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Friendly Reminder: CNBC Viewership Plunges To Eight Year Lows
Update: we decided it may be an opportune time to remind readers of this particular fact... not opinion, not propaganda, not insinuation. Fact, which apparently has forced a once informative medium, and now purely propaganda infomercial, to stoop so low to be in need of trolling websites to generate incremental eyeballs.
* * *
By now it is well known that the ubiquity of central planning (not to mention the persistent threat of HFT flash crashes as exhibited by yesterday's twitter-driven #Hash crash) in capital "markets", has made trading stocks in a rigged casino a sucker's game - one that retail investors have decided to shun, and nearly 5 years after Lehman have still to come back in any size to the stock market.
One of the main, unintended consequences of this development to prop up markets at all costs, even if it means removing all logic and reliance on fundamental data, has been the complete evaporation of interest in any finance-related media, forcing the bulk of financial outlets to rely on such cheap gimmicks as slideshows, pictures of kittens, trolling and generally hiring liberal arts majors straight out of school to copy and paste articles while paying them minimum wage, and providing absolutely no insight (and then wondering why the Series ZZ preferred investors will never get their money back, let alone the A round).
However, nowhere is this more obvious than in the relentless imploding viewership of once financial media titan, CNBC, which lately has become a sad, one-sided caricature of its once informative self, whose only agenda is to get the most marginal Joe Sixpack to dump his hard-earned cash into 100x P/E stocks, and where according to data from Nielsen Media Research, the total and demographic (25-54) viewership during the prime time segment (9:30am - 5:00 pm) just tumbled to 216K and 40K - the lowest recorded viewership since mid 2005 and sliding.
So why the relentless collapse in CNBC viewers, which in turns leads to plunging ad revenues (aside from our observations from last summer on just this topic) and which has forced the station to even resort to muppets as a cheap ratings-boosting gimmick? Perhaps it has something to do with outbursts like this, where 13 minutes into the clip, one Jim Cramer tells the camera point blank when discussing daily market gyrations, and with absolutely no remorse, that "i want everyone to play that game at home by recognizing that fraud is part of the equation and the government cannot stop it."
That's right: on one hand CNBC's most overcaffeinated anchor admits that the market is nothing but uncontrollable fraud, and on the other he beckons viewers and listeners, usually with the assistance of assorted bovine sounds, to "buy, buy, buy."
Perhaps the greater fool is truly dead, or simply the embedded hypocrisy of the CNBC stock "infomercial" is so transparent that nobody really cares what the Comcast subsidiary's paid entertainers have to say any more.
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Don't forget the fact that Cable TV (satellite is the same thing) has become obsolete. Cable TV as we know it today is dead. It's like a Ghost. A Ghost is a person that dies but refuses to accept death and move on. Sure, many people continue paying for it but only because they don't like change and pulling the plug is a radical change when you've been coasting along doing the same thing for many years. People in their early 20's don't have 'Cable TV' and don't see a need for it. People above that generation are discovering they don't need Cable TV or want to continue paying for it as the costs continue to increase at hyperinflation rates. Personally I could easily afford to retain my Cable TV subscription but I cut it because I could no longer stomach paying for and supporting channels that simply disgusted me. Switching to Internet Streaming TV was easy and it's better than Cable TV could ever be. It's like switching from a Horse to a Private Jet. I no longer pay for crap I don't watch and I can watch what I want to watch when I want to watch it and I don't need a DVR (or the associated costs) to do it. It also cleaned out my "entertainment centre". My ROKU Box and Android TV (Internet) Box are stuck to the back of my TV (with Velcro) out of sight and I no longer have DVD/Blue-Ray players or other video equipment and associated disks cluttering up the room. I just have a TV attached to the wall now. I can't imagine ever going back to Cable TV. Currently the 'Cable TV' industry is guarding their programming in an ignorant attempt to limit the damage Internet Streaming TV is inflicting on them. This is really stupid. Everyday new Internet 'Channels' appear with better content than any Cable TV programming they can compete with. When they finally do realize the mistake they are making it will already to too late. They will be just another Channel among thousands that appear and are largely ignored as are grains of sand on a beach.
My Youtube channel, Beasteallity is Best, just surpassed CNBC's viewer numbers!
I knew if I stuck with it...and it...and it...I would one day be more famous than a reality show featuring Nothing But Whores!
"They know nothing."
