• The Real Crisis in Health Care?
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    As the House gets ready to pass a "historic" bill on health care reform, let me introduce you to the real crisis in health care...
  • Jim Rogers on Chinese Currency and Trade War: My Thoughts
    asiablues
    03/20/2010 - 19:47
    My take on views expressed by Jim Rogers at a BBN interview on Mar. 18 about the recent currency and trade confrontation between the US and China, the Canadian loonie and the U.S. bond market.
  • Armstrong Economics: Entering Phase II of The Debt Crisis
    Chopshop
    03/20/2010 - 04:48
    Phinance's phavorite political prisoner, Martin Armstrong, cautions that "the EU is in dire position", on the precipice of shattering. Since "debts will never be paid and interest expenditures are the greatest transfer of wealth in history ... Western society is falling apart ... If we do not act, civil unrest will explode. The current choice is DEFAULT or HIGHER TAXES & CIVIL UNREST ... Someone has to step forward to save us or we may be doomed. It's time to wake up for this is the future of our children and their children at stake. "

CNBC Quotes Ben Bernanke

Tyler Durden's picture
Submitted by Tyler Durden on 08/17/2009 06:22 -0500



Gets it right...

h/t AB

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by Gilgamesh
on Mon, 08/17/2009 - 06:24
#38556

Ha, saw that and kept it on to see how long before it would be pulled.  Then they put some talking Weiner dog on...  Was good timing, because Mike Darda is on over at Bloomberg.

by Anonymous
on Mon, 08/17/2009 - 13:24
#38985

viewership went down, so they took left on Truth Street, going towards Fox Blvd.

by Cheeky Bastard
on Mon, 08/17/2009 - 06:28
#38557

HAHAHAHAHAHAHAHAHAHAH the only true thing  ever quoted on CNBC

by Eduardo
on Mon, 08/17/2009 - 06:57
#38575

yadda yadda yadda

by DRju
on Mon, 08/17/2009 - 16:22
#38831

and had no clue it would blow up until they were told on yet another morning conference call...

We just

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

by Cheeky Bastard
on Mon, 08/17/2009 - 07:02
#38580

Schwab to face ARS lawsuit. New York Attorney General Andrew Cuomo is expected to file suit against Charles Schwab (SCHW) as soon as today, alleging the firm engaged in civil fraud in the marketing and sale of auction-rate securities. Schwab continues to deny any wrongdoing and said Cuomo's "approach is inconsistent with the law, basic fairness, and common sense."

by Anonymous
on Mon, 08/17/2009 - 07:11
#38587

they told my mom it was just like a mmkt. I told her to undo that transaction and get her butt back into the treasury based mm.

now she's glad.

by Anonymous
on Mon, 08/17/2009 - 07:05
#38583

CNBC editors a bit punchy this Monday morning.

by Anonymous
on Mon, 08/17/2009 - 07:07
#38584

seriously?

by Chippewa Partners
on Mon, 08/17/2009 - 07:12
#38588

Schwab brokers are whores like the rest of the Street.   The conflicts abound.

Shoveling that crap out to unsuspecting investors deserves some face time with Mr. Cuomo's minions.

 

by Cheeky Bastard
on Mon, 08/17/2009 - 07:16
#38591

agree. Oh, and it would be smart not to use your real picture as avatar. 

by Sqworl
on Mon, 08/17/2009 - 07:19
#38596

BFD: They will pay a fine and continue to fleece America..In the meantime, where do investors get relief???

by Cheeky Bastard
on Mon, 08/17/2009 - 07:23
#38599

maybe not, maybe the powers in Washington told Cuomo to take some big fish down, because they feel the size of the outrage ( i dunno, im 6000 miles away ) that is brewing among common folks. i have a strange feeling ( based on 0 evidence ) that this would not end just with a fine. 

by deadhead
on Mon, 08/17/2009 - 08:03
#38625

you may be right cheeky....i'm in ny and cuomo is looking to move up big time.  he is following spitzer's script exactly and at this point i predict cuomo will beat patterson for the ny governor's spot.  it can only help cuomo to squeeze some real blood out of cheat street.

