:00 PM
From: opalapril  Read Replies (2) of 17683
 
Two choice excerpts:

"never before has Wall Street raised expectations quite so high--and never before have the media joined in quite so willingly as cheerleaders and stock-pushers.
* * *
Catering to traders, amateurs, and pros alike has long been CNBC's raison d'etre. 'It's inherent in CNBC's business model that they're short-term-trading-oriented, since what they provide is current or short-term news events and analysis,' says Yale's Shiller."

businessweek.com
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