It's because their all lying for the most part. Ironically, when they try to chat up the Dow numbers, their really chatting up the Fed injections to keep this bullshit driven Ponzi scheme afloat just a little longer until Bloomberg has the finishing touches completed to his pet project Police State lockdown grid for the day shit goes sideways.
So scum of the earth have safe passage out of DTLM when this totally fake synthetic market place comes apart and you face severe rioting in the streets because the banksters know they have been running a fraud hoisted on the world and it's going to piss people off when the Bond bubble bursts and that's going to sooner than later, mark my words, All the Fed can do at this point is QE-4, use the printer as a last resort, then an all out global currency war breaks out then it's over.
They are reading pre packaged news which has everything to do with deception, and has nothing to do with reality on a daily basis.
By the way moron liars shilling for JP and the Goldmanites.. the S&P would be sitting on -0- right now if it wasn't for daily infusions of monoply money, and no Maria, cash is not king because it holds no intrinsic value dumb azz, it's not teathered to reality and it's being printed off at 85+ Billion a month just to keep a pulse in the market place.
Your channel discusts me when I hear bald faced lies reported with a straight face. You know better. Your channel does no public service, it's quite the opposit, but does serve for good entertainment once in a while and sound advise of what NOT to do.
You too will be held responsible after the bond market blows up because all your lies and deceit aired on your channel, for the most part doesn't fool everyone, but it will devistate some financially from taking your govt. Narrative sheep herding advise dictating to you what farcical, misdirected shit story to sell your viewers every day.
Buy more PM's and remove yourselves from hot fiat cash what's worth-less fucking paper I O JEWS, MY PM'S DON'T OWE ANYONE DEBT, MY PAPER CONFETTI IN MY POCKET DOES. Sound advise? Get out of paper everything asap, unless you can hold it in your hand, store it in a safe and guard that safe with a weapon, you don't own it.. Report that for your afternoon spotlight segment.
Shout out to Rick Sentilli, the only decent person working for your shill channel because he does tells it like it is 85% of the time and it's refreshing to hear.
PS..if it wasn't for SNAP and food stamps, we would have soup lines a mile long. The Fed isn't trying to "fix" anything, they are destroying market value with every pump of free cash injected into the market causing a state of suspended animation under total Fed control disconnected from reality and the real economy seen on the street and our store shelves.
Zero Hedge, Jim Willey and Silver Doctor are the most accurate market annalis researchers bar none.
Aspire for higher goals CNBC, your ratings may just go up a few ticks if you thought for yourselves instead of parrot the green chutes and rainbow surfing unicorn stories you love to weave, I know, just doing what your told..
Don't be bashful about telling the truth, thinking it may cause invertors that watch your chock full "o" shit show to lose confidence in the market place, were post MF Global and Cypress was the last straw in my opinion, market retail traders waived bye bye along time ago, hedgies and sell sides are the only winners now.
Moreover: UE is at 22% right now also, just gave you a scoop for the day.
When CNBC tanks, ZH should buy the station and report what they report here.
All the broadcasters could wear Tyler masks.
Some of these articles with some well placed animation - ZH would rule the networks.
Could someone link to the video where Kernen said whateer he said this morning?
I had a serious crush on Trish Regan. That little filly did things for me.
seekingalpha.com is identical to CNBC.
the first three comments after each posting reads: "great analysis" or "great perspective" or "intersting analysis - great job" after 20 pages of analysis that is so convoluted, it would bring most to tears.
seekingalpha.com is another clusterfuck site that "fluffs" potential investors in an attempt to convert them to bag holders.
@Orangegeek.
Great analysis! Keep up the good reporting... j/k
I don't have to watch...I know the market will go up on POMO days
CNBC has niether the competent staff nor the inclination to report real news. No one wants to see Jim Cramer running around a tiny studio saying "booyah," acting like a guy about to drop to the floor, frothing at the mouth. Everything at CNBC is stylized, a Kabuki theater of know nothings reading off teleprompters. Maria Bartiromo is very pretty and she can rattle off Wall Street facts but can anyone remember one instance when she implied that Wall Street was a den of thieves? No, neither Maria nor the rest of the shills at CNBC stray from their mantra of "buy this stock, buy that stock." Why let facts about crooked market dealings get in the way of happy talk and bad stock advice? The problem CNBC has is that the channel is really tired and boring.
