The following memo blew down Avenue of the Americas and got caught under my foot on the way into Del Frisco’s Steakhouse. All Fox Business Network Personnel: While reports have been circulating around the World Wide Web that journalist Charles Gasparino will be leaving CNBC to join our Fair and Balanced family here at Fox…
CNBC
Journalists with Questionable Endorsement Deals
Fox News “journalist” Glenn Beck has recently come under fire for his endorsement of Goldline, a seller of gold bars and coins. Not only does he do live commercials for Goldline, he has also been telling his viewers to buy gold to protect themselves from the government’s policies. Beck is not the only on-air news…
Memo: Changes at CNBC Following Comcast Merger
—–Original Message—– From: CNBC Corporate Communications [mailto: all] Sent: Thursday, December 03, 2009 7:32 AM To: All Subject: Exciting Synergy Opportunities With Comcast Greetings Gang, By now, I’m sure you’ve all heard that our parent company’s flirtation with Comcast has moved past the necking phase and we’ve now agreed to go all the way. I…
A Rational Objection to the Trader Tax from Eric Jackson
Traders around the country are erupting in furor over Jim Cramer’s unfortunate comments in support of the proposed Trader Tax. Speaking on CNBC in his regular shoot-from-the-hip slot, Cramer basically said what amounted to “why not?” when asked about the Democrats’ backward idea to extract a percentage of every transaction on the markets. I read…
Doug Kass on Fast Money
My fave pundit Doug Kass appeared on CNBC’s Fast Money last night and contrary to my expectations, they actually slowed it down enough to let him get some good points across. Nicely done, guys. [vodpod id=ExternalVideo.889076&w=425&h=350&fv=] a>”
A Whole Episode of Fast Money in One Sentence
CNBC’s Fast Money program is definitely entertaining, and if there are no syndicated reruns of Diff’rent Strokes on, I will occasionally tune in. My fave pundit Doug Kass will be on this evening and, I assume, he will try his best to keep up with the frenetic pace of the banter. If he doesn’t, they may…
CNBC's Most Annoying Commercials 3
And the never-ending commercial loop continues…same repetition, new set of 30 seconds spots to drive us crazy. CNBC is the soundtrack of my workday, for better or worse, while I’m at my trading turret. I’m OK with the network itself, but their habit of running the same 7 or 8 ads all day long, again…
Hot Links: Under the Microscope
Stuff I’m Reading this Morning… Passport Capital makes the case for the agriculture investment theme. (MarketFolly) The unsinkable Whitney Tilson on housing’s non-bottom. (TechTicker) Like the rich kid paying off bullies in school, Goldman is set to give a big charitable donation to deflect our attention from $23 billion in bonuses. Andrew Ross Sorkin has…
Dennis Kneale: A Cautionary Tale for the Mainstream Media
“Never pick a fight with someone who buys ink by the gigabyte.” -Joshua M Brown, September 2009 If you’re going to be on financial television, you’ve got to be one of two things: 1. An attractive, friendly personality with good interviewing skills or 2. Someone who has a good understanding of the issues and subject…
Giving Cramer Credit For His Citigroup Call
I know, I know…Cramer‘s picks underperform the market and Cramer’s hedge fund performance performance was all from IPO’s and Cramer makes out with Lenny Dykstra and blah blah blah. I don’t have time to do a whole Defending Cramer piece right now and I’m not interested in having this post turned into a warzone for…
