What is the correct role of a media channel in a democratic society? Are the media there to police society’s institutions and hold them accountable based on their own biases and political agendas? Or...

What is the correct role of a media channel in a democratic society? Are the media there to police society’s institutions and hold them accountable based on their own biases and political agendas? Or are they there to report the news objectively without taking sides? From what you know of CNBC, did they perform well or badly in terms of reporting before, during, and after the 2007–2009 financial crisis?