Picture 1415.pngSo! As you’re aware, Jeff Macke had something of a bizarre appearance during an interview with Dennis Kneale on CNBC last week, prompting viewers and network execs alike to wonder if he was on something or had just lost it independent of stimulants. His contract, which may or may not run out without a renewal, is up in June, so that’s apparently been a source of stress for J. Mack, as has HR being on his ass over a playful repartee with former Fast Money host, Dylan Ratigan. The episode of course could’ve been nothing and tied to nothing and merely the Mackster’s lighthearted attempt to get through an hour with Dennis Kneale, but here’s another conspiracy theory, for those interested in that sort of thing:

Macke was short financials, long SKF, etc. His asset management arm blew up and blew out. Might be why he lost it.

Earlier: What’s Up With Jeff Macke?

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Comments (49)

  1. Posted by guest | May 26, 2009 at 1:23 PM

    Cocaine is a helluva drug
    - Larry Kudlow

  2. Posted by guest | May 26, 2009 at 1:25 PM

    Well that explains it. Damn and I was hoping he’d go postal on the set one day.

  3. Posted by guest | May 26, 2009 at 1:26 PM

    Macke is cool.
    Dyl Rat is a douche.
    That is all.

  4. Posted by guest | May 26, 2009 at 1:27 PM

    What is the frequency, Kenneth?

  5. Posted by guest | May 26, 2009 at 1:32 PM

    I like guns.
    Do you like guns?
    Because I like guns.

  6. Posted by guest | May 26, 2009 at 1:32 PM

    Bess, SFK or SKF (the ETF Cramer blames for the financials imploding)?

  7. Posted by guest | May 26, 2009 at 1:36 PM

    it should say SKF

  8. Posted by guest | May 26, 2009 at 1:37 PM

    That was some of the best television I’ve seen in a while. I say keep Macke as is – don’t even increase his meds, leave him be.

  9. Posted by guest | May 26, 2009 at 1:41 PM

    @ 7 FTW!!!!!!!

  10. Posted by guest | May 26, 2009 at 1:41 PM

    I would like to see Dylan Ratigan participate in one of those Japanese game shows like Unbeatable Banzuke.

  11. Posted by Investorcluzo | May 26, 2009 at 1:56 PM
  12. Posted by guest | May 26, 2009 at 1:58 PM

    SKF in and out, Bess. He was also long Apple. how bout Gartman been long SDS for ages.since the 70′s.

  13. Posted by guest | May 26, 2009 at 2:02 PM

    @12 and they’ll alllll go down togetherrrr…

  14. Posted by guest | May 26, 2009 at 2:09 PM

    They don’t call him “Wacky Macke” for nuthin’.

  15. Posted by guest | May 26, 2009 at 2:12 PM

    He should’ve gone long SKS.
    ~the Muleskinner~

  16. Posted by MichelleObamasPenIsMightier | May 26, 2009 at 2:15 PM

    Kwakisurpineku! Kwakisurpineku!

  17. Posted by guest | May 26, 2009 at 2:17 PM

    dartmouth undergrad and stanford MBA… just goes to show you even tards go to good schools

  18. Posted by guest | May 26, 2009 at 2:19 PM

    @17: Don’t worry scrote. There are plenty of ‘tards out there living really kick ass lives. My first wife was ‘tarded. She’s a pilot now.

  19. Posted by guest | May 26, 2009 at 2:25 PM

    And here I figured I was the only one watching Idiocracy yesterday.
    Too bad Mike Judge didn’t wait a few more years before making the movie. So much more material to work with these days.

  20. Posted by guest | May 26, 2009 at 2:50 PM

    Is this just more speculation or do you have some facts to share?

  21. Posted by guest | May 26, 2009 at 2:50 PM

    @20 = macke

  22. Posted by guest | May 26, 2009 at 2:50 PM

    Is this just more speculation or do you have some facts to share?

  23. Posted by guest | May 26, 2009 at 2:51 PM

    @23- can you read? it’s a rumor going around. make of it what you will.

  24. Posted by guest | May 26, 2009 at 2:58 PM

    That rumor you heard about me pounding my secretary in her ass is true.
    big tymer

  25. Posted by Equity Private | May 26, 2009 at 3:03 PM

    #20 posts this worthless drivel:
    “Posted by guest, May 26, 2009 2:47PM
    Oh right, SKF going from $49 to $41 is going to blow up an asset management arm?
    And we the commenter get a scolding for posting worthless drivel? Come on Bess..”
    Where exactly are you getting $49 to $41? Mid-April SKF was as high as $76 and hit $38 May 8th and hasn’t really recovered since (mid-$43s right now). So what exactly are you talking about?

  26. Posted by guest | May 26, 2009 at 3:06 PM

    Blood sugars.

