• 16 Oct 2008 at 9:34 AM

Unsolicited Advice To CNBC

If you’re going to shame a “website” for putting up what was in fact a rumor, don’t send David Faber out on the air an hour later to muse that “Citadel has been down around 26 percent- or so they say” and then “from what I’m hearing, there are a lot of questions about forced selling out there.”

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Comments (107)

  1. Posted by guest | October 16, 2008 at 9:36 AM

    Ohhhh take that no-sleeves!

  2. Posted by guest | October 16, 2008 at 9:37 AM

    BL is famous!

  3. Posted by guest | October 16, 2008 at 9:39 AM

    GO BESS. Bitch slap that pretty boy Faber.

  4. Posted by guest | October 16, 2008 at 9:41 AM

    Oh yeah bess, Bitch slap those cows

  5. Posted by guest | October 16, 2008 at 9:42 AM

    “I better not get scooped on this story.”
    “You better call me back before this
    hits the tape.”
    Dealbreaker > CNBC on every level.

  6. Posted by guest | October 16, 2008 at 9:48 AM

    all cnbc’s base are belong to some shit whatever

  7. Posted by guest | October 16, 2008 at 9:49 AM

    Gaspo mentioned the site but wouldn’t mention the name, good or bad?

  8. Posted by guest | October 16, 2008 at 9:51 AM

    i don’t think the issue is with gaspo, but the fact that, following his segment, faber went out and basically put up the rumor db put up on tuesday, after cnbc had “shamed” db for posting it.

  9. Posted by guest | October 16, 2008 at 9:52 AM

    Kinda curious:
    the alleged 40% loss, was it before Monday’s rally? And the actual 30%, was that right after Monday’s close? Just wondering. I mean, I do not suppose they had a 10% swing in one day (after all they hedge, right? ), but -40 and -30 are suspiciously round numbers, which might really stand for, say, -37.2 and -33.1, or something like that.

  10. Posted by guest | October 16, 2008 at 9:52 AM

    @7- not sure. though he say “i know the kids, they’re good kids”

  11. Posted by guest | October 16, 2008 at 9:53 AM

    @9- the number is clearly closer to 40 than 30. especially since griffin wrote in his letter, basically “get ready for way more volatility” i.e. he’s going to break the bad news in stages. 30, oh wait, 40.

  12. Posted by PhilSeltzer | October 16, 2008 at 9:55 AM

    Is it me or is it hot when Erin talks about “back door stimulus”?

  13. Posted by guest | October 16, 2008 at 9:56 AM

    @7- he wouldn’t mention the name b/c he’s bitter he didnt have the story first. think about it- it would’ve been classic cnbc to report that rumor, but because they didn’t have it first, they had to take the other side and say oh, this is completely false.

  14. Posted by guest | October 16, 2008 at 9:56 AM

    @10 – I heard that too….I took it more as him putting down DB by calling Bess et al “kids.”

  15. Posted by guest | October 16, 2008 at 9:58 AM

    @14- i agree. he’s so transparently bitter.

  16. Posted by guest | October 16, 2008 at 10:01 AM

    Bess,
    You should do a story about how Ken G went around to each of his top employees offices and basically made them donate at least $2,500 to Obama.
    Check into it…..

  17. Posted by guest | October 16, 2008 at 10:03 AM

    cnbc are bullies. Faber is a no talent card reader and Gasparino is in the mafia.

  18. Posted by guest | October 16, 2008 at 10:03 AM

    @16- leave the political shit out of this. of course a chicago hf is going to support the presidential hopeful from illinois.

  19. Posted by guest | October 16, 2008 at 10:05 AM

    bess– faber’s an easy take-on, but can you go head to head with the money honeys? they’ll scratch your eyeballs out…

  20. Posted by guest | October 16, 2008 at 10:07 AM

    Highland closing their hedge funds?

  21. Posted by guest | October 16, 2008 at 10:08 AM

    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    Gasparino is in the mafia.
    @17 u sure?

