• 21 Jan 2011 at 8:07 AM

Live-Blogging The David Tepper CNBC Appearance

By Bess Levin

7:59 The last time the Appaloosa founder was on CNBC he sparked the “Tepper-Rally” in the stock market and Joe Kernen came thisclose to fellating him on live TV. What are we in store for today? Stay tuned.

8:03: Kernen describes Tepper’s appearance this morning as being as hotly anticipated as the LeBron James decision.

8:05: JK, a television anchor: “I know you hate TV, so we thank you so much for coming on. I hate TV too!” (Samesies!)

8:10 Tepper has started a campaign to raise $15 million to feed the needy in New Jersey. Bank of America, JPMorgan and other NJ hedge funds have committed almost $9 million to the charity. It’s a good cause! Read more about it here.

8:15 Kernen wants to get back to how hot Tepper looks. A picture of Brass Balls that ran in the Post is shown; JK tells him, “You’ve never looked better.”

8:17: Tepper says “QE2 worked.”

8:22 Tepper thinks it’ll be 15-20 years before employment levels get back to where they were.

8:30 DT: “We’re no longer in an everything will go up kind of market”

8:32 “You’ve still got to worry about Europe. You’ve got to worry about China a little bit. We are at a higher level, but pretty darn good. So you can’t be too negative but you can’t be uncautious.”

8:35 Appaloosa is long Dean Foods Co because they like almond milk, soy milk and stuff like that; they also like semiconductors and equipment companies, including Micron Tech

8:37 Currencies and gold are “tough right now,” oil and other industrial commodities will be stronger due to global growth

8:41 Tepper informs Joe Appaloosa has a bet going re whether or not he wears a rug.

8:43 Teppo won’t bet on the outcome of the Steelers/Jets game only because NFL ownership rules preclude him from doing so.

8:45 Joe: When will we get to see you again? Tepper: I’m not going anywhere Joe, don’t worry. Joe: I just…we just like to be able to keep up with you.

Update: Re-live the loving glances:


Part II and Part III.

Comments (37)

  1. 1
    Posted by Guest | January 21, 2011 at 1:14 PM

    Lalaappaloosa!

  2. 2
    Posted by guest | January 21, 2011 at 1:22 PM

    Is it too late to go long restaurants with lousy service?

  3. 3
    Posted by Guest | January 21, 2011 at 1:27 PM

    Kernen- Ask if he was the one that got laid by 4 Asians in 5 Hours.

    -NTK

  4. 4
    Posted by JackWelch | January 21, 2011 at 1:29 PM

    kernen refuses to imagine tepper getting blown by anyone but himself.

  5. 5
    Posted by Guest | January 21, 2011 at 1:33 PM

    nope!

    -DT

  6. 6
    Posted by Guest | January 21, 2011 at 1:36 PM

    I just came 3 times during the commercial break.

    -JK

  7. 7
    Posted by Guest | January 21, 2011 at 1:42 PM

    now 4.

    -JK

  8. 8
    Posted by Anon | January 21, 2011 at 1:44 PM

    are you no longer allowed to say balls to the walls on cnbc?

  9. 9
    Posted by BLACK AND GOLD | January 21, 2011 at 1:47 PM

    HERE WE GO STEELERS, HERE WE GO!!!

  10. 10
    Posted by Anon | January 21, 2011 at 1:48 PM

    you better check yourself before you wreck yourself.

    -woody j

  11. 11
    Posted by Frank Stallone | January 21, 2011 at 2:06 PM

    “I bet Joe Kernan wouldn’t mind seeing Tepper in the CNBC locker rooms!” – Chaz Gasparino

  12. 12
    Posted by Anon | January 21, 2011 at 2:13 PM

    never attempt humor again.

  13. 13
    Posted by costanza | January 21, 2011 at 2:43 PM

    I can’t believe Tepper refused to let Joe rub oil on his bald head.

