So! 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?

Cocaine is a helluva drug
- Larry Kudlow
Well that explains it. Damn and I was hoping he’d go postal on the set one day.
Macke is cool.
Dyl Rat is a douche.
That is all.
What is the frequency, Kenneth?
I like guns.
Do you like guns?
Because I like guns.
Bess, SFK or SKF (the ETF Cramer blames for the financials imploding)?
it should say SKF
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.
@ 7 FTW!!!!!!!
I would like to see Dylan Ratigan participate in one of those Japanese game shows like Unbeatable Banzuke.
@1 – I believe it was rick james, not kudlow…
http://www.comedycentral.com/videos/index.jhtml?videoId=11910&title=true-hollywood-stories-rick
SKF in and out, Bess. He was also long Apple. how bout Gartman been long SDS for ages.since the 70′s.
@12 and they’ll alllll go down togetherrrr…
They don’t call him “Wacky Macke” for nuthin’.
He should’ve gone long SKS.
~the Muleskinner~
Kwakisurpineku! Kwakisurpineku!
dartmouth undergrad and stanford MBA… just goes to show you even tards go to good schools
@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.
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.
Is this just more speculation or do you have some facts to share?
@20 = macke
Is this just more speculation or do you have some facts to share?
@23- can you read? it’s a rumor going around. make of it what you will.
That rumor you heard about me pounding my secretary in her ass is true.
big tymer
#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?
Blood sugars.
Could you imagine paying an asset manager to be long SKF? Some value added….
Pair trade SKF and FSLR, leave the position open, then take a week off to go skiing.
they replaced him on fast money on fri with steve grasso, who’s about as exciting as watching charlie rose.
I hate Dylan Ratigan almost as much as I hate Porker Stansberry
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…”
Macke also traded FAZ which has halved in less than a month.
Dennis Kneale hasn’t slept well since.
The market will had you your ass every once in awhile.
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
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.
fast money guys do it to talk their books. anyone who takes investment clues from them is a grade A bagholder.
fwiw..macke does not manage anyones money but his own now and was long gs, wfc, and skf as a hedge…conclusion jumpers
Jesus! Did Cramer say “Dick’s Hat Band” or “Dick’s Sporting Goods” ?????????
~The Forehead Slapper
fuck yo’ couch, bess! fuck yo’ couch!
I’m going to talk to you like a child. Nod if you understand…I smoke rocks…nod if you understand.
@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…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.
@31 – I resemble that remark. Almost.
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.
@10 -
I’d rather see Dylan Ratigan in a Japanese movie called “Beatable Bukkake”.
#46..i guess ill give up the couple percent for the 240% from last year and this year…idiot
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.
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