“100+ got clipped this week in the Real Estate finance group.”
CNBC
[via MandyCNBC]
For those of you who’ve been missing the CNBC anchor since she parted ways with the network last March, a Christmas miracle: she’ll be joining Bloomberg TV January 9 co-hosting “Street Smart” from 3-5PM, pitting her against former colleague Maria Bartiromo and the “Closing Bell” time slot. In related news, the whereabouts of departed CNBC personality Dennis Kneale are still unaccounted for.
Technically, they owe CNBC the 845 but Corzine is probably more worried about invoking the ire of some anchors more than others, like Jim Cramer, who “is fine” with being an unsecured creditor. Continue reading »
“The only regulation that works is failure”? “I’ll buy you a big breakfast, just not your neighbor’s mortgage”? One measly foot stomp? Come on Ricky. Remember when these things had a hint of authenticity? When you threatened to throw synthetic CDOs into Lake Michigan? When we actually believed you might give yourself a hernia? It’s like you’re not even trying anymore. Short-Sleeves Shirt shouldn’t be laughing, he should be calling the cops. Continue reading »
collector's item
According to the Fed, which changed its tune from “exceptionally low levels for the federal funds rate for an extended period” to “exceptionally low levels for the federal funds rate at least through mid-2013.” From the Fed’s statement:
The Committee currently anticipates that economic conditions–including low rates of resource utilization and a subdued outlook for inflation over the medium run–are likely to warrant exceptionally low levels for the federal funds rate at least through mid-2013. The Committee also will maintain its existing policy of reinvesting principal payments from its securities holdings. The Committee will regularly review the size and composition of its securities holdings and is prepared to adjust those holdings as appropriate.
Three governors preferred to keep it vague. Continue reading »
First thing you see on TV, that is, as ARS is replacing Carl Quintanilla on Squawk Box. Apparently the CNBC team searched high and low for the right person to recreate the raw chemistry between the long-running threesome of Joe, Becky and Carl and concluded Sorkin’s the man for the job. Continue reading »
Not feeling so hot today? Kind of wishing it wasn’t frowned upon to catch a few winks under your desk or curled up in the stall of the men’s room? Vowing to never again consume the amount of alcohol you did over the past three days, so help you god? CNBC knows it’s not possible for you to lay off the sauce for more than 12 hours but if you’re willing to get real for 1 sec, would like to help. On Worldwide Exchange this morning guest Tina Hedges recommended “prevention” as the best cure for a hangover, which comes in the form of a drink she suggests downing before alcohol called “Mercy,” marketed and sold by her firm. Mercy apparently works its magic through “a propriety blend of amino acids, vitamins and minerals” and is available online. If that doesn’t sound like something you’d be interested, CNBC’s John Carney, who anchor Nicole Lapin billed as “our resident expert of sorts” when it comes to hangovers, offered his his 5-Step Cure, which are as follows: Continue reading »
…which in turn reminded him of Dorothy’s shoes à la the Wizard of Oz and which naturally called for another edition of what for some reason has become a series of interviews with CNBC employees, by CNBC employees. In addition to shoes, other topics covered include flying monkeys. Continue reading »
