• Leo Kolivakis
    03/19/2010 - 17:00
    Europe faces a commercial property debt timebomb with almost €1 trillion (£896bn) outstanding from the sector and a quarter of that potentially distressed. The UK accounts for 34% of the €970bn total, with Germany second with 24%. Not to worry, global pension funds are busy snapping up properties but do they really know how long it will be before this crisis blows over? And what if it gets a lot worse before it gets better? Are pensions prepared to deal with those losses?
  • Reggie Middleton
    03/19/2010 - 10:03
    As I warned in my Pan-European Sovereign Debt Crisis series and amid a depression, this Eastern European government has collapsed. Western European countries (and their banks) have material claims within this country, and when combined with pressure from the PIIGS, may be the ones that set off the financial/economic contagion daisy chain. It is difficult to determine who sets it off, which is why it is best to attempt to determine the path of the contagion instead...

Sale Process Of NBC Universal To Comcast Confirmed By CNBC

Tyler Durden's picture




Developing story: David Faber reports Comcast would end up owning 51% of NBC Universal. Ironically, this may finally make CNBC somewhat objective. More importantly, over/under on Dennis Kneale contract extension?

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Your rating: None



by Anonymous
on Thu, 10/01/2009 - 12:18
#85377

keep dreaming

by Anonymous
on Thu, 10/01/2009 - 12:20
#85378

I was kind of enjoying whupping up on CNBC for the last few years. I think I'd prefer it if they went more slanted instead of more objective, at least at this point in our hilarious national degradation.

P.S. I love you captcha: (-16) minus 63 equals -79, right? Oh no, you say? Ok I guess I'm wrong. Sorry captcha, thanks for keeping me honest.

by Anonymous
on Thu, 10/01/2009 - 12:20
#85380

Kneal!!!!! I'll hire him to dance for me and shoot at his feet.

by mule65
on Thu, 10/01/2009 - 12:23
#85382

What's wrong?  In a nutshell:

Schwing files for bankruptcy

by etrader
on Thu, 10/01/2009 - 12:23
#85383

Expect more Prime time Mandy Drury then :-)

by Screwball
on Thu, 10/01/2009 - 12:24
#85384

They should keep Beaker and make him a janitor.  He can clean up the crap the rest of them spew.

by MyKillK
on Thu, 10/01/2009 - 12:25
#85385

Is GE going to own the other 49%?

by Anonymous
on Thu, 10/01/2009 - 12:26
#85386

reminds me of AOL/TIME....hate con-cast

by Anonymous
on Thu, 10/01/2009 - 12:33
#85394

Ha! Forrest Gump will be Valedictorian before CNBC is "objective".

by Green Sharts
on Thu, 10/01/2009 - 12:38
#85398

Why would anybody expect Comcast to change CNBC for the better?

http://en.wikipedia.org/wiki/Comcast

 

Reputation for poor customer satisfaction

There have been many reported incidents with individual customers describing less than satisfying interactions with Comcast's customer services. These include situations with a technician falling asleep on the job,[44] customers having to spend hours on the phone to fix simple problems, and sending a bill addressed to "Bitch Dog" to a customer who had recently complained about her service.[45] On October 15, 2007, a 75-year old Comcast customer named Mona Shaw entered her local Comcast offices with a hammer and destroyed some office equipment before being arrested and fined for damages. Mrs. Shaw was angry and frustrated due to a previous encounter with Comcast customer service in which she and her husband wanted to speak with the manager and were forced to wait outside the offices for two hours before being informed that the manager had already gone home.[46][47] Comcast's customer service quality has prompted several individuals to create blogs and websites dedicated to informing the public of Comcast's service, including one run by media columnist Bob Garfield.[48]

In 2004 and 2007, the American Customer Satisfaction Index survey found that Comcast had the worst customer satisfaction rating of any company or government agency in the country, including the Internal Revenue Service.[49] Comcast's Customer Service Rating by the ACSI surveys indicate that the company's customer service has not improved since the surveys began in 2001. Analysis of the surveys states that "Comcast is one of the lowest scoring companies in ACSI. As its customer satisfaction eroded by 7% over the past year, revenue increased by 12%." The ACSI analysis also addresses this contradiction, stating that "Such pricing power usually comes with some level of monopoly protection and most cable companies have little competition at the local level. This also means that a cable company can do well financially even though its customers are not particularly satisfied."[50][51]

by Hephasteus
on Thu, 10/01/2009 - 14:22
#85545

If they go mind control via cable TV you can bet you LAST dollar that Comcast will do it. They are THAT EVIL.

by Anonymous
on Thu, 10/01/2009 - 16:30
#85756

+1

by TenDollarTommy
on Thu, 10/01/2009 - 12:41
#85399

Ha! Forrest gump will be Valedictorian before CNBC is objective. They do still have Kudlow and those complete ninnies on at lunch time, don't they ?

by jm
on Thu, 10/01/2009 - 12:42
#85401

Maybe now people will begin to appreciate the finer qualities of Dierdre Bolton and Betty Liu.

