For Immediate Release


Steve Rendall
Tel: 212-633-6700 x13

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:

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.


Dean Baker
Co-director of the Center for Economic Policy Research and author of
Plunder and Blunder: The Rise and Fall of the Bubble Economy

Lawrence Mishel
President, Economic Policy Institute

Doug Henwood
Economic journalist and author of Wall Street and After the New Economy

Eric Burns
President, Media Matters for America

Peter Hart
Activism Director, Fairness & Accuracy In Reporting (FAIR)

Linda Jue
Director, G.W. Williams Center for Independent Journalism, a project of the Tides Center

Tracy Van Slyke
Project Director, The Media Consortium

Don Hazen
Executive Director, Independent Media Institute

Robert Borosage & Roger Hickey
Co-Directors, Campaign for America's Future

Justin Ruben
Executive Director,

Markos Moulitsas

James Rucker
Executive Director,

Adam Green & Stephanie Taylor
Co-founders, Progressive Change Campaign Committee

Aaron Swartz
Co-creator, Reddit and RSS & Co-founder, Progressive Change Campaign Committee

Lawrence Lessig
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

Todd Gitlin
Professor of Journalism and Sociology, Chair, Ph.D. Program in Communications, Columbia University

Christopher Hayes
Washington Editor, The Nation

Eric Alterman
Professor of Journalism, Brooklyn College and CUNY Graduate School of
Journalism & Senior Fellow, Center for American Progress

Tom Geoghegan
Lawyer and author of Which Side Are You On? and other economic-related books

Heather Boushey
Senior Economist, Center for American Progress

Eileen Appelbaum
Professor and Director of the Center for Women and Work, Rutgers University

Sylvia Allegretto
Economist, Institute for Research on Labor & Employment, University of California, Berkeley

Chris Rabb
Founder/Chief Evangelist of & Demos fellow

Phillip Anderson
Founder, (New York Blog)

Ian Welsh
Economics blogger, former Managing Editor of

Rick Perlstein
Author of Nixonland and Before the Storm

Garlin Gilchrist II
Blogger at

John Amato

Joe Sudbay
Deputy Editor, AMERICAblog

Josh Silver
Executive Director, Free Press

For more information on CNBC's economic reporting, check out the FAIR blog archives.


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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.

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