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February 11, 2012
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Home
  • Bozell Column: Another Fleeting Failure for NBC
  • Martin Bashir Implies GOP Too Racist to Have Marco Rubio as VP Candidate
  • Barbara Walters, Shameless Hypocrite: Hits Kennedy Mistress for Greed, Tells Her She Should Have Stayed Quiet
  • NY Times Writers Rush to Obama's Defense Like It's Their Job
  • Rachel Maddow Trumpets Inane 'Amish Bus Driver' Analogy for Obama Contraception Rule
  • MRC's Bozell Scolds Media's Reluctance to Cover HHS Birth Control Mandate
  • Chris Matthews Excoriates: Rick Santorum Is a 'Theocrat' and Franklin Graham Is a 'Disgrace'
  • Time's Mark Halperin Concedes: GOP 'Would Be Creamed' by Media for Not Passing a Budget

Jon Najarian

CNBC's Najarian: Drilling Moratorium 'Shows a Tone-Deafness From This Administration'

By Jeff Poor | September 02, 2010 | 17:29

With a 9.6 percent unemployment rate overall in the United States and unemployment rates showing an uptick in states on the Gulf of Mexico that allow offshore oil drilling, one has to wonder what the Obama administration is thinking its Draconian wide-sweeping moratorium halting deepwater drilling in the Gulf after the BP oil spill.

While environmentalists are using today's explosion on a oil production platform in the Gulf to support a drilling moratorium, critics like CNBC's "Fast Money" panelist Jon Najarian have questioned the wisdom of the Obama administration's decision to put up to 75,000 in limbo.

"As far as what was going on in the Gulf, it shows a tone-deafness from this administration," Najarian said on the Sept. 2 broadcast of "Fast Money." "I mean, I'll pound the table for that because I'm not running for office. But I mean, this guy is tone deaf that 75,000 jobs in the Gulf of Mexico that have been idled for no good reason. It's costing all of us and it costs all the places where they would normally spend money as well."

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More Trouble at CNBC? Network's Macke Reportedly at Odds with Management

By Jeff Poor | May 22, 2009 | 14:32

Is there another shakeup imminent at CNBC? Since the economy has been on the rocks, NBC Universal's financial network has been in the spotlight - political tug-of-war and all. This time, another one of the network's star on-air personalities, Jeff Macke, could be out.

Macke had been a cynical, sometimes conservative voice on CNBC's "Fast Money" and in other CNBC and MSNBC appearances, often pointing out flaws in the Democrat-controlled political culture in Washington, D.C. Now, he could be following the same path his former colleague Dylan Ratigan, who left CNBC's "Fast Money" in March.

Jon Najarian, a CNBC contributor and co-founder of OptionMONSTER.com predicted as much in a May 21 post on his Twitter site.

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Media May Have Played a Role in Madoff Scandal, Says CNBC Contributor

By Jeff Poor | December 23, 2008 | 14:09

Is it possible the financial media played a role in facilitating the alleged $50 billion Bernard Madoff Ponzi scheme? An interesting theory by Jon Najarian, CNBC analyst and cofounder of optionMONSTER, contends that they very well may have unwittingly done just that. Madoff, he believes, used media publicity to lure investors to his scheme.

As Najarian explained on CNBC's Dec. 22 "Fast Money," Madoff got his reputation on Wall Street in the payment for order flow business. That's when a brokerage firm receives a payment as compensation for directing the order to the different parties that can execute the order at a lower cost.

"First of all you needed something that was very credible, because what he started off with was very credible," Najarian said. "As we both know, Dylan, he was in the payment for order flow business before anybody else. That meant folks that he was buying on the bid and selling on the offer back when the spread on NASDAQ stocks was 50 cents wide."

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  • Idea of the Democrats better than the reality (Wisc. State Journal)
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