 

by chunkylover42
on Thu, 10/01/2009 - 12:54
#85420

Dierdre is kinda hot, IMO.

by jm
on Thu, 10/01/2009 - 15:02
#85606

Second that.  Robo, little help here...

by Andy Dufresne
on Thu, 10/01/2009 - 15:57
#85701

by Anonymous
on Thu, 10/01/2009 - 16:32
#85760

+10

by Miles Kendig
on Thu, 10/01/2009 - 19:55
#86001

i was expecting that on the MILF slot a couple of day ago. One of her black dress, boots & hose days

by Andy Dufresne
on Thu, 10/01/2009 - 20:32
#86023

sorry, I think I may have overdone it with Petra Nemcova. Those are only for weekends, and only occasional...

by Anonymous
on Thu, 10/01/2009 - 18:33
#85912

Dierdre may be hot, and Monica may have huge tracts of land, but I still wish they could give Pimm Fox a caffeine drip and make him anchor 24/7.

Either way, Bloomberg still makes the other financials channels look like buffoons running loose in a Wild West movie bar brawl.

by digalert
on Thu, 10/01/2009 - 12:42
#85402

Will they still have the same passion for GE jet engines? The last one I bought is still collecting dust.

by Anonymous
on Thu, 10/01/2009 - 12:45
#85409

CNBC talking heads will soon become self-aware that their cheerleading of the stock market over the past few months will end up harming their careers. The same careers they thought they were protecting with their unbridled optimism of the markets. Word to CNBC talking heads: Be principled. This works out best in the long run.

by Careless Whisper
on Thu, 10/01/2009 - 12:46
#85413

The synergies are perfect:

http://g4tv.com/2m2mm/

 

by Chief Hatuey
on Thu, 10/01/2009 - 12:54
#85422

is it just me or is this not just more of the same. One conglomerate in bed with another.

I dropped my Comcast cable and Internet because of the following:

Speaking with Comcast's customer service reps they can tell you what televisions you have on in your home and control the cable box remotely. What else can they do or info can they gather on you?

If the mainstreet media is as crooked as we all know they are than why should we expect unbiased reporting? The powers that be would only allow a sale that would keep their powers in place or improve them.

 

"What I want.....is justice!"

 

by Anonymous
on Thu, 10/01/2009 - 13:12
#85449

Pretty common to have massive and extensive changes to 401K rules, vacation and sick leave policy and other things in such a change.

by TenDollarTommy
on Thu, 10/01/2009 - 13:15
#85453

Oh, did I forget to mention that other stock market magician, Ron Insana? What is that dope doing back on the air? I'd rather hear Gail Dudek or Louise (Loser) Yamada tell me where the market will go and then hear a quick economic recap from my favorite tv dumb economist -- Diane Swonk!!

Actually, I watch Bloomie Tv even though it's boring, it gives some actual info in tiimely fashion.

by Anonymous
on Thu, 10/01/2009 - 13:20
#85464

this is a green shoot, right? More M&A activity!!!! To the moon!!!!!!!!!!!!!!!!!!

by lizzy36
on Thu, 10/01/2009 - 13:34
#85480

How about contract negated. Regardless of the line I will put $1m on under.

by zarrmax
on Thu, 10/01/2009 - 13:52
#85504

I've gotta take the over on the Beaker contract. GE is a bloated pig and comcast is competely inept. I figure 2 years will pass before the "synergies" come to pass and comcast even figures out CNBC is a joke. I'd say another year before they figure out how to fix it. Figure 6months for pink slip notification. all in all 3.5 years before Beaker gets cut....

by NHL
on Thu, 10/01/2009 - 14:15
#85533

Selling assets is what GE will be doing for a while to cover the hole

by Anonymous
on Thu, 10/01/2009 - 15:00
#85602

Sorry, but I can't let this pass since it's football season. Over/under on Dennis Kneale contract extension makes no sense because it's a yes/no proposition. I guess it's kinda-sorta funny in a never-called-a-bookie-in-my-life way to say the over/under is "1 second" but... nah.

Odds on Dennis Kneale contract extension makes sense.

by pigpen
on Thu, 10/01/2009 - 15:36
#85669

How can comcast buy GE's NBC when they are rumored to be buying Dish Networks? Isn't the company already levered to the max? How are they going to be buying two companies and adding to their debt loads.

This I gots to see.

Cheers,

Pigpen

by Anonymous
on Thu, 10/01/2009 - 16:38
#85771

Keep a close eye on your monthly statements and you'll see how they are going to pay for it. Soon, you'll have to buy the Disney Channel to recieve college football on Saturdays. If you want the Speed channel, you have to also package in Home Shopping Network and all the spanish language shows.

by phaesed
on Thu, 10/01/2009 - 15:58
#85705

I think they should dress him in a monkey suit and make him dance with tiny cymbals strapped to his hand.... have Boobs McGee dress up as an old italian and wearing a fake black moustache (with that chin, it'll be convincing).

by Lionhead
on Thu, 10/01/2009 - 16:13
#85737

Objective? I doubt it. Combining will most likely make the dying horse jump up for awhile, but ultimately it will die someday. All the corporate MSM outlets are a dying breed. Eventually, they'll all end up at the "soap" factory.

CNBC in its current form should be liquidated; sweep out all the cock roach personnel and sell the assets to a private company that wants to be in the financial news business. The quality folks will easily find jobs whilst the others can collect unemployment with all the other folks. Their brand is tainted, their style of news is corrupt. Good riddance...

by Miles Kendig
on Thu, 10/01/2009 - 19:53
#85998

Will he get shuffled to color commentary at the MSG..

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