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Pastimes : CNBC -- critique.
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To: PMS Witch who wrote (3561)8/20/1999 12:57:00 AM
From: Mark Marcellus  Read Replies (1) of 17683
 
I'm afraid I don't remember the old FNN quite as fondly. There was just as much nonsense on the air then as there is on CNBC these days. I don't have any old tapes to play, so maybe my memory is faulty, but in many ways the coverage on CNBC is much more insightful, and certainly more focused, than the coverage I recall from FNN. To be fair one of the reasons for this is CNBC, as cheap as they are, has money and FNN didn't.

Speaking of which, FNN's legacy is somewhat tarnished because their reporters were sitting in the midst of the financial misdealings and ultimate bankruptcy of a publicly traded company and missed the story entirely. I remember someone at the time comparing them to the piano player in a whorehouse. That may have been a little too harsh, but it's still a valid point.
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