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To: Ted David who wrote (7684)4/11/2001 11:37:37 AM
From: BWAC  Read Replies (2) | Respond to of 17683
 
Hey Ted,

Flipping channels again and ran across the liability talk.

Very funny. Of course your channel isn't strictly liable for viewers that follow your advice, err I mean opinions. Never mind that they are sometimes presented and perceived by your audience as advice and recommendations. Still no actionable strict monetary liability.

Of course that shouldn't be construed to say that in many people's opinion you are not MORALLY liable for your inexcusable pumping and hyping and open medium for professional touts to dump their wares onto the unsuspecting trusting of perceived financial professional figurehead public.

So do you have any remorse for the thousands of people's lives that you and your show have enticed into financial ruin? And moral liability there? For fanning the flames, both on the upside and downside? For unabashedly allowing the likes of Meeker and Blodgett to dump on these trusting unknowing viewers?

I doubt it. Because the BS show goes right on. And on. And on. And grows more irresponsible each day.



To: Ted David who wrote (7684)4/11/2001 12:06:31 PM
From: kvkkc1  Respond to of 17683
 
Keep crying like Haynes and Faber. They cracked me up getting all bent because someone threatened the Analyst last year. Had the nerve to say they hoped the threatener lost all his investments. You assholes should be in jail for all the false information you air. At a minimum, booted off the air. Rumors in the media do move markets. You all play along and probably get your kickbacks. It's disgusting. The only reason CNBC is on in my house, is because every now and then, you guys and a couple of the gals will resort to reporting facts. Bartiromo excluded.knc



To: Ted David who wrote (7684)4/11/2001 1:20:46 PM
From: Dave  Read Replies (1) | Respond to of 17683
 
Mr. David,

I have watched CNBC since the summer of 1993. One question that I have regarding CNBC' ablity to present new is that, on several occasions, CNBC has reported on "Rumors from the Trading Floor"

Is there any way that CNBC can find the "source" of these rumors from the trading floor and perhaps interview that trader? In other words, are those rumors, in fact, true?

In my opinion, how does one know that that trader(s) spreading the "rumor" doesn't have a position in that security and hoping to profit off that(those) rumor(s)?

Corporations are now scouring the message boards and taking legal action against posters who post factually incorrect news? The SEC also does this.

Why can't CNBC find the source of the "rumors" and interview that person and find out the analysis behind it?

Thanks,

dave