Comments on: How to Fix Financial Television

By: Hot Links: Ron Paul, Evan Newmark, Fixing CNBC & The Yellow Lobster « The Reformed Broker

Sat, 13 Jun 2009 09:03:19 +0000

[...] opened up the How to Fix Financial Television debate on The Big Picture earlier this week and his own ideas are worth [...]

By: Business & Finance Blogs » Blog Archive » Fixing Financial Television

Fri, 12 Jun 2009 21:10:43 +0000

[...] Ritholtz posted a list today of ideas for fixing financial television. Since my CNBC Boycott post generated some interest (I was interviewed for the fantastic recent CJR [...]

By: princess

princess — Thu, 11 Jun 2009 20:55:21 +0000

This could happen.
Someone needs to say this over and over, every day.
Eventually it would be noticed.
Please Barry fix it!

By: ap

ap — Thu, 11 Jun 2009 00:46:35 +0000

Great suggestions. I am mostly for getting rid of all the partisan garbage – it is really not helpful.

one missing – Hire people who can Read a Balance Sheet or Income Statement!

So instead of just reading the PR statements of businesses – which are full of mostly lies and vague information – you can actually look at their losses and report on the reality.

Wait maybe that would be too helpful.

By: themoose

themoose — Wed, 10 Jun 2009 23:27:28 +0000

This was a very interesting article but doesn’t touch on why financial television is like it is. It is not in GE’s interest (CNBC) or News Corp (FOX) to have thoughtful financial discussion. This would just make it obvious that the Emperor’s (the CEO’s and most MBA’s) have no clothes. Instead what we get is CEO hero worship, capitalism as a religion, and just plain greed! Upper management must be made out to be brilliant, no matter what financial results their company has, to support salaries that are easily 10 times higher then acceptable. The “journalists” on these programs are simply lying to support their interest ( a high salary). Most of them are so far gone, they really believe what they are saying. What they all desperately need is to get paid $10 dollars an hour with no benefits to pick up garbage along the highway for an unspecified period of time. The fix is a new news network not owned by greedy, petulant, immature, middle aged, fanatics.

By: TheTradingReport » Blog Archive » Fixin’ Some Bubblevision

TheTradingReport » Blog Archive » Fixin’ Some Bubblevision — Wed, 10 Jun 2009 14:22:37 +0000

[...] always a good idea to not just throw stones, but rather point out ways you would improve it. And he lays some out here. Jeff picks a few faves over at A Dash of Insight, and I’ll do the same. 1. Stop Yelling. Stop [...]

By: some_guy_in_a_cube

some_guy_in_a_cube — Wed, 10 Jun 2009 13:06:02 +0000

Give it up BR. You cannot fix what is unfixable.

By: natoK

natoK — Wed, 10 Jun 2009 05:10:39 +0000

To add,

“Sure, Jim Grant would appear and talk in tongues once in awhile (to Lou’s amusement). And Marty Zweig might mumble some general negativity, but Lou would pass it off with a roll of his eyes and another comment about “bond ghouls”.

Get John Leisman a subscription to Shadowstats.com.

Some of the people here are just freakin hilarious.

I have to say it again, “Jim Grant would appear and talk in tongues once in awhile (to Lou’s amusement)”.

I can’t remeber the last time I laughed so hard. Grant is an uber nerd, but brilliant and I love to read his stuff. I wa ssure he was a masochist b/c he kept showing up every month only to be berated by LOu.

Those days weren’t as good as they seem now, but they sure were a heck of a lot better than these days.

Great stuff Barry.

Again, BNN is the bomb.

By: natoK

natoK — Wed, 10 Jun 2009 04:52:27 +0000

Sorry so late to the party here.

Barry, I think you just stole the blueprint for CANADA’s BNN. I am soooooo glad I live in Canada. I check CNBC once a day and IO can hardly stand it. It is the yin to BNN’s Yang.

Everything you can’t stand about CNBC you find absent on BNN. 2 -3 people discussing an issue, counterpoints in a normal tone, several areas of the markets, diverse guests and issues. All that plus Manda Lang.

And some of the daytime hosts will remind you of the secretary George Costanza hired. Let’s just say you won’t forget your own name when you are tuning in!

I love it. And CNBC, it really is the Jerry Springer of the 2000’s. All of the hosts are just tools.

By: martin66

martin66 — Tue, 09 Jun 2009 15:55:51 +0000

BR: “really?”

Martin 66 – Yep. CNBC specifically is just another form of infotainment in the service of another product placement industry. