Oh Kudlow is sure to go at some point. In fact I'm surprised he hasn't gone yet. That being said I'm actually looking forward to seeing how Roger Ailes mixes his brand of soft-core porn with soft-minded business reporting. Should be fun to watch in a MTV Cribs sorta way.
In preparing for the challenge from FBN, CNBC has recently improved its on-air graphics, beefed up its online presence and cultivated a number of hit personality and talk showsâmost notably, Mad Money With Jim Cramer. Still, doubts persist about CNBCâs programming strategy. Not long ago, in an apparent attempt to break new ground, the network aired a game show of sorts: Fast Money MBA Challenge, in which teams of business-school students square off in Jeopardy-style competitions. But ratings were lackluster and did little to inspire much faith in the network brassâ ability to create hits. âThe general feeling is that Fox will crush CNBC,â one pessimistic CNBC staffer told NYTV. âPolitics aside, Ailes is worshiped. The leadership here is in total denial.â http://www.nyobserver.com/2007/roger-and-me-some-cnbc-staffers-are-pining-ailes
=WSJ:5 Ex-Workers At Brokerage Firms To Face Criminal Charges By Paul Davies Of THE WALL STREET JOURNAL NEW YORK (Dow Jones)--Five former employees at several Wall Street brokerage firms are expected to be face criminal charges in Brooklyn later Thursday in connection with alleged abusive stock-lending practices, according to people familiar with the matter. Federal Bureau of Investigation agents arrested the five individuals early Thursday morning. They are expected to be arraigned in federal court in Brooklyn. The U.S. Attorney in the Eastern District of New York is expected to charge the individuals in connection with alleged bribes and kickbacks stemming from a stock-loan scheme, according to people familiar with the matter. The Securities and Exchange Commission is expected to file civil charges as well. The charges cap a years-long investigation into the alleged abusive lending practices at Janney Montgomery Scott LLC, Morgan Stanley (MS), Van der Moolen, and other financial institutions. (This story and related background material will be available on The Wall Street Journal Web site, WSJ.com.) Charles A. Ross, a defense attorney for Andrew Caccioppoli, formerly of Janney Montgomery, confirmed that his client was arrested Thursday morning and said he plans to plead not guilty and fight the charges. The $10 billion stock-lending business has operated largely unnoticed for years. Its growth is associated with the increase in short selling, a trading strategy that requires borrowing securities. The investigation has centered on conduct involving mostly lower-level employees across Wall Street and related to the use of "finders," or firms that act as intermediaries and assist borrowers and lenders in locating stock to borrow, these people said. The types of alleged schemes that authorities are investigating vary. Under one such alleged scheme, an individual at a brokerage would divert money to a family member at a finder shop, a way to artificially inflate the cost of borrowing. Under another alleged scheme, loans were being passed through several firms or intermediaries without any purpose other than to drive up the cost of borrowing the stock, these people said. Some individuals have reached settlements with the SEC and have pleaded guilty to criminal charges, these people said. In its settlement with the NYSE, Janney Montgomery Scott agreed to pay $2.5 million to settle related charges over allegations that it failed to supervise its stock-loan desk in connection with improper stock-loan transactions. -By Paul Davies, The Wall Street Journal; 212-416-4968 (END) Dow Jones Newswires 20-09-07 1522GMT Copyright (c) 2007 Dow Jones & Company, Inc. Plus, there was an SEC civil action vs. 38 on the same rap.
When Fox goes live, Claman will be there. I think you'll see some other CNBC personalities will come over. Plus, some of the women from Fox News will be there too. It would hilarious if one of the big CNBC personalities jumps ship. Was still amazing that Claman was forced out.
Why do you say that Clayman was forced out? I find that hard to believe since her sweater puppies were such a huge eyeball draw in the morning.
Don't want to start a new thread for these morons, but... On Thurs "Fast Money" with DR, he's spouting that the Gulf States have 1.5 Trillion dollars in investment capital, that's 15,000 billion dollars!!!!!!! F'n morons!
Why are you spreading bad info? Liz wasn't forced out. She jumped ship. http://www.mediabistro.com/tvnewser...nbc_90day_noncompete_ends_on_oct_15_63411.asp She was also spotted at Fox recently http://www.portfolio.com/views/blogs/mixed-media/2007/09/12/fox-business-fishes-in-cnbc-talent-pool