Word: cnbc
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...accounting firm KPMG, which is under SEC investigation for its audits of Xerox. The accounting firm was Pitt's legal client for years, and the meeting prompted the Wall Street Journal and the Financial Times to run editorials saying Pitt may have to go. In an interview on CNBC last Friday, Pitt called his critics "misguided" and said, "I will serve as long as the President has confidence...
...next time you see an analyst on CNBC telling you Company X is a "strong buy" at $30, and Company X promptly goes bankrupt, he wasn't ripping you off - he was just really, really wrong. Which, under the new SEC rules, will still be legal - and still be quite common...
...mutual-fund managers, some of whom just can't seem to beat the S&P 500 with our retirement money no matter how hard they try, and hire brokers to throw us the occasional bone. We subscribe to Investor's Business Daily and watch CNBC. All in the hopes that we'll make some money...
...there's one conflict of interest that the SEC will never get at: Everybody on Wall Street benefits when the markets go up. Deals get bigger. Commissions get fatter. Decisions get easier - just run with the bulls - and CNBC anchors' smiles get wider, because the more people making money in the market, the more viewers tuning in to hear what the analysts, economists, CEOs and Warren Buffett think is the best place to put your chips...
...have been removed in the new edition--but nothing else. Cramer declines to comment. His lawyer Eric Seiler says "so much of the book is factually flawed that they need to make changes beyond what they've acknowledged." Maier asserts that Cramer would load up a position and feed CNBC stars Maria Bartiromo and David Faber news that would move his stocks--a charge CNBC and Cramer strongly deny...