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Breaking News

Jussie Smollett’s conviction for racist, homophobic attack hoax tossed in stunning reversal
Business

CRAMER COUNTERATTACK

By
Holly Ware
Published Oct. 16, 2008, 8:42 a.m. ET

Cable news channel CNBC is airing a new spot boosting “Mad Money” host Jim Cramer after rival Fox Business Network ran ads attacking his credibility.

The CNBC ad – with the tagline “In Cramer We Trust” – draws on a monologue from a recent show in which he weighed in on the government’s bank bailout: “Bottom line: The new plan does not save the market. It just takes another Great Depression off the table.”

Last week, Fox Business started running ads taking Cramer to task for some of his investment calls. One spot appeared on CNBC after Fox bought slots in local markets from cable operators rather than buying national time from CNBC.

Fox Business is part of News Corp., which also owns The Post.