Oh and I LOVED Pisani's schpeel today about GE earnings. Apparently Barrons had picked GE apart, citing $500 million in casualty losses in their insurance division. Pisani poormouth's the article when Mother GE earnings are out this morning, says "there's NO WAY that can be true, it is FALSE" but then mumbles something about not being able to verify it one way or another from Mama GE's earnings release. Cripes Bob, are you gonna play "analyst" for every company's earnings release you announce this week? Or just play "mouthpiece/company suck-up/market embellisher" when it happens to be the company you work for???
I knew there were partisan politics at work in Alina Cho's news readings, but the partisanship has spilled over to the stock editors. Before you know it, every company in America will need their own financial flagship TV station, just to get some PR going. I can see it now, "The K-Tel Channel's 15-minute stockwatch..." Or WWF Entertainment's Slam-Bam deals (or whatever the hell they call them) where they give WWF stock forecasts between matches...hmmm, I know who they could get for a guest announcer...think Louie The Lizard's partner...she'd be perfect for the gig. "Folks, we're looking for a STRONG opening on the next bout, but before I get to that, I want to bring your attention to the AOL pit..." |
