ASSHAT OF THE WEEK AWARD: CNBC


Asshat!

I realize that your network panders to self-aggrandizing CEO’s of banks, treating them like Caesars, groveling over the likes of Jamie Dimon, Pandit and anything Goldman Sachs. Coming from the industry of finance, I can tell you without equivocation, NO ONE GIVES A SHIT ABOUT THE C LEVEL JERK OFFS that you bow down to.

The resignation of Pandit should not stream across my teevee, reported by your stupid network ad nauseum, all-fucking-day-long.

You report on this resignation with such energy and passion as if it meant something. From Bartritomo to Cramer to that fucktard Pisani– all of you are guilty of wasting my fucking time. Shares of Citi are down 90% over the past 5 years. Pray tell me, WHY THE FUCK SHOULD I CARE ABOUT CITI?

I want you to tell me why 75% of your programming, on a day when the market is soaring by 125 points, is based around the fucking resignation of this guy!?

How about talking about the bullish trend in the rails or bankruptcy of AONE and how it might affect tonight’s debate? How about talking about the sudden and extreme decline in OSG or the break-outs in a number of tech stocks?

HOW ABOUT YOU TALK ABOUT COAL AND HOW IT IS A ROMNEY PLAY?

Are you even interested in educating or informing your fucking viewers, or slobbishly content with just pandering–sucking the dicks– of these fucking pig CEO’s who pay themselves with the blood of their shareholders?

SHAME ON YOUR HOUSE.

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8 comments

28 Responses to ASSHAT OF THE WEEK AWARD: CNBC

Frostbite says:

thank you Sir FLY!! needed to be said by someone with an audience.

PS- Romney gonna take pictures of himself with COAL after winning the debate tonight! #noA123

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Trading_Nymph says:

It’s all that lame Spainish Bail Out/line of credit story coming out of FT last night…nothing more. I have been watching more and more CNBC on mute these days, (sadly)…Bloomberg TV is good, but I mute that too. For REAL news, it is now official, Buzzard Oil Fields in the North Seas should start up this weekend..key to Brent Prices imho.

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You must be short … that’s the second or third time you’ve mentioned Buzzard … Ha!

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Trading_Nymph says:

Tea..Brent is priced off the North Sea lowest price. Buzzard produces cheaper Oil, so when that field closed in Sept for maintance the price of Brent went up. Now, Buzzard (which was suppose to resume on the 16th) is now starting this weekend, Brent should fade. Yep, I am short all of this…no fundies to support this shell game the global central banks are doing..copper topped in Feb 2011, just watching to see how all the rest takes.

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Po Pimp says:

Wrong.

Buzzard is one component of the Forties blend. Forties USUALLY sets the Brent price but there is nothing saying it has to.

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JTU says:

Wtf is going on with OSG?

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joe says:

hares of Overseas Shipholding Group Inc. (OSG, $4.11, -$1.06, -20.50%) took a big hit amid investor concern that it has maxed out it lending facilities and could soon face a liquidity squeeze. Shares have been on the decline pretty much since 2008 amid a rough shipping market. Debtwire, citing two hedge fund analysts, said late last week that Goldman Sachs and UBS are shopping around about $100 million in the tanker’s revolver, looking to create a market for the debt before OSG needs to refinance early next year.

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The Fly says:

I sold it

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TradingProdigy says:

it is so tempting to buy here, but as everyone here knows these big drops are so often a prelude to bankruptcy filing or at a minimum a dilution of common through any number of warrants/preferred debt re-financing…Buffett is probably a buyer at $0.25….I will stick with your TC play :-)

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Trading_Nymph says:

But, you know what is interesting..Spainish 10 year bonds dropped like over 3% the day before, but once the rumor came out, they closed around only down .21%. Looks like someone was selling the rumor???

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JakeGint says:

I was just ticked about their inability to get the arithmetic of the Goldman dividend increase correuct (sic) this morning. Shouldn’t one be facile in math as well as having acceptable Dazy Duck type enticements to read news on that channel?

(PS — when you brought up their Caeser slobbering, I couldn’t help imagine that fat “crier” guy from Rome who used to yell the news with his fingers articulated in that bizarre manner…)

_________

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Granpa says:

News Flash: Vikram Pandit just went to the men’s room, we have not yet ascertained whether he did #1 or #2. We’ll be right back after a word from our sponsors with the latest update.

Reply

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