It was a bit disconcerting to hear President George Bush discuss the resiliency of the economy while ten blocks away people were scrambling to figure out whether Bear Stearns is going to be dissolved. We half-wished Bush would actually switch the location of his speech to a Bear Stearns trading floor just so we could see what kind of reception he’d get there.
That didn’t happen. But tonight CNBC is bringing us the next best thing: the President was interviewed by former Bear Stearns managing director Larry Kudlow. It airs tonight at at 7 PM ET on CNBC's "Kudlow & Company." We’re hoping it will be like an episode of Law & Order: SVU, with Goldilocks as the “special victim.”
Posted by guest , Mar 14, 2008 4:42PM
That's great, but here's something that we might ALL care about - especially "Jennfer" (or as I like to call her - Golden Girl)
http://www.break.com/index/steak-and-bj-day2.html
Posted by guest , Mar 14, 2008 4:54PM
You know, @4:42pm, there are times when adolescent fixations should be put on hold.
Posted by Anal_yst , Mar 14, 2008 5:00PM
16:53 03/14 =DJ UBS, Brokerage Arm Sued Over Marketing Of Auction-Rate Securities....
And it has begun
Posted by guest , Mar 14, 2008 5:00PM
Awww...does somebody has a case of the Mondays? Where's the WAAAAAAAAHHHHHbulance? Tito, bring us a tissue! How long have you been on this site - it's not exactly PhD. thesis material. Let's give our poster a Blackrock claw clap! Now where's the drawn butter? Let me guess - you work at BSC and yer gonna get the ax soon and your 401(k) is loaded with company stock and nothing El Presidente will say tonight with Kudlow can cheer ya up? Maybe all you need is a steak...and something else! Don't worry, be happy! And yes, I hate that song as much as the rest of you do.
Posted by diablo , Mar 14, 2008 5:07PM
El Presidente defiende su peso, american peso, while el oso de stearns goes up in flames.
Kudlow and Bush are made for each other. And Goldilocks? That's golden "girl" in the emergency room.
Posted by guest , Mar 14, 2008 5:16PM
@5:07 Perhaps they can compare mens fashions as well. And sip pina coladas. Their meeting brings a whole new meaning to 'Laffer Curve'. I can't wait for all the softballs Larry the Con tosses Georgie. It would only be better if it was on Faux Business (FBN) instead of CNBC - during Happy Hour with Cody feeling 'frisky' and Rebecca having an even lower neckline in wanting to have an El Presidente illegitimate kid scandal at the Waldorf. Ole!
Posted by guest , Mar 14, 2008 6:01PM
@5:07 - Kudlow who "attended" but did not graduate Princeton?? He and Sptizer have a lot in common.
Posted by guest , Mar 14, 2008 6:26PM
Maybe the two of 'em can do a couple lines, you know, like in the old days...
Posted by guest , Mar 14, 2008 9:49PM
George "Herbert Hoover" Bush
Posted by guest , Mar 15, 2008 5:46AM
BSC -- too many eggs in one basket and over-leveraged...yup Bush's fault
Posted by guest , Mar 15, 2008 3:30PM
@5:46 - And how were they able to get so over-leveraged? Oh yeah, easy credit conditions created by the Fed. Who appoints the Board of Governors of the Fed? Oh yeah, George Bush.
Posted by guest , Mar 15, 2008 6:00PM
Bernanke did the right thing Friday to prevent even worse immediate consequences, but the left and the right are beginning to bray about "the government bailout of Wall Street." How many more times is he going to be able to act without being subject to enormous political pressure?
When Bush shows up the same day in NYC with an unrehearsed, bumbling, and clueless speech, it's easy to think we're on the verge of a huge wipe-out.
Posted by guest , Mar 16, 2008 4:16PM
So we all commit financial suicide because the government allows us to?
Wall St firms have the worst management of any industry.