Awkward! (Rickles had said that it was no big deal if the banks don’t lend to one another. Steve begged to differ.)
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Awkward! (Rickles had said that it was no big deal if the banks don’t lend to one another. Steve begged to differ.)
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Rick is a fucking idiot
The infighting is taking over. I imagine CNBC will soon resemble Lord of the Flies.
santelli: “who cares if they don’t let to each another?”
hmm. I think a few people might.
Can someone please explain why Ivanka Trump is co hosting sqwauk box???WTF does she know about anything except spending daddy’s money???
@4, female or gay?
@4- well, actually, she does work for his firm. But she clearly has place on Squawk Box, and in answer to your question, likely because the don’s show is on fellow GE-owned network NBC.
@4 because Cramer is on the Apprentice this week and Joe Kernan was on last week. Is she really any worse than the typical clueless long only fund manager guest host? Definitely much better to look at and CNBC already lost all credibility long ago
Rick has the knowledge and experience to back up his comments… Liesman is a reporter who thinks he’s an economist.
@8- “Rick has the knowledge and experience to back up his comments.”
too bad he didn’t take the opportunity to actually do that?
@8- does it matter if the banks lend to one another? your boy bitch rick said it didn’t. you agree with that? oh, and tell us again about Rick’s “knowledge and experience.”
Santelli is being “packaged” poorly by CNBC. Santelli’s “positive’s envelope” has now been stretched too thin and “lash-back” is being observed. For example, see comment @1.
@5 Back Office Clerk or Mail Room Boy?
@9… I’m not sure I believe the whole “threats to my family excuse” so on one level I agree…On another level, despite Santelli’s passionate rants, I don’t think he’s as much of an attention whore as the other CNBC clowns and I think he realized he had nothing to little to gain by going on Jon Stewart…. I think Jim Cramer’s public humiliation might have shown that Santelli made a wise decision…
I think on CNBC there are a lot of TV Personalities (hesitant to call them reporters because it is a dog and pony show) who think b/c they work for a business network they are experts….
Santelli’s is one of the few, employed by CNBC, whose opinion I respect. Liesman is a joke.
CNBC has Zero Credibility left, parading Ivanka Trump out on a Friday morning and placing her in a seat where she can show off her body…hahahaha what a joke! I am switching to Bloomberg.
santelli – liesman, tiresome. they’re like an old married couple. both of them are so smug when they think they’re right.
ivanka – eye candy for all the pervs on the desk. even though she does “corp dev” for daddy, I’m not sure she’s qualified to speak about all the issues affecting the economy. at least she’s articulate. chalk it up to ge doing some not so subtle product placement.
@13- so, he has no idea what he’s talking about, but because he’s not an attention whore we should be happy? and when I said he didn’t back up his comments I didn’t mean on Stewart, I meant this morning to Liesman.
CNBC equals Ass Clown City!
@10 Missed the beginning of the rant because I was in a meeting… I’ll check out the video if it gets posted online… However, I think a guy that’s been around the CME since the 70′s and was VP of Interest Rate futures & Options might know a thing or two about banks lending to eachother….
What’s your resume? What’s Liesmans resume?? Former editor of the WSJ? not impressed…
You zealots are all “Who is John Galt, let GM fail, let Yahoo fail, etc, etc” then, Rick says “Yeah, and the banks too”
Then, it’s all; “Rick’s an idiot, you don’t understand, No, no, we are super-hyper-ultra-special. We are banks!!!!”
Pathetic. Is it any wonder the rest of the world calls us whores?
Actually thought Ivanka sounded alot sharper than many guests CNBC’s had on, and yes, 1000000x better to look at than Jack Welsch (etc)
@19- um, it was liesman who said he didn’t know anything.
@18- if you can’t back up the shit that comes out of your mouth, no one gives a fuck what your resume looks like.
“Trump attended Choate Rosemary Hall in Wallingford, Connecticut, as well as Chapin in New York City. After graduation, she spent two years at Georgetown University, then transferred to and graduated[2][3][4] from the Wharton School at the University of Pennsylvania– her father’s alma mater– with a bachelor of science in economics in 2004″
http://en.wikipedia.org/wiki/Ivanka_Trump
@23 – are you suggesting that 5 years post undergrad qualifies you to wax poetic? the pedigree is similar to just about every guy/girl working on wall street (except she’s on the short end of the experience continuum)
@22 and you are backing up your comments perfectly… Have fun in marketing class today.
“Trump is in a relationship with Jared Kushner, owner of The New York Observer,[10] and is converting to Judaism.[11]“
Liesman is a journalist w/ NO econ background other than what hears hears and what he’s told to say. His talent is that he presents himself in a way that the average viewer thinks this guy must know what he’s talking about. Kudlow has lost his mind, Cramer is a buffoon, but Liesman is the real bullshitter in that group – he does it with ease.
