At the beginning of the July 24 edition of Fast Money, CNBC aired an exclusive interview of President Obama by the network's Steve Liesman focused primarily on taxes and tax reform, particularly the president's call to prevent large corporations from capitalizing on an inversion to lessen their federal tax bite.
But after the interview was aired, CNBC panelists excoriated the president as "duplicitous" and "disingenuous" for pretending like he has no share in the blame for a lack of movement on tax reform during his tenure in office and for offering an inaccurate, misleading description of what exactly happens to a U.S. corporation's tax obligations after it undergoes an inversion.