I seriously don't get how some of these CEO's associate themselves with an assclown like Cramer. The guy is a total fucktard. He's an admitted liar (watch Jon Stewart youtube) Why would any self respecting station or person go on with this shitstain?
Because Cramer and CNBS are useful idiots.
People want NEWS, not PUNDITRY.
This is why Bloomberg does better; at least some of their shows actually help me learn something (even if I cannot stand the guy who owns the station). I particularly enjoy Cory Johnston's "Silicon Valley Report" every night at 6:30pm.
Don't tell me what tech stocks are going to do and where to invest; tell me what tech companies are MAKING and I'll decide whether to invest.
A total waste and why Kramer is not in jail is a mystery. Oh wait, no one goes to jail anymore, I forgot. I turned this idiot channel off 2 years ago and it feels great. And if Santelli has an admirable rant, I do not have to worry because Zero Hedge will post it within hours.
Fuck a CNBC!
CNBC, first in financial BS.
CNBC's "Fast Money" - All AAPL, all the time.
CNBC couldn't perform financial analysis to get out of a wet paper bag.
CNBC is to finance as MTV is to music.
But Steve Liarsman can really show his talent when they have a Fed on for an interview, Softball is an understatement as he gently cups their balls wearing kid gloves orally disortating on his knees a member of a global crime syndicate.
At the wrap up of hisinterviews, I feel dumber for just listening. Assk the hard questions, so what if you won't be invited out for coke and cocktails when their in town, atleast you can restore your dignity and possibly gain some viewer respect standing up for yourself you water carrying script reader.
RE
With scissors in their hands
Don't laugh, scissors will save you from armed assassins if you watch the proper govt training video.
Ditched my cable service and got rid of my TV in 2006; one of the best decisions I've made.
Yea, me too. I took a Louisville Slugger to my Dish stuff, and have never looked back.
Notice how the retread guest move from CNBS to Balloonberg later in the day or within an hour?
Commercials seemed to be timed about the same.
Wouldn't be surprised to see one person review the schedule for both channels.
Their making quite obvious now.
Because the 2 studios are connected with a tunnel, similar to the PM storage vault tunnel of those who dictate their show narrative and write their canned news programs for them daily. They're an entertainment show for people with IQ over room temp.
thats shocking cnbc viewership is down. they have such a great cast.
cramer knows so much about stocks, and everyone else on squawk on the street teaches me so much. (sarc)
truth is i watch that channel for comedy and to listen to santelli. other than that , fuck it
What's CNBC?
Its that thing. You know, that thing
I want a boring, facts-only business channel run by a bunch of libertarians.
ZHTV
People are tired of listening to Jews.
Fuck you Brian Roberts.
Yesterday morning they had a "juicer" couple on ... blending juices for health. Nothing to do with the markets, not a pre-IPO, nothing.
Whoever decided to turn CNBC into Good Morning America is a moron and needs to get canned.
George ... The Greek ... From Canada
What we need for CNBC is a parody song of the one-hit-wonder Rockwell ... "I always feel like nobody's watching me!"
Where is Nikita Dzhigurda when they need him?
Well, what can you expect when their anchors can't even spell CNBC.....
The repeal of the Glass-Steagall Act (1933-1999) had made CNBC irrelevant.
It sounds to me like Joe Six-Pack (aka 'the sheeple') may be a lot smarter than many intellectuals assume.
And a reminder how manufactured and scripted MSM news is and how it is not about news but about the presentation, CNN and HLN busted for fake remote location reporting.
http://www.theatlanticwire.com/national/2013/05/nancy-grace-ashleigh-ban...
In a bizarre television and spatial anomaly on CNN this morning, the blanket coverage of two true-crime stories led two news anchors to conduct an odd "satellite" interview from the very same parking lot, background traffic and all.
The two suspects are Ashleigh Banfield of CNN and Nancy Grace of Headline News, who were updating viewers on the latest from the ongoing and increasingly ugly Cleveland kidnapping story. (Grace being TV's leading expert on deviant crime.) At first it seems like a normal TV "remote," as Banfield interviews Grace from another location. Then the channel's graphics alert viewers: both anchors are in Phoenix. That's odd. Also: They're both outdoors, sitting in what looks to be a parking lot. And is that same building behind them?
Then things truly get bizarre. Watch the cars moving in the background of both shots:
See the website for actual video
It seems that Grace and Banfield are sitting in the same parking lot, facing in the same direction, and judging by the speed of the vehicles in their shots, they cannot be sitting more than 30 feet away from each other. Yet, they're behaving as if the are on opposite sides of the world. Here's an artist's representation of the warp in space time punditry.
To be fair to Grace and Banfield, they are on two different networks (though they share the same parent company and probably wouldn't be talking to each other if they were true competitors), and cable TV news often features "remote" split-screen interviews with hosts and guests, even when they're in the same building. And Grace and Banfield are both in Phoenix to cover another sensational true-crime tale, the Jody Arias murder case. But despite being on sister stations and the fact Grace would literally only need to walk a few brisk steps to join Banfield on the same camera, the two broadcast teams remain hopelessly torn apart.
Later, Banfield would conduct another interview (this time about Arias) with another Headline News host who was in a different location than Grace, but still in the same parking lot; plus a third HLN regular somewhere else in the Phoenix area. (Also, outdoors and presumably close by.) And don't forget the CNN reporter who is standing across the street from her, waiting in front of the courthouse. A four-headed interview with four people in the exact same city covering the exact same story on at least three different programs on two different networks owned by the same company. So much for corporate synergy.
Just a small tip: if you copy/paste just the entire story and do nothing else but move the splash from /r/conspiracy > ZH, you're a) giving an obvious memetrail to anyone reading and b) not applying too much critical thought to it.
Go back a page, and you'll see I not only linked it, but also linked the CNN vid that was included in the comments. But I then added a bit more.
There are pro teams who seed this stuff, and they have definite goals in doing so. The trick is to change the subversion into something a little more creative and perhaps even positive. The dog-whistle is the phrase "this isn't conspiracy theory".
Full disclosure: I am not a member of any subversion matrix or State or Corporate run Social Media team. Although, I will claim I'm a lot better at it than them, but of course it's entirely possible that's what they want me to think.
;.;
Nestle says it has strict 'do's and don'ts' for how staff should respond online, including disclosing their relationship to the company if they discuss a product. At the same time, the team is inevitably making up some rules as it goes along.
haha, we gotta trip the algos on those Digital Accelerators and get those Nestle girls over here to play.
PURE LIFE IS DEATH BY NESTLE!
NESTLE IS STEALING OUR WATER AND SELLING IT BACK TO US AS PURE LIFE!
DRINK PURE LIFE AND YOU'RE DEAD!
;~)
I've certainly read that Nestle Pure Life is behind the conspiracy theories surrounding fluoride in water to increase sales and to make public water companies unprofitable, allowing them to move in via the IMF to privatize them.
Turtles all the way down (or: how you can destroy reality in a recursive space)
On a serious note, it's highly unlikely Nestle bother monitoring ZH - it's simply not their target market. Not enough mums who buy the weekly groceries, and the average user is rich and alcoholic enough to be a minimal target group anyhow.
For those really worried about flouride:
In this study, we evaluated apoptosis induction in human immune cells in children exposed to arsenic (As) and fluoride (F). Children living in two areas in Mexico (Soledad de Graciano Sanchez (SGS) in San Luis Potosí and Colonia 5 de Febrero in Durango) were studied. Water, urine and blood samples were collected. Approximately 90% of the water samples in 5 de Febrero had As and F levels above the World Health Organization intervention guideline (10 ?g/L and 1.5mg/L, respectively). In SGS, 0% of the water samples exceeded Mexican guidelines. Urinary As and F levels in children living in 5 de Febrero were significantly higher than the levels found in children living in SGS. In addition, the level of apoptosis was higher in children from the 5 de Febrero community when compared with the level of apoptosis in children living in SGS. Thus, in a worldwide context, our study demonstrates the health risks to children living in these regions.[source]
Red cells from humans exposed chronically to toxic levels of fluoride through drinking water showed significant increase in lipid peroxidation and membranous cholesterol and phospholipids. Additionally, electrophoretic patterns of ghost membrane proteins revealed the presence of a new band in the range of congruent to 66 Kd and increase in the high molecular weight protein and predominance of bands with a molecular weight of congruent to 93 Kd and congruent to 20 Kd. The activities of total, Na(+)-K(+)-, Mg(2+)- and Ca(2+)-ATPases were significantly decreased in the red cell ghosts of fluorotic patients [source, India]
Fluoride, for example, is added to tap water in the USA. Officials regularly monitor the content in order to maintain a constant value between 0.3 and 0.7 mg/l. The quality of drinking water in Europe also depends on close monitoring. Here, the fluoride concentration is not allowed to exceed 1.5 mg/l. [Merck testing]
It really isn't in their interests to kill you off, and the WHO does do a lot of work in India Mexico etc where the issue is a real one; they're trying to lower levels around the globe, not increase them. You can obtain self-testing kits (indeed, there's a massive market for them, ranging from the professional to the quackery sites) so don't need to panic.
