The Daily Show” interviewed CNBC’s “Mad Money” host Jim Cramer about his role in the financial crisis gripping the nation at that time.
In March 2009, Jon Stewart of Comedy Central’s “The Daily Show” interviewed CNBC’s “Mad Money” host Jim Cramer about his role in the financial crisis gripping the nation at that time. In the interview, Stewart claims that the financial news industry has certain ethical responsibilities to the viewing public, which Cramer and his colleagues violated. Read this article Download article about the interview, or watch the interview here.
In a 3-4 page paper, please provide evidence-based responses to the following five questions:
What were Jim Cramer’s ethical responsibilities as a financial news reporter?
Did Cramer and his colleagues at CNBC and other financial news outlets violate those ethical responsibilities?
Did Cramer and his colleagues violate the public’s trust?
Which of the six dimensions of trust might be applicable to this situation? (See Week 2: Lecture – What is Trust?)
What could Cramer and his colleagues have done differently to avoid criticism? Support for your position on these questions should come from course lectures and readings as well as other relevant external resources.
Your paper should be 3-4 pages in length, double-spaced, and formatted in either APA or MLA style. Your paper should be written in essay form.