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Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: bonnuss_in_austin who wrote (9287)1/11/2002 2:36:42 AM
From: Ed Forrest  Read Replies (1) | Respond to of 17683
 
So: can these 'mouthpieces' of the 24/7 broadcast world 'chat,' as they do all day/night long with 'each other,' and trade stocks, bluntly, based on the definitely 'pre-knowledge' -- or, rather, 'inside information,' -- they gather in order to 'objectively report' -- on global television?

?????????????????????????

Sounds to me like you're saying the game is rigged and you're pissed because you're standing in sub zero temps on the outside of the candy store with your nose pressed against the glass and not getting an invite to join in.:)

Cheers



To: bonnuss_in_austin who wrote (9287)1/11/2002 1:11:44 PM
From: Thomas M.  Read Replies (2) | Respond to of 17683
 
The answer is that CNBC used to have a policy that the commentators could not own stocks. They stated this on the air, often. At some point in recent years, CNBC ditched this policy without letting its viewers know. I don't know if it is a coincidence, but the commentating became much more bullish around the time that they stopped offering that disclaimer.

Tom


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