by Milton
on Mon, 08/17/2009 - 09:56
#38703

I doubt he's following Spitzer's script "exactly".

by Assetman
on Mon, 08/17/2009 - 11:24
#38811

You mean, that's not Ben Stein????

by Anonymous
on Mon, 08/17/2009 - 07:17
#38593

TD,

Heard an interview with you (ostensibly) on something called the Max Keiser show. Was it really you? Sounded like you had a slight accent. Are you the mad Russian who stole the Goldman code?

by Anonymous
on Mon, 08/17/2009 - 07:20
#38598

I have discovered Bloomberg Radio - perhaps ten times better than its TV counterparts including Bloomberg TV, CNBS and FOXBS with their pathetic offerings and even more pathetic anchors (with a few exceptions).

http://www.bloomberg.com/audioplayers/playr_owm.html?clipName=Bloomberg%20Live%20Radio&clip=http://www.bloomberg.com/streams/audio/radio_live.asx

by Gilgamesh
on Mon, 08/17/2009 - 09:54
#38701

Agreed.  Best for satellite radio; didn't know it was being simulcast until I flipped on Bloomy TV today and they were running it (maybe some error on their reg TV).

by Anonymous
on Mon, 08/17/2009 - 07:25
#38601

they're interviewing Abbey right now

"Abbey it's always great when we have you on, why do we get all the hate mail? what are the gloom and doomers getting wrong?"

response (abridged) - too short of a horizon and separately I'm not in a position to give advice to your listeners - we think the market is a stair case - in March all of our models said prices were 30% below fair value - we see 1050-1100 on the S&P in 2010

(I'm still waiting for her call of S&P 1,500 circa 2008)

by Sqworl
on Mon, 08/17/2009 - 07:27
#38602

Wow...Poor Chuck...If I were Chuck, I would fight back and disclose worse offenders, starting with the specialist and MM at Nasdaq.

Being that Chuck base is West...taking them down would cause unemployment to hit 20% in a burning state.

by Anonymous
on Mon, 08/17/2009 - 07:38
#38607

great post from Yves

Is This the Start of the Big One?

I don't believe in market calls, and trying to time turns is a perilous game. But most savvy people I know have been skeptical...

http://www.nakedcapitalism.com/2009/08/is-this-start-of-big-one.html

by D.O.D.
on Mon, 08/17/2009 - 08:09
#38631

Ohhh man NICE!

I was kickin' myself friday at the close for holdin onto my shorts... I'm fellin' pretty smart right now... huuu rah!

by Anonymous
on Mon, 08/17/2009 - 08:12
#38633

<>

Most brokers regurgitate what they are told by institutional sales or what they hear on morning conference calls... barely competent but over confident... series 7, 66, 31 doesn't teach you much that will help serve the clients' best interest... place my bet "most brokers/advisors didn't know what they were peddling" and had no clue it would blow up until they were told on yet another morning conference call...

by Shamwow
on Mon, 08/17/2009 - 11:29
#38819

I was fresh out of school and I recall sitting in for morning conference calls/research discussion and I was amazed at the kinds of questions being asked.  The brokers who were 'perky' were the ones who just didn't know anything and wanted to absorb it all, whereas the guys half asleep or staring at the ceiling only came for the donuts/pastries.

I came to learn that the most knowledgable brokers didn't bother with the meetings at all.

In my newbie eyes, something was wrong when the director of research was scared/undecided (when spoken to personally) yet kept offering overly bullish sentiment virtually every morning.

 

by DRju
on Mon, 08/17/2009 - 16:20
#38810

We did have a lock limit down morning in the futures on October 24th of 2008, but, no, not once the market opened that day.

We just

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

by Nolsgrad
on Tue, 08/18/2009 - 08:42
#39749

see if you can beat Heli-Ben

 

http://www.frbsf.org/education/activities/chairman/

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