Santelli knows futures exchanges, but doesn’t know dick about how to resolve a banking crisis. His infatuation with inflation last fall shows that he doesn’t understand how a collapse of the banking system can destroy and economy. And his purist free-market approach tells me he’s never bothered to study how banking crises are cleaned up or what the role of the lender of last resort is.
http://www.ivankatrumpcollection.com/
what’s with all this bashing on my lovely iwanna hump? she’s more articulate than more than half of the clowns they put on this show and i think she’s well prepared with the issues facing the economy – i’m also hard now…
All you folks bashing CNBC and “switching to Bloomberg”: Why are you getting your news/ recommendations/ insight from the f’ing teevee? Seriously. Do some research, read a little bit. Pretty ladies are nice on a Friday, so yeah, Ivanka’s okay with me. I don’t expect to be wowed (at least by CNBC’s insight).
She’s also pretty smart, but that’s really beside the point.
“Born in Bronxville, N.Y., Mr. Liesman received a bachelor’s degree in English from the State University of New York at Buffalo and a master’s degree from the Columbia Graduate School of Journalism.”http://en.wikipedia.org/wiki/Steve_Liesman
Rick vs Trump?
I think we all know who is more credible.
Give that girl a contract.
28 Forget Santelli and his “free market approach” please call Geithner, Bernanake, Obama and Co. and let them know you have the answer.
“Santelli graduated from the University of Illinois at Urbana-Champaign and has been a member of the Chicago Mercantile Exchange and the Chicago Board of Trade. He began his career in 1979 as a trader and order filler at the Chicago Mercantile Exchange in markets that included gold, lumber, CD’s, T-bills, foreign currencies and livestock. While at the University of Illinois at Urbana-Champaign Santelli joined Alpha Sigma Phi fraternity.”
http://en.wikipedia.org/wiki/Rick_Santelli
“After college, Santelli began trading in 1979 at the Chicago Mercantile Exchange in various markets, including commodities, CD’s, Treasuries, and currencies.[3]
During the time he spent as a financial trader and executive, Santelli would work for Drexel Burnham Lambert as the Vice President of Interest Rate Futures and Options.[3]”
http://en.wikipedia.org/wiki/Rick_Santelli
The trumps are ubiquitous. Don’t forget the apprentice is on the network. they are constantly having the CNBC celebrities on the apprentice. Turn about is fair play.
@37 – see comment @15 re “not so subtle product placement”
LOBSTERWAGON
Liesman is just a cheerleader for the fed. they feed him info and he defends them at every opportunity. Santelli seems to have genuine opinions, dosent mean theyre good though.
what a loser, and whats up with the creepy, shit eating, child molesting fake ass smile that he does?
#38, you nailed it.
ivanka was on to push her product, born on 2d base and thinks she hit a triple. donny d, ivanka t, it’s pathetic. hope they’re paying cnbc to appear.
“Santelli seems to have genuine opinions, dosent mean theyre good though.”
end of discussion. we’re not here to make friends, I don’t give a fuck if you have a genuine opinion, I care if it’s actually one with any basis in reality. Rick’s “genuine opinion” today did not pass that test.
Whatever, Leisman is a not even entertaining to watch. Santelli is one hundred times more valuable to the network that Leiman.
Trump is usually well versed on whatever topic she picks to speak about. And the fact she is fucking nails makes it all the better. And besides, who has the volume on at work?
Jesus it is Friday, nice out and everyone is arguing about 2 idiots. Everyone take a deep breath, it is only CNBC.
@45- “Whatever, Leisman is a not even entertaining to watch.”
We’re debating who has a clue and who doesn’t, not which is the most “entertaining to watch.”
Bottom line, if Ivanka wasn’t Donald Trumps daughter she would be no different than every other wanna be secretary on Wall Street and stilol she is no more qualified to discuss economic issues in front of millions of viewers.
“If you can’t get a girl, get a Choatie.”
-Silvia Wadwha
Leisman is an idiot? I found the whole clip very insightful:
Rick: Let’s take a look at my teleprompter, there’s a 5 and a 6 that was a 4 but adjusted to a 9, but something is going to change that could possibly cause the next number to be different.
Joe: That’s really interesting, let’s get another expert to tell us something.
Steve: Let me look at my script here, let’s see… there’s a lot of numbers with commas and decimals that I’m not sure about but I’m sure it’s a good reason to be bullish.
Ass-clown: Well the market is a bit unclear from here. It went up one day, but it went down another so my analysis is a bit unclear. I think that if we can rally the market, it will go up.
Joe: I think that at 8 we’re probably above 7 but below 9. I think that the market might change in the future, what do you think?
Ass-clown: [Nonsense here….]
(Rick to producer: “Put me back on the screen and I’ll say something really smart!”)
