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Old 03-07-2008, 01:56 PM   #21
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last few weeks MSNBC's sister network CNBC has reported some crazy things around 3pm on big down days and moved the market.

both are owned by GE which has a huge financial arm. for all you know they are tryingg to move the market so their traders can sell securities they don't want at higher prices
I'm not sure if you are serious about this but I'll assume you are.
Don't you think this type of manlipulation would get out once one person in the chain of info went to another network and outed them. Or at least they would have leaked it out to others? The people I know in the NBC news media don't like big companies.
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Old 03-07-2008, 02:01 PM   #22
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CNBC needs the financial industry to have a supply of guests to fill airtime

not sure why Charlie Gasparino did it and his day job is with the NY Times, but it was very bad reporting. in the end the Ambac bailout turned out to be them diluting existing shareholders.

but then again CNBC isn't exactly quality reporting. you know the market is turning around when every guest warns about risk and not to money in the market while it's shooting up 1% everyday on high volume from a correction. 2 months later the guests are telling people the market is safe to invest in now
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Old 03-07-2008, 02:04 PM   #23
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I disagree somewhat, MSNBC has caused more financial ruin than 100 Ponzi schemes.

Keep in mind all the ads Merrill and Scottrade and those guys run is to help pay for Maria's wardrobe and makeup, and the buckets of towels needed to clean up Jim Cramer spit............
This is really mean but I will never forget the Maria days bouncing around on the floor of the exchange during the tech bubble, giggling about another tech stock soaring for the day. Sometime her hair looked like she just got up and her sniffling looked like she was trying to make the most of the coke from the party the night before. Now they bring her on the Nightly News as the big time Financial Expert. It does make me sick, when I see her coming on, I change the channel. Sorry for the rant.
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Old 03-07-2008, 02:19 PM   #24
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if you think that is bad,

Insana Capital Partners
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Old 03-07-2008, 02:22 PM   #25
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if you think that is bad,

Insana Capital Partners

That is bad, yeah, I'll give him my money.
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Old 03-07-2008, 02:23 PM   #26
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It does make me sick, when I see her coming on, I change the channel. Sorry for the rant.
She's kind of cute tho.
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Old 03-07-2008, 02:23 PM   #27
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Recession? Who cares? Do I still get my retirement check every month? Check. Do I get an annual 100% COLA? Check. All my bills paid? Check. Am I still healthy enough to go for a walk, pour a glass of wine, get laid, go fishing? Check.

My little part of the world is doing fine.
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Old 03-07-2008, 02:26 PM   #28
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She's kind of cute tho.
I can give her that. However, with a brain like that, she should be blond.
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Old 03-07-2008, 02:43 PM   #29
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Do I still get an annual 100% COLA? Check.
Agreed, but remember MOST Americans do not have a 100% COLA pension..........
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Old 03-07-2008, 02:53 PM   #30
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I disagree somewhat, MSNBC has caused more financial ruin than 100 Ponzi schemes.

Keep in mind all the ads Merrill and Scottrade and those guys run is to help pay for Maria's wardrobe and makeup, and the buckets of towels needed to clean up Jim Cramer spit............
Actually we probably do agree. I didn't clearly articulate sufficient sarcasm and disdain for what they do. Their revenue stream is in advertizing dollars. The more they promote buy... no sell... no buy more... no sell everything the more the average investor looses and the financial industry gains.

DD
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Old 03-07-2008, 02:58 PM   #31
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That is bad, yeah, I'll give him my money.
had to check that out when they called him a contributor around a month ago. at first i thought he was fired
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Old 03-07-2008, 03:25 PM   #32
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I put MSNBC on sometimes for background noise and pay a little attention to what's on. (But I'm strictly a non-timing indexer with an asset allocation plan, so nothing I see/hear there has any effect on my behavior.) I had it on about a half an hour ago and it was crazy all the talk about the Dow closing below 12K (at 11,990 or thereabouts.) As if the 1K increments in the Dow mean anything. (Actually, if the Dow itself means anything. The S&P 500 and Wilshire 5000 are much more accurate indexes of market performance.)
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Old 03-07-2008, 04:39 PM   #33
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The two that I find the most annoying are Kudlow and Kernen.
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Old 03-07-2008, 05:00 PM   #34
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Old 03-07-2008, 05:01 PM   #35
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MSNBC and it ilk are in the entertainment business
No they are not.

They are in the advertising business,which is not the entertainment business. Newspapers, magazines, radio programs, internet sites are ALL in the advertising business. But, you probably already knew this fact.
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Old 03-07-2008, 05:33 PM   #36
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Keep in mind all the ads Merrill and Scottrade and those guys run is to help pay for Maria's wardrobe and makeup, and the buckets of towels needed to clean up Jim Cramer spit............
First you get me thinking about Maria, then you ruin it with Cramers's spit! Maria's spit I could deal withbut let's leave cramer out of this.

Ha
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Old 03-07-2008, 06:49 PM   #37
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I prefer Erin over Maria.
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Old 03-08-2008, 01:49 PM   #38
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Personally, I find many permabulls and permabears quite annoying in their incessant spin and attempts to steer the market. The market should be left to do what it's going to do, without excessive pump-and-dump cheerleading from some salesmen or the constant apocalypse-mongering we're currently seeing on the financial porn shows on TV.
Finance and porn on the same show? I wanna know what channel you're watching!
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Old 03-08-2008, 02:25 PM   #39
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I prefer Erin over Maria.
I think Becky is the "cutest", but Michelle gets my vote...

What were we talking about?
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Old 03-08-2008, 02:44 PM   #40
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However, with a brain like that, she should be blond.
Or maybe a perfect date?
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