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CNBC Quotes Ben Bernanke

Tyler Durden's picture




 

Gets it right...

h/t AB

 

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Mon, 08/17/2009 - 07:24 | 38556 Gilgamesh
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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.

Mon, 08/17/2009 - 14:24 | 38985 Anonymous
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viewership went down, so they took left on Truth Street, going towards Fox Blvd.

Mon, 08/17/2009 - 07:28 | 38557 Cheeky Bastard
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HAHAHAHAHAHAHAHAHAHAH the only true thing  ever quoted on CNBC

Mon, 08/17/2009 - 07:57 | 38575 Eduardo
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yadda yadda yadda

Mon, 08/17/2009 - 17:22 | 38831 DRju
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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

Mon, 08/17/2009 - 08:02 | 38580 Cheeky Bastard
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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."

Mon, 08/17/2009 - 08:11 | 38587 Anonymous
Anonymous's picture

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.

Mon, 08/17/2009 - 08:05 | 38583 Anonymous
Anonymous's picture

CNBC editors a bit punchy this Monday morning.

Mon, 08/17/2009 - 08:07 | 38584 Anonymous
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seriously?

Mon, 08/17/2009 - 08:12 | 38588 Chippewa Partners
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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.

 

Mon, 08/17/2009 - 08:16 | 38591 Cheeky Bastard
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agree. Oh, and it would be smart not to use your real picture as avatar. 

Mon, 08/17/2009 - 08:19 | 38596 Sqworl
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BFD: They will pay a fine and continue to fleece America..In the meantime, where do investors get relief???

Mon, 08/17/2009 - 08:23 | 38599 Cheeky Bastard
Cheeky Bastard's picture

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. 

Mon, 08/17/2009 - 09:03 | 38625 deadhead
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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.

Mon, 08/17/2009 - 10:56 | 38703 Milton
Milton's picture

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

Mon, 08/17/2009 - 12:24 | 38811 Assetman
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You mean, that's not Ben Stein????

Mon, 08/17/2009 - 08:17 | 38593 Anonymous
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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?

Mon, 08/17/2009 - 08:20 | 38598 Anonymous
Anonymous's picture

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%...

Mon, 08/17/2009 - 10:54 | 38701 Gilgamesh
Gilgamesh's picture

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).

Mon, 08/17/2009 - 08:25 | 38601 Anonymous
Anonymous's picture

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)

Mon, 08/17/2009 - 08:27 | 38602 Sqworl
Sqworl's picture

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.

Mon, 08/17/2009 - 08:38 | 38607 Anonymous
Anonymous's picture

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

Mon, 08/17/2009 - 09:09 | 38631 D.O.D.
D.O.D.'s picture

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!

Mon, 08/17/2009 - 09:12 | 38633 Anonymous
Anonymous's picture

<>

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...

Mon, 08/17/2009 - 12:29 | 38819 Shamwow
Shamwow's picture

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.

 

Mon, 08/17/2009 - 17:20 | 38810 DRju
DRju's picture

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

Tue, 08/18/2009 - 09:42 | 39749 Nolsgrad
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see if you can beat Heli-Ben

 

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

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