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Pastimes : CNBC -- critique.
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To: Yogizuna who wrote (4445)1/29/2000 2:05:00 AM
From: Gary M. Reed  Read Replies (1) of 17683
 
If I remember correctly, wasn't FNN's downfall related to some ponzi scheme or accounting fraud deal the boys in the corporate office were running? I can't remember exactly, but it seems to me their shell game got uncovered about the same time CNBC came on the scene. I know there was some SEC investigation. I too remember FNN as having more hard core securities coverage and less fluff and rah-rah.

I betcha it was killing Ron Insana to be in Switzerland today with the market getting cracked. He would've been bouncing off the ceiling with the Nasdaq down a buck-fifty. Just his luck, the day the bears throw a party and he's on another continent having his picture taken with the Jaegermeister girls.
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