  22. Posted by PhilSeltzer | October 16, 2008 at 10:11 AM

    20, so says CNBC, which sucks cause I’m in. Asks on paper were 60′s. Trades as forced by Barclays were like 30′s. This is my recollection and may be off a little.

  23. Posted by guest | October 16, 2008 at 10:11 AM

    dealbreaker is just a rumor monger at this point. you’re a bunch of opportunists who are taking this environment of fear and stoking whatever rumors you can. your reporting is crap and the content a joke. fortunately, with every untrue posting you become less and less relevant. enjoy your 15 minutes…

  24. Posted by guest | October 16, 2008 at 10:12 AM

    at #21 I don’t know nothing.

  25. Posted by guest | October 16, 2008 at 10:12 AM

    @23- you’re a moron. dealbreaker has consistently posted stories days before the MSM.

  26. Posted by guest | October 16, 2008 at 10:13 AM

    @23 Faber is that you?

  27. Posted by guest | October 16, 2008 at 10:14 AM

    @23 – Gasbag, is that you?
    those ‘rumors’ have been consistently true. So maybe you can put on some sleeves

  28. Posted by guest | October 16, 2008 at 10:16 AM

    16 And maybe follow it up on how Stan O’Neil did the same thing in favor of W during the 2004 campaign. News flash: thats how life works in the real world. In theory, folks should contribute a max of $5,000 to their firm’s Political Action Committee, which then allocates contributions to candidates that will be helpful. Reality is that the PAC can only contribute a max of $5,000, which is not gonna get the firm heard. So someone important walks up and down the aisles and asks for “voluntary” contributions to candidates of choice. Its called bundling. No one likes it, but thats how the world of politics works.

  29. Posted by guest | October 16, 2008 at 10:17 AM

    @27 if that was Gasbag the post would have included threats and requests for protection money

  30. Posted by guest | October 16, 2008 at 10:17 AM

    @23 – Griffin is that you?

  31. Posted by guest | October 16, 2008 at 10:18 AM

    Charlie g is short! Maybe only 5’8″ or so, I know it pains all you other short men to think that 5″8″ is short but it is.

  32. Posted by guest | October 16, 2008 at 10:20 AM

    Shill for McCain more, Gasbag. Your taxes are going up no matter who wins because the US is going bankrupt otherwise.
    -
    On another note, this day is gonna be ugly.

  33. Posted by guest | October 16, 2008 at 10:23 AM

    @31 That’s ok…the short ban has expired

  34. Posted by guest | October 16, 2008 at 10:23 AM

    #23 – you do realize this site it heavily slanted toward jokes with some rumor, gossip, real news, and discussion put in. It’s supposed to be fun…
    Also notice that the Citadel story is on Bloomberg’s mainpage now so somebody apparently got it right didn’t they and far ahead of other news sources.
    As for stoking fear. It doesn’t need stoking. It’s been burning since July 2007, most people were just too dumb or out of touch to notice. Plenty of signs of forest fire before that too.

  35. Posted by guest | October 16, 2008 at 10:24 AM

    @19. Especially Michelle Caruso Cabrera. She can kill you with those Cabreras.

  36. Posted by guest | October 16, 2008 at 10:26 AM

    @18 – the only reason I posted it is because its true. I know people who work there who stayed home those days as to not have to fill his bucket on that. Ken looks as Obama as someone who is weak in his economic policy and sort of a “blood in the water” scenario.
    Not trying to grind an ax on Obama, just that I don’t think employers should try and scare people into contributing for any candidate.

  37. Posted by guest | October 16, 2008 at 10:26 AM

    @36 — By far the best cans…cannons, on CNBC.

