CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Demetre Deliyanakis who wrote (2627)	5/11/1999 11:18:00 PM
From: Gorak Shep	Read Replies (1) of 17683

I don't think that CNBC employees should be allowed to invest in these IPO'S. Does anybody know what CNBC'S policy is with regards to its employees investment holdings? I haven't seen their policy posted anywhere but I think SteveG has made a wild and unfounded accusation. It is extremely unlikely that the CNBC staff is allowed to participate in any IPO, especially a sweetheart deal like TSCM with Cramer appearing on CNBC regularly. It would be a massive conflict of interest and trash their journalistic integrity. And I'd bet that any journalist at CNBC that got caught in such an act would swiftly be out job hunting and rather unsuccessfully.

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