• 10 Oct 2008 at 1:00 PM

CNBC Doesn’t Understand Why You Won’t Be Exploited For Ratings

By Bess Levin

So, okay. CNBC managing editor Tyler Mathison offered up “An Open Invitation” to “CEOs, mutual fund managers, and financial leaders to appear on CNBC with your plan to lead us out of this financial crisis.” First he said it was because “it’s been conspicuous that, with a few notable exceptions, a number of CEOs” have declined CNBC’s offer to go on the air and calm the nerves and explain the steps that should be taken to get us out of this mess. Then he said these guys and girls should want to go on-air not just to calm the nation, but to specifically reassure their “shareholders, customers, and investors.” Regarding the first: did you ever think that perhaps they don’t have a clue as to how the hell we’re going to get out of this one, and going on TV and just winging it (“Okay, we’re going to need a stick of gum, a rubber band, and a can of Fresca…and a box of Thin mints, not so much for the rescue plan but because I need a snack”) would be…not helpful? Regarding the second? Two words: Alan Schwartz.

Comments (13)

  1. 1
    Posted by guest | October 10, 2008 at 1:05 PM

    bring back ERIC BOLLING.

  2. 2
    Posted by guest | October 10, 2008 at 1:06 PM

    Fire!
    http://www.lohud.com/apps/pbcs.dll/article?AID=2008810090447

  3. 3
    Posted by prgy | October 10, 2008 at 1:06 PM

    CNBC caused this whole financial collapse

  4. 4
    Posted by guest | October 10, 2008 at 1:10 PM

    MORON STANPEE GOES OUT OF BUSINESS
    DOOSH DOOSH DOOSH

  5. 5
    Posted by guest | October 10, 2008 at 1:22 PM

    I do really believe that cnbc and the likes are partly responsible for this mess.

  6. 6
    Posted by Anal_yst | October 10, 2008 at 1:25 PM

    @ 5
    Of course the media is complicit, the amount of irresponsible “journalism” (quasi- or otherwise) that I”ve seen in the past year and a half is insane to the point where it borders on criminal, but alas, nothing will ever come of that conversation

  7. 7
    Posted by guest | October 10, 2008 at 1:27 PM

    @3
    The signal that American society is over was that Gasparino mentioned his book this morning.
    his book…

  8. 8
    Posted by guest | October 10, 2008 at 1:37 PM

    CNBC guy just said we had a market climax but since they read here he added, “but we don’t know if it was the market climax”

  9. 9
    Posted by guest | October 10, 2008 at 1:38 PM

    anal_lyst you are on the money.

  10. 10
    Posted by guest | October 10, 2008 at 1:39 PM

    Why is CNBC so happy. IMHO they must all be making millions. They should seriously be investigated to see if they profited from their “reporting”.

  11. 11
    Posted by guest | October 10, 2008 at 1:42 PM

    Geez, don’t you wish that the SEC guy would grow a set?

  12. 12
    Posted by Nathan Pancratz | October 10, 2008 at 1:52 PM

    MathisEn.

  13. 13
    Posted by Blabrmouthcom | October 11, 2008 at 9:24 PM

    This is exactly when any CEO worth his/her salt should be stepping out in front of the cameras and telling the world how they plan on making their worlds a better place.
    If they haven’t formulated a game plan for surviving this mess then they should consider not moving forward with their particular organization. Even if that strategy is standing pat until the credit markets loosen or putting excess cash to good use buying up distressed assets would be a great plan for the times.
    Whatever the idea is, just get it out there so their employees and vendors and customers can get a better handle on the situation would make it worth doing ASAP!

Leave a comment

You can log in with your account or comment as a guest below.

   or