  38. Posted by guest | October 16, 2008 at 10:27 AM

    From a good source: Ken Griffin flew to Sweden to try to get loans from Swedish banks earlier this week after NY and London banks said no mas. (pulled his lines)

  39. Posted by Investorcluzo | October 16, 2008 at 10:29 AM

    bessy, once again you were first. fk the wsj and cnbc. the viral network is alive and well. let’s all agree, gasbagarino has nothing on bess and her db tipsters.
    given all the eyes on db these days, bessy, might be a good time to go after that raise you’ve been looking for…
    separate topic: anyone else notice that jpm wrote down “toxic” assets to $0.25 – $0.55 on the dollar ($hiti looks to have written them down by a like amount). also, what’s the story with jaime d selling $4bn of mortgage assets to…himself (trading book)? extrapolate to the other big banks and discuss.

  40. Posted by guest | October 16, 2008 at 10:30 AM

    From a good source: Ken Griffin flew to Sweden to try to get loans from Swedish banks earlier this week after NY and London banks said no mas. (pulled his lines)

  41. Posted by guest | October 16, 2008 at 10:31 AM

    From a good source: Ken Griffin flew to Sweden to try to get loans from Swedish banks earlier this week after NY and London banks said no mas. (pulled his lines)

  42. Posted by guest | October 16, 2008 at 10:32 AM

    Hahaha. Well you seem to be getting under CNBC’s skin. You didn’t get the memo? Only they are allowed to have information slipped to them anonymously.
    They are certainly grumpy. Guess looking at all their “GE holdings” is making them less than tolerant.

  43. Posted by guest | October 16, 2008 at 10:34 AM

    OMG Bess just realized that now CNBC will try to pry your hands from that keyboard and phone and put you on the air. Are you ready for that? They love to eat up their competition.

  44. Posted by guest | October 16, 2008 at 10:37 AM

    @18 – Look on Huffington Post Q2/2007 or any other campaign tracker. You’ll see the surge

  45. Posted by guest | October 16, 2008 at 10:39 AM

    37 See 28. Anything to add?

  46. Posted by guest | October 16, 2008 at 10:41 AM

    Is Bess a hottie? Where’s a photo?

  47. Posted by guest | October 16, 2008 at 10:43 AM

    can we get cnbc to blow up like the bad funds?

  48. Posted by guest | October 16, 2008 at 10:43 AM

    can we get cnbc to blow up like the bad funds?

  49. Posted by guest | October 16, 2008 at 10:43 AM

    @46 Sure I have lots to add. I could go through the donor list and tell you what role each most every person who donated plays there. Not too difficult.

  50. Posted by guest | October 16, 2008 at 10:43 AM

    37 So all you had to do to avoid having to give a contribution was stay home that day? How convenient. Dont you think they would remember to ask again when you returned to the office. That little detail plus your fourth grade grammar makes me call BS on that one.

  51. Posted by guest | October 16, 2008 at 10:44 AM

    @38 Agreed, she is smuggling some serious watermelons

  52. Posted by guest | October 16, 2008 at 10:45 AM

    47 Google her and you’ll see. She looks a lot like that woman in the Superman movie.

  53. Posted by guest | October 16, 2008 at 10:45 AM

    can we get cnbc to blow up like the bad funds?

  54. Posted by guest | October 16, 2008 at 10:45 AM

    @45- what the fuck is your point? see 18

  55. Posted by guest | October 16, 2008 at 10:46 AM

    #18. You culd put what this guy knows about foreign policy in a thimble. You can put what he knows about the economy and the market in a quarter of a thimble.
    So why would anyone on WS support him. He certainly isn’t doing anything for them. Right?

  56. Posted by guest | October 16, 2008 at 10:47 AM

    50 I mean anything to add to what 28 (me) said. Which describes how things work in the real world.

  57. Posted by guest | October 16, 2008 at 10:47 AM

    @45- what the fuck is your point? see 18

  58. Posted by guest | October 16, 2008 at 10:48 AM

    @45- what the fuck is your point? see 18

  59. Posted by guest | October 16, 2008 at 10:49 AM
  60. Posted by guest | October 16, 2008 at 10:49 AM

    57 I have two words for you: Sarah Palin. Plus, McCain is much worse. At least BO has smarts.

  61. Posted by guest | October 16, 2008 at 10:49 AM

    @45- what the fuck is your point? see 18

  62. Posted by guest | October 16, 2008 at 10:49 AM

    i want to know what carney thinks of all this

  63. Posted by guest | October 16, 2008 at 10:51 AM

    i want to know what carney thinks of all this

  64. Posted by guest | October 16, 2008 at 10:51 AM

    @57- you’re a fucking idiot if you believe mccain/palin are more qualified than obama/biden

  65. Posted by guest | October 16, 2008 at 10:52 AM

    what was the original citadel post that caused all this furvour about?

