CNBC's Santelli Rips Media for Ignoring 9/12 DC March

September 14th, 2009 3:13 PM
Not everyone at the NBC Universal umbrella of networks got the gag order memo about the Sept. 12 march on Washington, D.C. Rick Santelli, who has been a target of the Obama White House and is credited with being the inspiration for the 2009 tea party movement, spoke out about how the media ignored the march. But, a year after the fall of Lehman Brothers, he was making the larger point that the…

USB's Cashin: Market Conditions 'Reminiscent' of Lead Up to 1987 Crash

September 11th, 2009 4:43 PM
The Dow Jones Industrial Average (DJIA) has climbed nearly 45 percent since hitting a March 9 low. The S&P 500 (S&P) is up nearly 53 percent. And the NASDAQ (NASDAQ) has soared a whopping 61 percent since the March bottom. But that rally has some analysts shaking their heads. Art Cashin, a CNBC regular who also makes frequent appearances on CBS and NBC news programs to offer insight on…

Stratfor's Friedman: 'Probability of Bernanke Being Reappointed to the

August 11th, 2009 3:46 PM
Ben Bernanke's able use of monetary policy to steer the economy during the current financial crisis sometimes makes it easy to forget that Bernanke helped steer the ship into that crisis early in his term as Federal Reserve Chairman and a member of the Fed's Board of Governors. That's a point Strategic Forecasting (Stratfor) founder and CEO George Friedman made when asked the likelihood of…

CNBC Guest Host Explains How TARP is Driving Up Oil Prices

August 3rd, 2009 4:03 PM
Chalk another one up to the law of unintended consequences. Last fall, the media promoted the $700-billion TARP bailout. During the weeks and months leading up to that bailout, they were also on board with cracking down on oil speculators for driving up the price of oil. But now it seems the TARP program is contributing to oil speculation. On Aug. 3, Richard Bernstein, CEO of Richard Bernstein…

CNBC Goes into 'Crisis' Mode at Height of ObamaCare Debate

July 31st, 2009 12:32 PM
Balanced? Sure. Hyperbolic? Definitely.Invoking the word "crisis" might conjure up images of a Category 5 hurricane bearing down on the U.S. Gulf Coast or some other situation where decisive action much be taken to avert impending doom. But, is it appropriate to suddenly attach it to the key issue put forth by Obama administration, such as health care? On July 30, CNBC dedicated its three-hour…

GE's Jeff Immelt: Global Warming 'Compelling'; Cap-and-Trade Most 'Eff

May 20th, 2009 3:17 PM
General Electric (NYSE:GE) is the parent company of the major media conglomerate NBC Universal, which owns media outlets NBC, MSNBC and CNBC. At times that has led to the lines between corporate advocacy and journalism being blurred. That was certainly the case when GE's CEO Jeff Immelt appeared on CNBC's "Squawk Box" May 20 to discuss the White House meeting of President Barack Obama's 16-…

CNBC Allows Santelli to React to Tea Parties: 'I'm Pretty Proud of Thi

April 15th, 2009 9:48 AM
While Fox News has celebrated the Taxpayer Tea Party rallies and MSNBC has denigrated them, the impetus of the movement - CNBC and specifically Rick Santelli, its inspiration - had been conspicuously quiet about it. But on CNBC's "Squawk Box" April 15, co-host Joe Kernen asked Santelli what he thought of being a "cultural phenomenon." That was the same show Santelli famously called out President…

Kurtz Acknowledges CNN’s Lack of Tea Party Coverage -- On His CNN Sh

April 12th, 2009 7:48 PM
With the Tax Day tea party rallies just three days away, outside of the Fox News Channel, the coverage has been lacking. And, it was something that even Washington Post media columnist and host of CNN's "Reliable Sources" Howard Kurtz acknowledged on his April 12 program. "The folks at Fox News have found something to be for in this age of Obama," Kurtz said. "They are firmly in favor of tea…

Howard Dean: Part-Time CNBC Contributor, Part-Time MoveOn.Org Activist

April 3rd, 2009 1:20 PM
Since former Vermont Gov. Howard Dean stepped down as the chairman of the Democratic National Committee, he has ventured into other opportunities. One of those opportunities was to be a business pundit for the financial news channel CNBC, even though Dean's background prior to politics was in medicine. But just over a week later, in an e-mail dated April 2 to MoveOn.org mailing list subscribers…

Santelli vs. Huffington -- CNBC Reporter Takes on Liberal Blog Editor

March 31st, 2009 2:00 PM
Both have loyal following, but their fans are on opposite sides of the political spectrum. CNBC's Rick Santelli rose to prominence earlier this year when he railed against President Barack Obama's policies on live TV from the floor of the Chicago Mercantile Exchange. He's a hit with conservatives staging tea parties to protest the bailout culture in Washington throughout the country.  Arianna…

Liberal Blog Co-Founder/Editor Arianna Huffington to Guest Host CNBC M

March 25th, 2009 12:24 AM
Perhaps this post could be headlined "CNBC Continues to Atone for Its Outspoken Obama Criticism." As if announcing Democratic National Committee chairman and former Vermont Gov. Howard Dean as a "CNBC contributor" weren't enough, CNBC has invited the editor in chief of one of the its biggest critics to guest co-host one of CNBC's most popular shows. Originally reported in a status update from…

Latest Addition to the CNBC Payroll: Former DNC Chair Howard Dean

March 23rd, 2009 12:46 PM
Is CNBC caving to its critics on the left? It might appear so now that former Vermont Gov. Howard Dean, also the former chair of the Democratic National Committee, was officially named a CNBC contributor on the March 23 "Squawk Box" by co-host Joe Kernen. "Joining us for the next two hours, former DNC chair and Vermont Gov. Howard Dean, who is as of today a CNBC contributor," Kernen said. CNBC…

Santelli: AIG Bonuses Only a 'Political' Outrage of Millions, Focus on

March 17th, 2009 2:30 PM
Since his now-famous Chicago Tea Party outburst from the floor of the Chicago Mercantile Exchange in February, CNBC's Rick Santelli had seemingly disappeared from the spotlight. However, on CNBC's March 17 "Squawk Box," Santelli, using similar theatrics, noted that the Obama administration as been very concerned about $165 million in bonuses paid out to American International Group (AIG)…

CNBC Asia Guest Host: U.S. Treasury is 'Wasting Money' with Bailouts

March 16th, 2009 3:43 PM
All the current outrage and attention to bonuses paid out to employees of institutions that received federal bailout money is misplaced, according to an analyst that appeared on CNBC Asia on March 16.  The media is making much of the news that American International Group (AIG) executives are receiving compensation in the form of bonuses. But Kirby Daley, senior strategist at the Newedge Group…