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Pastimes : CNBC -- critique.

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To: Ted David who wrote (8672)9/27/2001 8:40:20 AM
From: ChrisJP  Read Replies (2) of 17683
 
By the way Ted, I thought it was great that Mark Haines took shots at all the people who said their institutions would not sell the attack but did so anyway.

Has CNBC ever considered hiring investigative reporters and running stories that reveal both fraudulent and unethical stock related activities ?

Your network has tons of statements made on the air "on the record" that at this point CNBC must know were intentionally false.

For example -- how much money do some of your guests make ? The companies they represent -- did they make money for their clients or lose money. If they made money, did they do it by following the advice the of the guests that work for them ?

I'll give you a place to start -- in late 1999, guest after guest recommended avoiding the energy sector -- when it was at its lows. In Spring 2001, guest after guest recommended the energy sector as a place to invest -- after which the energy sector promptly tanked.

Why doesn't CNBC find out ?

Chris
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