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STAR POWER DIMMING AT SOME STREET FIRMS
March 30, 2009
A growing number of analysts who were either critical of the financial sector or were early raisers of red flags in the mortgage market are getting the cold shoulder from their employers, which has led to the analysts being forced out or silenced.
I called CNBC's Public Relations Department this morning when I first got wind of this perhaps being the case to make sure they were aware of my considered opinion that Mr. Ratigan was one of the few reasons to watch their network, as he has been one of the few people who has been willing to take on the "mis statements", question the "conventional wisdom" and raise hell when appropriate - such as his recent rants about AIG being apparently used as a conduit for US Taxpayer funds to banks, a subject that has now drawn the attention of NY Attorney General Mr. Cuomo who is investigating (as he is charged with) whether laws have been violated.
EXCLUSIVE: Dylan Ratigan Reveals Why He Left CNBC
Henry Blodget | Apr. 10, 2009, 10:49 AM | 150,052 | 218
Here's How The Kaufman Amendment Could Seriously Screw With The MarketQ&A
With Dylan Ratigan: The Endgame Is That Paper Currency Is ToastGoldman Employee
Creeped Out By The Company's Grey Uniforms And Gym
There have been lots of rumors echoing around that star-CNBC anchor Dylan Ratigan
stormed out of CNBC after feuding with bosses Mark Hoffman and Susan Krakower,
that he's headed straight to ABC for a big-time broadcast slot,
and that he can't go on-air for the next 6 months because of some ridiculous,
spiteful clause in his CNBC contract.
Is it all TRUE??? Inquiring minds want to know!
So we asked Dylan himself, who was kind enough to share 20 minutes with us.
The short answer? "No." This is a pro-Dylan Ratigan move, not an anti-CNBC move.
And the bull market of the past month is just a suckers' rally.
Here's an excerpt of our conversation: