Squawk on the Street
CNBC Analyst Debunks Myth Bailout Will Make a Profit
September 29th, 2008 3:52 PM
The theory that bailout legislation recently defeated in the House of Representatives would make money for the federal government has been propagated by the financial media. But according to a recent report released by the International Monetary Fund (IMF), a profit is unlikely. The September 2008 report from the IMF stated the chances of the government recouping anything more than just a…
CNN's Chetry: 'Please Tell Me It's Not Lipstick Again
September 10th, 2008 11:40 PM
On CNN's American Morning today, White House correspondent Suzanne Malveaux reported on Barack Obama's campaigning in Virginia. Afterwards, anchor Kiran Chetry had a question:CHETRY: All right. And Suzanne, what's on tap for the campaign today? And please tell me it's not lipstick again.MALVEAUX: Let's hope not. He's going to be in Norfolk, Virginia. That is in southeast Virginia, and it's home…
CNBC Anchor ‘Embarrassed’ by Media Obsessions with Palin Pregnancy
September 2nd, 2008 12:17 PM
Sex sells, even during a presidential election. But that doesn't mean journalists have to be happy about it. CNBC's "Squawk Box" co-host Joe Kernen took a moment during a panel discussion September 2 to take a shot at the onslaught of coverage over presumptive vice presidential nominee Sarah Palin's daughter's pregnancy. You know as a member of the media I'm just kind of embarrassed with…
Bartiromo on Palin: ‘Terrific Choice’; Kudlow: ‘A Fascinating, F
August 29th, 2008 4:05 PM
While a lot of the members of the mainstream media were scratching their heads, trying to figure out just who Alaska Gov. Sarah Palin was, CNBC actually came through with an almost immediate positive response. The August 29 broadcast of CNBC's "Squawk on the Street" featured two of the network's prominent personalities analyzing Republican presidential nominee Sen. John McCain's choice of a…
CNBC Hypes California Gay Marriage as an Economic Salvation
June 17th, 2008 9:18 AM
Pushing a liberal social agenda is the last thing you'd expect to see on CNBC's "Squawk on the Street." But the network's June 16 mid-morning show featured a segment praising the California Supreme Court for legalizing same-sex marriage because of a predicted economic benefit. "This time around, one study expects over 100,000 gay couples will tie the knot, providing a boost to California's…
CNBC Analyst Blames Israeli Minister’s Comments for Oil Price Spike
June 6th, 2008 1:50 PM
Today's dramatic $6-a-barrel spike in oil has been blamed on a couple of factors - a forecast by Morgan Stanley (NYSE:MS) claiming oil would hit $150 a barrel by July and a weakening dollar off news unemployment increased half a percent for the month of May. But CNBC contributor John Kilduff, who is also the vice president of risk management for MF Global (NYSE:MF), told viewers on the June 6…
CNBC on the Future of Network Newsgathering: 'That Ship has Sailed
April 8th, 2008 12:32 PM
It's no longer profitable for networks to have their own news organizations, according to CNBC's David Faber. In the wake of the news that CBS is in negotiations to outsource its news division to CNN, Faber explained on CNBC's April 8 "Squawk on the Street" CBS's news division is a victim of an evolving business. "The news that CBS is once again considering a deal under which it would…
More Cramer Outlandishness - 'The American Public Don’t Know Jack
March 24th, 2008 3:28 PM
Do you think the federal government guaranteeing $29 billion in a loans for JP Morgan Chase to take over Bear Stearns is a good idea? It really doesn't matter what you think, according to CNBC's Jim Cramer. Cramer defended the move by the Fed from any potential public scrutiny on CNBC's March 24 "Squawk on the Street." "The American public don't know jack," Cramer said in response to a…