NEW YORK – Jeff Zucker, the chief executive of NBC Universal, is calling comedian Jon Stewart’s attacks on business network CNBC “incredibly unfair.”
At a media conference Wednesday in New York, Zucker said the “Daily Show” host’s recent rips on CNBC, its “Mad Money” host Jim Cramer and business media in general were “completely out of line.”
Stewart has had strong words for CNBC, making the point that reporters who cover Wall Street should have done more to warn of the financial meltdown through critical reporting, instead of acting like market cheerleaders.
Zucker says that while “everyone wants to find a scapegoat,” to suggest that the business media or CNBC was responsible for the economic meltdown is “absurd.”