  27. Posted by guest | May 26, 2009 at 3:06 PM

    Could you imagine paying an asset manager to be long SKF? Some value added….

  28. Posted by guest | May 26, 2009 at 3:10 PM

    Pair trade SKF and FSLR, leave the position open, then take a week off to go skiing.

  29. Posted by guest | May 26, 2009 at 3:12 PM

    they replaced him on fast money on fri with steve grasso, who’s about as exciting as watching charlie rose.

  30. Posted by guest | May 26, 2009 at 3:22 PM

    I hate Dylan Ratigan almost as much as I hate Porker Stansberry

  31. Posted by guest | May 26, 2009 at 3:23 PM

    I had a meltdown some time back myself. Ripped off all my clothes and wrapped myself in see-through Saran Wrap. When a psychiatrist could finally visit me he stated, “Well, I can clearly see you’re nuts…”

  32. Posted by guest | May 26, 2009 at 3:25 PM

    Macke also traded FAZ which has halved in less than a month.

  33. Posted by guest | May 26, 2009 at 3:26 PM

    Dennis Kneale hasn’t slept well since.

  34. Posted by guest | May 26, 2009 at 3:27 PM

    The market will had you your ass every once in awhile.

  35. Posted by guest | May 26, 2009 at 3:31 PM

    Not for nothing, but if my asset manager is stressed about his CNBC contract, I really don’t want him managing my money.
    I always thought the talent on CNBC did it for sh!ts and giggles with the implicit knowledge that it raised their visibility and therefore made it easier to raise $.

  36. Posted by guest | May 26, 2009 at 3:34 PM

    @36
    Bingo!
    That’s why this CNBC contract red herring doesn’t compute.
    This is starting to look like this guy got stabbed in the back by someone at CNBC.

  37. Posted by guest | May 26, 2009 at 3:35 PM

    fast money guys do it to talk their books. anyone who takes investment clues from them is a grade A bagholder.

  38. Posted by guest | May 26, 2009 at 3:49 PM

    fwiw..macke does not manage anyones money but his own now and was long gs, wfc, and skf as a hedge…conclusion jumpers

  39. Posted by guest | May 26, 2009 at 3:59 PM

    Jesus! Did Cramer say “Dick’s Hat Band” or “Dick’s Sporting Goods” ?????????
    ~The Forehead Slapper

  40. Posted by guest | May 26, 2009 at 4:08 PM

    fuck yo’ couch, bess! fuck yo’ couch!

  41. Posted by guest | May 26, 2009 at 4:15 PM

    I’m going to talk to you like a child. Nod if you understand…I smoke rocks…nod if you understand.

  42. Posted by guest | May 26, 2009 at 4:16 PM

    @29 – LOL! Should I long SKF and short FSLR or the flipside? It’s probably a great trade either way.
    I’m only asking because I’m gonna do some summer skiing next week (probably Bolivia or Columbia), and I want to leave large open positions that could potentially bankrupt me while I have no access to the outside world.

  43. Posted by guest | May 26, 2009 at 4:26 PM

    @43…there used to be an energy trader on a desk in Houston who would do that–put on a huge spread and leave town. Got fired twice. Each time he whined that “no one got me out while I was skiing….!” I think that was because they were trying to get rid of him. Sort of like the hero in the movie Serpico when he got stuck between the cops on one side of a door and the drug dealers on the other and the dealers shot him in the face while his cop buddies stood there and let it happen.

  44. Posted by Porker Stankleberry | May 26, 2009 at 5:53 PM

    @31 – I resemble that remark. Almost.

  45. Posted by guest | May 26, 2009 at 6:45 PM

    dont look now, but all you fuctarded shorts just lost another few percent of your capital.
    keep up the good work and keep listening to booktalkers as if they were objective fuctards. srsly. keep it up, double down and leverage yourself…you are SPECIAL PEOPLE, just like mommy told you.

  46. Posted by KevinB | May 26, 2009 at 9:35 PM

    @10 -
    I’d rather see Dylan Ratigan in a Japanese movie called “Beatable Bukkake”.

  47. Posted by guest | May 27, 2009 at 2:32 PM

    #46..i guess ill give up the couple percent for the 240% from last year and this year…idiot

  48. Posted by guest | May 27, 2009 at 3:30 PM

    http://www.businessinsider.com/confirmed-jeff-macke-is-done-at-cnbc-2009-5
    the last commenter says he emulates Macke’s irreverent and cynical style. Everybody loves it and he gets laid a lot more.
    See? Every life serves a purpose, even if it serves as a warning of what not to do.

  49. Posted by Cheptemn | April 14, 2012 at 6:09 AM

    check knock off louis vuitton for more detail

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