People selling fear over this issue are making money, nothing more.
serious note taken, but if let's say ZH did a top-o-the-line tinfoil expose on the conspiracy behind the "conspiracy", i betya an eye of horus they would start...
{recursive GW link here}
( gotta think 3 turtles ahead when wrastlin with lizards, no? )
Up to 77 million people in Bangladesh have been exposed to toxic levels of arsenic from drinking water in recent decades, according to a Lancet study.
The research assessed nearly 12,000 people in a district of the capital Dhaka for over a period of 10 years.
More than 20% of deaths among those assessed were caused by the naturally occurring poisonous element, it found.
The World Health Organization said the exposure was "the largest mass poisoning of a population in history".
It began after hand-pumped wells were installed in the 1970s to tap groundwater.[BBC]
People really underestimate just how new science is to most of the world, and how much stuff gets dumped around without knowing exactly what it does long term. Long term risk planning isn't a speciality of the human race.
If the WHO was really part of a horrible Agenda 21 type conspiracy, they're fucking terrible at covering it up. They (and Lancet) basically just said: "Holy crap, look what we did, we accidently poisoned 77 million people"...Hardly an example of criminal genius.
Compare that to the behaviour of notable Corporation Nestle:
Dog owners are calling for a recall of Nestlé Purina's Beneful dog food on the Consumer Affairs website, claiming that the product is making their pets sick or killing them.
An article on Examiner.com questions why the Food & Drug Administration (FDA) has failed to take any action against the complaints so far, echoing the concerns of other pet owners. As of Tuesday, there were more than 220 comments about Beneful listed on the Consumer Affairs site, the majority of them complaints from alarmed pet owners. [source]
A dog owner is suing dog food brand Nestle Purina and Wal-Mart after claiming dodgy treats killed his Pomeranian.
Dennis Adkins filed the $5 million lawsuit on Wednesday, becoming the latest dog owner to allege that Yam Good treats have caused sickness or death.
Adkins, 57, said he bought the treats on March 11 at an Illinois Wal-Mart, two weeks before the pooch, Cleopatra, died of kidney failure.[Daily Mail - high bollocks alert]
That's how you get their attention ;)
History shows that superstitions are not manufactured by the plain man. They are invented by neurotic intellectuals with too little to do.--Lancelot Hogben.
same link : Our society's great sin against water is simply that we have forgotten what it is.- gene franks
Diana - Professor Karen Kidd from the University of New Brunswick studies what effect oestrogen-like chemicals have on populations of fish. Hello.
Karen - Hello.
Diana - Good to have you on this show with us, Karen. Where do these hormones, like oestrogen, come from?
Karen - Well, they're excreted by women. We excrete a number of natural oestrogens and we also excrete the oestrogen that’s used in the birth control pill. So, these oestrogens are going into our municipal waste water works or treatment works, and not being completely broken down in the treatment process. And we’re finding very low, but effective concentrations of the oestrogens in the waters being discharged into our rivers.
Diana - Once the oestrogens are in the water, what kind of effect can they have on the wildlife in there, on the fish?
Karen - Well, we know from a great body of work that’s been done in the UK that these oestrogens are very effective at impacting or impairing reproduction in fish.[source]
It's not as if Science keeps the issues secret; the solutions are a different matter, which is why you need to fund them. A real solution is not "ban all contraception", for the peanut gallery, although the image of fundamentalists championing the environment to push their agenda is bizarrely appealing. (The derail into why American Christianity isn't massively pro the environment as "looking after God's garden" is a much deeper rabbit hole).
/threadjack over
/sike!
fish ain't the only species where the males are becoming feminized. but we knew that already yes?
p.s. don't be so hard on AmrknXstns, maybe consider looking with a different eye?
