CNBC: The Stage for Snake Oil Salemen

Discussion in 'Wall St. News' started by ByLoSellHi, May 11, 2009.

  1. CNBC has no remotely close rival in bringing on financial planners and brokers, whose very livelihoods and levels of compensation depends on getting more people to have faith that equity levels will rise, and who will then buy into stocks despite being so badly burned based on strategies of being 'investors in stocks, because stocks outperform all asset classes over time.'

    CNBC is a giant stage for Snake Oil Salesman. It would be more appropriate if it had a QVC look and feel to it.
     
  2. its also a great pump and dump oppertunity for guests.
     
  3. I almost forgot - Jeff Immelt and GE will loving free dollars from the taxpayer when they need them...

    Ba Da Ba Da Ba....GE's lovin' it.

    [​IMG]
     
  4. wjk

    wjk

    Mad Money.