  66. Posted by Novice | October 16, 2008 at 10:52 AM

    @10 Condescendingly or not? I didn’t see it.

  67. Posted by guest | October 16, 2008 at 10:52 AM

    @57- you’re a fucking idiot if you believe mccain/palin are more qualified than obama/biden

  68. Posted by guest | October 16, 2008 at 10:52 AM

    @57 i am so fucking sick of people thinking that because mccain fought in a war he knows shit about foreign policy.

  69. Posted by guest | October 16, 2008 at 10:54 AM

    @57 i am so fucking sick of people thinking that because mccain fought in a war he knows shit about foreign policy.

  70. Posted by guest | October 16, 2008 at 10:58 AM

    Joe the Plumber for Treasury Secretary!

  71. Posted by guest | October 16, 2008 at 10:59 AM

    Here is the other one.
    http://fundrace.huffingtonpost.com/neighbors.php?type=emp&employer=Citadel+Investment+Group&search=Search
    Using Citadel Investment Group in the search
    Combined looks like around $200,000 or so from employees for and only $70,000 for GOP

  72. Posted by guest | October 16, 2008 at 11:00 AM

    I didn’t see the remark but if the oldsters at CNBC are referring to the DB as kids…perhaps the kids should send them over some suppositories, depends, fibercon,ensure,pillows and brochures for nursing homes in Boca

  73. Posted by guest | October 16, 2008 at 11:01 AM

    @21. THERE IS NO SUCH THING AS THE MAFIA. The “Mafia” was a fabricated concoction created by Hollywood and fiction journalists.

  74. Posted by guest | October 16, 2008 at 11:02 AM

    73 Duh… thats 65%D/35%R Is that so slanted? Esp when you consider, its money from smart, urban, affluent people that live in the city where the D is from? Give up on this one. Its how politics works. You hold you nose and write a check.

  75. Posted by guest | October 16, 2008 at 11:07 AM

    CNBC, and especially Dylan Rattigan, have been trying to strike this populist pose lately … did anyone hear his rant on Fast Money last night (okay, it was on at the health club). I wish that guy would just shut the fuck up. It betrays a true ignorance on how the world works.

  76. Posted by guest | October 16, 2008 at 11:09 AM

    @76 – i think i touched a nerve. Should I bring up Citadel’s relationship with Ameritrade?….would that fire you up more?

  77. Posted by guest | October 16, 2008 at 11:14 AM

    78 You touched no nerve but simply prompted me to point out your naivete. Its simple: your observation that in a D city that is home to one of the candidates, the fact that among people who are likely to be affluent and intelligent (i.e. the employees of Citidel) 2/3 of political contributions went to the D candidate is totally unremarkable. Its simply the way the world works.

  78. Posted by guest | October 16, 2008 at 11:14 AM

    #66. I think Obama/biden will mix it up with Pakistan and that Senator O is a closet war hawk. McCain is very very anti war.

  79. Posted by guest | October 16, 2008 at 11:17 AM

    80 I’ve said it before. All of McCain’s credibility went out the window when he chose Palin as a running mate. No way Sarah Snowpants can be taken seriously, which is an important consideration when the guy at the top of the ticket is as old as McCain. And he did look old in those debates.

  80. Posted by guest | October 16, 2008 at 11:19 AM

    Old Gassybags is really stumbling over his words on his “scoop” of Highlander right now – why is he always so sweaty and hyper on the air?