  14. 14
    Posted by Larry Kudlow | January 21, 2011 at 2:51 PM

    http://www.youtube.com/watch?v=8T97f2kBzOQ

  15. 15
    Posted by M. Taibbi | January 21, 2011 at 2:58 PM

    1. Buy Dan Foods stock.
    2. Ask banks and hedge funds for money to feed the needy.
    3. Use donations to buy a shitload of Dan Foods almond milk for said needy people.
    4. Profit from rise in price of Dan Foods shares.

    The gig is up, Tepper.

    I

  16. 16
    Posted by Covey 01 | January 21, 2011 at 3:19 PM

    What does Dave have on his lap?

  17. 17
    Posted by Guest | January 21, 2011 at 3:20 PM

    never seen a pair of balls before?

  18. 18
    Posted by Tipper Gore | January 21, 2011 at 3:22 PM

    You! You’re…you’re no gentleman.

  19. 19
    Posted by Covey 01 | January 21, 2011 at 3:26 PM

    Naa, not brass balls, Not golden balls. The golden sack.

  20. 20
    Posted by Guest | January 21, 2011 at 3:32 PM

    LB/GS are the golden scrot. Tepper is the lucky brass balls. Know your god damn testicles.

  21. 21
    Posted by Guest | January 21, 2011 at 3:40 PM

    http://www.youtube.com/watch?v=UePtoxDhJSw&ob=av3el

  22. 22
    Posted by Guest | January 21, 2011 at 3:40 PM

    http://www.youtube.com/watch?v=UePtoxDhJSw&ob=av3el

  23. 23
    Posted by Guest | January 21, 2011 at 4:26 PM

    Tepper was GS, started appaloosa when they wouldn’t make him partner

  24. 24
    Posted by Guest | January 21, 2011 at 4:26 PM

    Tepper was GS, started appaloosa when they wouldn’t make him partner

  25. 25
    Posted by Guest | January 21, 2011 at 4:26 PM

    Tepper was GS, started appaloosa when they wouldn’t make him partner

  26. 26
    Posted by guest | January 21, 2011 at 4:26 PM

    YOU GET A TOWEL AND YOU GET A TOWEL… AND YOU GET A TOWEL !!!!

  27. 27
    Posted by Anon | January 21, 2011 at 4:33 PM

    hence him not having a golden scrot but, rather, brass ones.

  28. 28
    Posted by Guest | January 21, 2011 at 4:37 PM

    pretty sure people who are merely MD still get to goldscrot. do they make you undo it when you leave? How do the mechanics of that work?

  29. 29
    Posted by Guest | January 21, 2011 at 4:37 PM

    pretty sure people who are merely MD still get to goldscrot. do they make you undo it when you leave? How do the mechanics of that work?

  30. 30
    Posted by It is DEAN foods jerkwad | January 21, 2011 at 4:45 PM

    what the hell is Dan Foods?

  31. 31
    Posted by Supraman | January 21, 2011 at 5:02 PM

    New here? Bess has blogged extensively about the process.

  32. 32
    Posted by CurrencyTrader | January 21, 2011 at 5:24 PM

    Pittsburgh is a shit city. Come play with the real ballers in New York. LET’S GO JETS

  33. 33
    Posted by Anon | January 21, 2011 at 5:27 PM

    you’re a fag.

  34. 34
    Posted by guest | January 21, 2011 at 6:28 PM

    Can’t wait… for the Tepper crash

    - Bart Scott

  35. 35
    Posted by Guest | January 21, 2011 at 8:38 PM

    Thought CT was SF-based? In addition to all the fake places he works, cannot he not keep track of all the places he lives?

  36. 36
    Posted by CurrencyTrader | January 21, 2011 at 10:51 PM

    I love New York. And yes I live in SF. I also love that everyone knows about me and where I live. I came, I saw, I conquered dealbreaker.

  37. 37
    Posted by Anonymous | February 11, 2011 at 3:46 PM

    San Francisco sucks, you suck, suck yourself off.

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