CNBC shows its colors

Discussion in 'Wall St. News' started by rickf, Jul 18, 2007.

  1. 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.

     
    #51     Sep 20, 2007
  2. 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 shows—most notably, Mad Money With Jim Cramer.

    Still, doubts persist about CNBC’s 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 brass’ ability to create hits.

    “The general feeling is that Fox will crush CNBC,” one pessimistic CNBC staffer told NYTV. “Politics aside, Ailes is worshiped. The leadership here is in total denial.”

    http://www.nyobserver.com/2007/roger-and-me-some-cnbc-staffers-are-pining-ailes
     
    #52     Sep 20, 2007
  3. =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.
     
    #53     Sep 20, 2007
  4. Thanks, I missed it.

    Don
     
    #54     Sep 20, 2007
  5. 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.
     
    #55     Sep 20, 2007
  6. 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.

     
    #56     Sep 20, 2007
  7. cstfx

    cstfx

    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!
     
    #57     Sep 20, 2007
  8. Other than Cramer and Fast Money, CNBC is really struggling to come up with a hit show.
     
    #58     Sep 20, 2007
  9. DaveCT

    DaveCT


    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
     
    #59     Sep 25, 2007
  10. I forced her out of my bed... :D
     
    #60     Sep 25, 2007