"Come to Me, all you who labor and are heavy laden, and I will give you rest. Take My yoke upon you and learn from Me, for I am gentle and lowly in heart, and you will find rest for your souls. For My yoke is easy and My burden is light." - Matthew 11:28-30
I don't care about your personal beliefs, as long as they're authentic and encourage evolution. It's all the same pineapple if you get down to it.
This includes the real predators (parasites / hyper-parasites are only useful if they encourage said development btw, otherwise you get rid of them) - it's perfectly possible to be beautiful, dangerous, sexy and fun while feasting on the Red Market as long as you've some self-aware empathy for the ecology you live in. (Even if it's driven by self-interest). Sadly, the 21st Century will see the extinction of most large predators around the world, and you'll lose the ability to relate to them and their kind.
If you want an analysis that really isn't ever talked about, the bottom line of Darwin (taken up by anarchists such as Kropotkin) is that co-operation is just as important as "red tooth and claw" mis-readings of it. This mistake that's made is an obvious one and seemingly forgets one of the driving forces of Western Culture: nothing forces co-operation like a unified Religion, or allows for century long building practices and projects (Ahem, hello Vatican). Which is fine, until you forget why you're doing it, and just start mindlessly repeating the cycle. Which is the current state of the world.
Take this example.
If it was actually trying to be shocking, or satirical or challenging, then all the whores would be children, otherwise it's merely banal. (Although we do like the black eyes).
I find most of the current thinking entirely regressive. Wee.
p.s. Order is driven by co-operation, not dominion, once you understand ecology. Stifling it unless it's under a hierarchical religion is fucking stupid; you'll find the ones not wanting to play higher-order games won't eat you if left alone, and in fact, they'll probably help fix the issues, and have a huge amount of creative ideas you need. DERP. And this is why I consider most of the modern variants pathetic. Synthesis is not a hard concept, but you're all fucking minnows and not real predators. Real predators like challenging game, not farmed insipid stuff; Fixing the stock market or blowing the shit out of desert countries with tech 30 years behind yours doesn't count, it's trivial.
If I'm not playing, it's because it's too easy. And if you can't work out any way to make it develop, apart from nuking it all from orbit, then you're not what you claim.
Degenerates. Ugh.
edit :
{recursive GW link here}
Cartoon channel II.
If they wanted to get a larger audience, they should have Cody Lundin do a show about lowering your food bills by trapping small rodents and making cockroach casseroles. That's where the growth is going to be in the future.
...one Jim Cramer tells the camera point blank when discussing daily market gyrations, and with absolutely no remorse, that "i want everyone to play that game at home by recognizing that fraud is part of the equation and the government cannot stop it."
No, government REFUSES to stop it and is ACTIVELY participating in the fraud.
CNBC are just crony friends of big government which includes the Fed. Ironically they display ignorance of National Socialism, & deny anything wrong with the US economy, & talk about stock gambling all the time making money. Heh. These are the same people who told you to buy into the NASDAQ bubble of 1999-2001, & and the housing bubble of mid 90's-2007. Jim Cramer was actually on CNBC saying that housing market is coming back, and that is a sign that the US economy is a housing economy. LOL what a imbecile. I watch MSNBC only to see the hubris, outright ignorance, and cronyism. Forget about healthy economy, it's about government printing money, and stock prices. CNBC is a pretty disgusting channel. These channels are only worth chuckling at.
I stopped watching CNBC when that socialist cockroach obama-cheerleader sorkin was given a plaform for propaganda broadcasting.
I stopped watching CNBC when that socialist cockroach obama-cheerleader sorkin was given a plaform for propaganda broadcasting.
I did my part, now if we could all ban together and remove all deposits from the banks and convert to PM's we could end the rest of this party pretty quickly.
Kudlow just said on CNBC the budget deficit is shrinking to under a trillion this year. What!?!?
(face plant)
Tyler says : "However, nowhere is this more obvious than in the relentless imploding viewership of once financial media titan, CNBC, which lately has become a sad, one-sided caricature of its once informative self..".
WTF? When pray-tell was this golden era for CNBC? It has NEVER been anything more than a joke - a bunch of ill-informed, inarticulate bimbos (male and female) offering opinions on a market they barely comprehend and spruiking share ownership to equally ill-informed viewers. Anyone who has ever taken investment advice from CNBC is most likely bankrupt by now.
I suppose it offers some entertainment value - if your idea of entertainment is watching Joe Kernan felatting that poisoned dwarf Jack Welch once a month.