Word: cnbc
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Dates: during 2000-2009
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Daily Show, The • CNBC's financial advice is mercilessly shredded...
Like a medic tending injured soldiers on a battlefield, she spends her days fielding calls from people who are in financial peril--drowning in credit-card debt or facing adjustable-rate mortgages that threaten to bury them alive. Each week they phone in to Orman's CNBC show for advice or buy one of her nine books, which offer the hope that they might save themselves from the financial hell they've created. Orman rushed out a paperback response to the economic crisis called Suze Orman's 2009 Action Plan, which is on the New York Times best-seller list...
...Woman's Work Between taping episodes of her TV show at CNBC studios in Englewood Cliffs, N.J., Orman reclined on the couch in the green room, her teeth glowing white. Her sunglasses were slipping down her nose, and she was made up with a powdery orange tan and zipped tight into a butterscotch leather motorcycle jacket. "A woman's nature is to nurture. A woman gives birth," Orman said. "Men have it right when it comes to earning money and asking for a raise," she continued. "But how many women do you see at the track...
Considering the human suffering around her, Orman's demeanor remains perky and optimistic. She believes that people can sense that she wants what's in their best interests. As she waited to be called to the CNBC set, a woman in a uniform rolled a cart of food into the green room. "Hi, Suze," the woman said, bursting into a huge smile. She carefully laid out bowls of yogurt and muesli, and vegetables with dip. When the woman started arranging cans of soda on the table, Orman shooed her back. "Take that away," Orman said. "People don't need that...
After her CNBC taping finished, Orman swept across the parking lot toward a waiting Town Car. Her longtime driver, Jean Germain, a strapping gentleman from Haiti, came rushing over to take a garment bag from her hands. In lieu of a bonus, last year Orman opened a retirement account for him and made the maximum contribution of $5,000. The cash is sitting in a money-market fund until she decides that the market has bottomed out. She plans to dollar-cost-average into exchange-traded funds and a few individual stocks, as she suggests doing in her books. (Read...