This week, The Daily Show continued it’s parade of second-rate talent since A-list talent (rightfully) won’t cross a picket line to appear on the show. CNN’s personal finance editor Gerri Willis was on to: “decipher the gibberish that can be heard on other financial programs.” But she was the one spitting gibberish. After reviewing a CNBC Fast Money clip where the trader/correspondent said: “The Dow opened down 500 points, this was a great opportunity to cover those shorts and take a shot on the long side,” she said that was gibberish and Jon Stewart didn’t challenge her [video below]. To borrow a Bill Clinton-to-the-media comment from the week: Shame on you Jon Stewart.
The Basis Point is a mortgage and housing blog for consumers. It's run by Julian Hebron, a mortgage banker in San Francisco serving retail borrowers, realtors, developers, and financial advisors. More...
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