So for the last 3 days I've been watching CNBC's morning Squawk reports about the financial fiasco. I'm not a regular watcher but I check in now and then when I have time. Financial news is usually boring but even prior to the Wall street mess, the CNBC commentators and reporters are an entertaining bunch. Most of their dialogue is non scripted and the impromptu questions and market hourly changes reveal that these men and women know their stuff. The hosts and reporters also have a sense of humor, that New York sarcasm and quick wit which helps soften the blow of the changing hourly news.
First I'd like to comment on their presentation. Now I understand that when you're reporting from the busy NYSE trading floor, you need to raise your voice but that doesn't mean the on-set anchors have to shout at each other. Even the women hosts fall prey to this. But I do like that despite the shouting and some of the disagreements between the hosts and reporters, at the end of the newscast, they still respect each other. Or appear to show respect. I remember a MSNBC host (don't recall the exact details) was reporting on the presidential campaign race and made some very rude and snide comments to his 1 or more fellow hosts/contributor , telling his producers to cut off his co-host in the middle of his commentary. Not so at CNBC.
I just realized this when I was working on the my computer in my room while listening to CNBC which was located in another room. This week of course has been particularly exciting and stressful . The anchors would toss to panelists of finance experts and trading floor reporters. The floor reporters would hear corporate discussions/plans/rumors straight from the traders and announce it on the newscast. Talk about getting the news first. Forget about CNN and Fox (which I rarely watch). Although I do prefer watching CNN for the political campaign coverage, and The Colbert Report for unfair and unbalanced news. I digress.
So CNBC was on it as they questioned solid big wig financial executives on how they would resolve this issue. Seems like everyone has a different answer and rightfully so as this this is an unprecedented time in American history right after the 1929 stock market crash. But the reporters asked the hard questions. They didn't just list what the bailout terms were. They fully picked and poked at it, exposed some holes and loopholes that the average citizen wouldn't understand. They explained it in layman's terms even for someone like me who is just trying to hold on to her shrinking IRA and 401K as much as possible. I wish I wrote the name of this financial executive that they interviewed. He is the President or CFO and said he donated millions in dollars from his own pocket to help his company survive. He didn't brag about it or appear to look like he needed recognition. He didn't ask or need a bailout from you, me and Uncle Sam. Now that's a damn good source to interview to give you perspective that there are a few good executives out there and that it's possible for them to truly do a good deed for their clients and staff. How did CNBC know and find that guy? I don't even know if CNN or the competition picked up on that.
Awesome, kudos to CNBC, I applaud you! Thank you CNBC for educating, enlightening and entertaining me during this very difficult time.
Stay tuned...
First I'd like to comment on their presentation. Now I understand that when you're reporting from the busy NYSE trading floor, you need to raise your voice but that doesn't mean the on-set anchors have to shout at each other. Even the women hosts fall prey to this. But I do like that despite the shouting and some of the disagreements between the hosts and reporters, at the end of the newscast, they still respect each other. Or appear to show respect. I remember a MSNBC host (don't recall the exact details) was reporting on the presidential campaign race and made some very rude and snide comments to his 1 or more fellow hosts/contributor , telling his producers to cut off his co-host in the middle of his commentary. Not so at CNBC.
I just realized this when I was working on the my computer in my room while listening to CNBC which was located in another room. This week of course has been particularly exciting and stressful . The anchors would toss to panelists of finance experts and trading floor reporters. The floor reporters would hear corporate discussions/plans/rumors straight from the traders and announce it on the newscast. Talk about getting the news first. Forget about CNN and Fox (which I rarely watch). Although I do prefer watching CNN for the political campaign coverage, and The Colbert Report for unfair and unbalanced news. I digress.
So CNBC was on it as they questioned solid big wig financial executives on how they would resolve this issue. Seems like everyone has a different answer and rightfully so as this this is an unprecedented time in American history right after the 1929 stock market crash. But the reporters asked the hard questions. They didn't just list what the bailout terms were. They fully picked and poked at it, exposed some holes and loopholes that the average citizen wouldn't understand. They explained it in layman's terms even for someone like me who is just trying to hold on to her shrinking IRA and 401K as much as possible. I wish I wrote the name of this financial executive that they interviewed. He is the President or CFO and said he donated millions in dollars from his own pocket to help his company survive. He didn't brag about it or appear to look like he needed recognition. He didn't ask or need a bailout from you, me and Uncle Sam. Now that's a damn good source to interview to give you perspective that there are a few good executives out there and that it's possible for them to truly do a good deed for their clients and staff. How did CNBC know and find that guy? I don't even know if CNN or the competition picked up on that.
Awesome, kudos to CNBC, I applaud you! Thank you CNBC for educating, enlightening and entertaining me during this very difficult time.
Stay tuned...
Comments