What Happens When One Business-News Outlet Goes After Another

By Chris Ariens 

The Lost Remote newsletter brings you the the best in streaming news, from staffing changes to premiere dates to trailers—to the latest platform moves. Sign up today.

The Columbia Journalism Review takes a closer look at the “quiet but surprisingly fierce feud” between CNBC and Barron’s. It goes back to a Barron’s story in August that questioned Jim Cramer‘s stock picks during his Mad Money show.

The clash shows what happens when one business-news outlet goes after another: bad blood. In a recent interview with me, a visibly distraught Cramer displayed an emotional intensity entirely different from his ranting but comical on-air persona. “It was just so outrageous, so Kafkaesque,” he says of being a Barron’s target.

CNBC says it did not actually banish Barron’s, though it says its experience with the [Bill] Alpert piece left it questioning the magazine’s integrity and basic fairness.

CJR eporter Dean Starkman sums it up this way: “So, was CNBC wrong to throw Barron’s off the air? Actually, no. It’s its air. Did CNBC behave unprofessionally, as Barron’s contends? No — except to the extent that its own policies force it into disingenuous arguments about what is and isn’t a ‘pick.'”