CNBC Under Fire: Sticking Up for the Big Guy?

In the new bizarro world of TV's business channel, élites are populists and the big guy is the little guy

Gary Gershoff / WireImage / Getty

Jim Cramer

On the March 9 edition of CNBC's Squawk Box, Becky Quick was interviewing Berkshire Hathaway CEO Warren Buffett when the Oracle of Omaha expressed support for the Obama Administration's mortgage bailout. "Becky," co-host Joe Kernen broke in, "tell Warren you're mad that you've done all the right things and all these other people are going to get bailed out." Buffett replied, "There's nothing wrong with being mad, Joe. It's just that there are times when you're mad about something that you've got to overcome the emotion."

That is why Buffett is not in the cable-news business. For as...

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