For Immediate Release
Tell CNBC: Hold Wall Street Accountable!
NEW YORK - Join FAIR and leading progressive bloggers and economists in demanding that CNBC practice responsible journalism. Will you please take a few moments to sign this open letter to CNBC?
Add your name at: http://fixcnbc.com/p-fair
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.
Co-director of the Center for Economic Policy Research and author of
Plunder and Blunder: The Rise and Fall of the Bubble Economy
President, Economic Policy Institute
Economic journalist and author of Wall Street and After the New Economy
President, Media Matters for America
Activism Director, Fairness & Accuracy In Reporting (FAIR)
Director, G.W. Williams Center for Independent Journalism, a project of the Tides Center
Tracy Van Slyke
Project Director, The Media Consortium
Executive Director, Independent Media Institute
Robert Borosage & Roger Hickey
Co-Directors, Campaign for America's Future
Executive Director, MoveOn.org
Executive Director, ColorOfChange.org
Adam Green & Stephanie Taylor
Co-founders, Progressive Change Campaign Committee
Co-creator, Reddit and RSS & Co-founder, Progressive Change Campaign Committee
Professor of Law, Stanford University & Co-founder of Change Congress
Robert W. McChesney and John Nichols
Authors, It's the Media, Stupid; Our Media, Not Theirs Tragedy &
Farce: How the American Media Sell Wars, Spin Elections, and Destroy
Professor of Journalism and Sociology, Chair, Ph.D. Program in Communications, Columbia University
Washington Editor, The Nation
Professor of Journalism, Brooklyn College and CUNY Graduate School of
Journalism & Senior Fellow, Center for American Progress
Lawyer and author of Which Side Are You On? and other economic-related books
Senior Economist, Center for American Progress
Professor and Director of the Center for Women and Work, Rutgers University
Economist, Institute for Research on Labor & Employment, University of California, Berkeley
Founder/Chief Evangelist of Afro-Netizen.com & Demos fellow
Founder, TheAlbanyProject.com (New York Blog)
Economics blogger, former Managing Editor of Firedoglake.com
Author of Nixonland and Before the Storm
Garlin Gilchrist II
Blogger at TheSuperSpade.com
Deputy Editor, AMERICAblog
Executive Director, Free Press
For more information on CNBC's economic reporting, check out the FAIR blog archives.
FAIR, the national media watch group, has been offering well-documented criticism of media bias and censorship since 1986. We work to invigorate the First Amendment by advocating for greater diversity in the press and by scrutinizing media practices that marginalize public interest, minority and dissenting viewpoints.