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Pastimes : CNBC -- critique.
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To: ron insana who wrote (1899)10/20/1998 8:40:00 PM
From: Dave Budde  Read Replies (1) of 17683
 
To: Ron or Ted or anyone else that reports news on CNBC.

I, for one, appreciate the neutral positions taken by most of the staff at CNBC.

I'm curious whether you have restrictions about what stock positions that you can hold in your personal accounts since you make commentary and interview people about these issues. Ron has stated several times that he holds GE stock in his 401K (no doubt from employee purchase programs and/or stock options). But this is the only stock that he has mentioned that he owns.

It is common practice that accountants and lawyers that represent companies cannot take positions in these companies due to conflict of interest reasons. Do the same factors apply to you?

And thanks for monitoring and responding to this thread. It is a great service to all of us that frequent SI. And keep up the great work that you do at CNBC.

Best regards,

Dave
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