Oil: The Return of Hype—and High PricesEd Wallace
When Jon Stewart took CNBC's Jim Cramer to task in March over numerous bad calls on the state of the economy and certain unfortunate stock picks, that wasn't the first time I had heard Cramer's type of apology and answer. No, that came in an NPR interview with Kai Ryssdal of Marketplace. The radio host was asked how the business media had gotten so many things wrong about what has happened to America's financial system and why the best on the beat had missed so many obvious warning signs. Ryssdal replied: "We've got to do a better job connecting the dots."
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