Rick: I don’t talk to experts like Joe here, but the gerbil in my ass told me that we don’t need businesses and lending. We just need the market to go up. And yes, the gerbil does talk.
You can’t handle the truth!!
boycott all obama networks
boycott retard comments (example: 52).
So now liesman is picking a fight with Larry Kudlow? If he were female, everyone would be saying “it’s that time of the month.”
I mute my TV when Santelli talks. He’s such a moron.
@33 Don’t call Rick a girl
Soon to be…Ivanka Trumpstein…or Trumpowitz! Oy vey!
TGFD is with Rick…
“Bring back Glass-Steagall.”
BTW, that is point #1 on TGFD’s “Eight-Point Financial Resurrection Plan” that TGFD wrote on March 23rd.
The Guy from Delaware
“TGFD is with Rick…”
of course he is.
I’m with TGFD:
“Bring back Glass-Steagall.”
I’m def not with Rick.
We can all tell our grandchildren about capitalism some day…
“I don’t talk to experts like Joe here, but the gerbil in my ass told me that we don’t need businesses and lending.”
That’s the same gerbil who was once crowned King after making his way all through Mr. Slave’s digestive system, right?
Squawk Box had Arianna Huffington last month and today Ivanka Trump.
It won’t shock me if anytime soon they have Maxine Waters.
Don’t think Rick really wanted to fight with Steve thas AM.
Rick has his own opinions. Right or wrong only history will tell who was right and who was wrong. My bets on Rick.
Leisman is just another Obama admiistration buttboy. Total idiot!
@50-
The gerbil? Griffin’s in Santelli’s ass? I’m going to have to do some investigative reporting at the Elephant and Castle in about an hour.
I can find Santelli by looking for the ubiquitous cloud of cigarette smoke over his head. Marlboro lights.
-mrp
@53
not possible, this place would be a ghost town.
….and now for the obligatory “kill yourself”.
I would like CNBC to bring US Senator Chuck Grassley from Iowa and ask him about the people he wants to see dead.
Even if Rick was a Jesus, he has a mayor flaw. He never shuts up and listens, all he does is wait for his turn to speak.
Ironic that segment sponsor seems to be from the one country who has a clue about how to run a banking system.
if Rick is so smart, why doesn’t he get braces for those chicklets masquerading as teeth
Pay your bills libs.
@50 BRILLIANT!! my co workers think I’m creepy now because I just started sponateously laughing.
*spontaneously
Not sure why everyone even cares about this besides that it’s fun to argue. Bloomberg trumps CNBC any day. Either cut off the TV or flip the channel.
Ivanka is actually pretty smart and this isn’t the first time she’s been on the show. They have her on because they all like her, not because Cramer is on the App this week. So she’s not John Bogle, so what? She’s fresh and has some interesting things to say (did the Trump haters actually watch today?)
Santelli is off-the-cuff but almost always right, is not a smug guy, very down to earth, and his version of populist backlash is pretty spot on most of the time. Perhaps he is not marketed well, but, yes, he does understand Money and Banking 101, his comments about banks lending to each other was obviously meant on a relative basis (he means right now, how important is it when loan demand is drastically shrinking).
Liesman is a arrogant know-it-all journalist who thinks he’s an Administration economist, talks down to everyone even though he’s never made a penny on the Street, is way over his skis on any subject other than this morning’s particular number, and has become decidedly an apologist for Treasury and the Fed lately, hardly un-biased.
That said, these little tiffs are CNBC manufactured, don’t kid yourself…
@74 why would we do that when it’s way more entertaining to argue until we’re blue in the face?
@75 = Santelli’s gerbel
If Santelli is so freaking smart why does he keep using his made up word in his phrase “Allzz I know …” Maybe he should be the one to go to the library and look up the word “all”. Dumbass.
wawa wewa
I genuinely enjoy reading everyones comments and how bad they completely miss the point.
Attacking someone’s credentials rather than the actual argument itself and making the claim that because Santelli worked on a trading floor that he’d have any idea how the interbank market works. Brilliant.
Santelli is superficial.
Bloomberg:Regulators used the market shocks of the second half of 2008, when Lehman Brothers Holdings Inc. declared bankruptcy, as the model for testing banks with trading portfolios of $100 billion or more.
HaHa!! Santelli said they would use this as a model. There is 0 outside the box / creative thinking by these morons.
Government in charge = Fail
@74
is that because the O administration does not influence Bloomberg like they do over at CNBC?
Yes I assign tons of credibility to someone the minute they say “Allzz I’m saying iz…” Of course when it’s followed by, “Who cares if the banks lend to each other?” well, heck, he’s a Rhodes Scholar at that point. I’m going to Fox Business. Smart people who are way hotter.
CNBC: Please get rid of the Maria B. i am cnbc commerical! If she can have hers aired, why not everyone else’s???
Luckily For Santelli, O’going to make education cheaper…