  81. Posted by guest | October 16, 2008 at 11:23 AM

    gasparino. = mafia.

  82. Posted by Investorcluzo | October 16, 2008 at 11:28 AM

    no sleeves needs someone from make-up to stand by to wipe the shine off his forehead and chin. what a greaseball.

  83. Posted by guest | October 16, 2008 at 11:29 AM

    @79 – I am not naive about the number of people in the Chicago Land area who are voting a certain way. I am also not naive about the fact that educated / affluent in Illinois will vote a certain way as well. What I’m pointing out is that Ken is trying and will successfully garner favor based on his support and that support was driven by “highly suggesting” that people support in a certain way. Thats just wrong – people should be free to do what they please and not feel they have to in order to not be added to some “did not donate” list. Thats it. I have no more to add.

  84. Posted by guest | October 16, 2008 at 11:30 AM

    @ 74 – Great idea.
    @ 75 – What? Are you being serious?

  85. Posted by guest | October 16, 2008 at 11:31 AM
  86. Posted by blndebnker | October 16, 2008 at 11:38 AM

    @54 – That photo IS of Kate Bosworth in superman. It isn’t Bess. Good lord.

  87. Posted by guest | October 16, 2008 at 11:40 AM

    88 I know that. I was just hazing the new guy on the board. Or trying to. Next time dont ruin the joke. ;)

  88. Posted by guest | October 16, 2008 at 11:42 AM

    remember that ad of Griffin stepping over the fissure with his briefcase? what a tool

  89. Posted by guest | October 16, 2008 at 11:45 AM

    85 Once again see 28. Stan O’Neil was a “Bush Ranger”, which is someone who bundles at least $100,000 in contributions. This is the way money greases the political machinery, on both sides of the aisle. Don’t go making this an indictment against Obama.

  90. Posted by guest | October 16, 2008 at 11:46 AM

    the BL towel pic is my comp background.

  91. Posted by guest | October 16, 2008 at 11:46 AM
  92. Posted by guest | October 16, 2008 at 11:47 AM
  93. Posted by guest | October 16, 2008 at 11:48 AM
  94. Posted by guest | October 16, 2008 at 11:49 AM
  95. Posted by guest | October 16, 2008 at 11:49 AM
  96. Posted by guest | October 16, 2008 at 11:49 AM
  97. Posted by guest | October 16, 2008 at 11:58 AM

    2 things: number one

  98. Posted by guest | October 16, 2008 at 12:02 PM

    @86. Yes. Now go about your business.

  99. Posted by guest | October 16, 2008 at 12:26 PM

    A lot of us Italians are pretty short, some (but not me) might even have small dicks. But when all else fails, we get it done with our hands.

  100. Posted by blndebnker | October 16, 2008 at 12:47 PM

    @89 – My sincerest apologies. There was a dude not too long ago that I think was serious as he did not defend himself.

  101. Posted by guest | October 16, 2008 at 12:47 PM

    @101 = small dick

  102. Posted by guest | October 16, 2008 at 1:13 PM

    small dick = @101

  103. Posted by guest | October 16, 2008 at 1:25 PM

    Gasparino is a wanna-be mobster. He’s the real life artie bucco.

  104. Posted by diablo | October 16, 2008 at 1:54 PM

    More market manipulation. Lock up the used car salesman from Microsoft.
    SAN FRANCISCO (MarketWatch) — Microsoft Corp. issued a statement Thursday that it has “no interest in acquiring Yahoo,” after the software giant’s CEO had suggested that a merger would make sense for shareholders.

  105. Posted by guest | October 16, 2008 at 1:55 PM

    Take that! CNBC and your bunch of pompous self-indulgent know-it-alls.

  106. Posted by guest | October 16, 2008 at 1:58 PM

    Take that! CNBC and your bunch of pompous self-indulgent know-it-alls.

  107. Posted by guest | October 19, 2008 at 1:18 PM

    CNBC is the biggest pumper-dumper.
    http://weeklyta.blogspot.com

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