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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject	9/19/2003 2:43:50 AM
From: j-at-home	Read Replies (1) of 436258

Was CNBC out to get Dick Grasso? By Jon Friedman, CBS.MarketWatch.com Last Update: 12:05 AM ET Sept. 19, 2003 cbs.marketwatch.com{09382168-A7AF-4C4E-B18E-FA841385286A}&siteid=mktw NEW YORK (CBS.MW) -- CNBC's gavel-to-gavel coverage of former New York Stock Exchange Chairman Dick Grasso's $140-million pay package was so relentless that I couldn't help but wonder if they weren't out to get him. Grasso resigned Wednesday after days of nearly nonstop coverage of the recently revealed payout. There's no question the compensation package and the resignation are big news, and not just in the business world. But the network's coverage grew so exasperating -- to the point of showing Grasso's surreptitious arrival for work Wednesday -- that some viewers gave up watching. "We don't need to see how they're cornering him," said James Park, senior vice president at Brean Murray. "We've switched to other financial news channels because we need to know the pertinent news about the economy." ----------------------------------------------- Nothing to do with the point of the article but .. Ho Ho Ho, Brean Murray (whomever they are) watch tv to get pertinent news about the economy??? .. lol From their site: Brean Murray & Co., Inc. was founded in 1973 as a research driven investment and merchant bank, focusing on emerging businesses and industries to provide clients with superior investment opportunities. The firm has grown to be a respected full service securities firm providing institutional research, investment banking and institutional trading and sales. Throughout our growth we have remained true to its focus on innovation and commitment to client service. Our professionals watch CNBC everyday to obtain pertinent news on the economy on a timely basis. -g- Their clients should be concerned

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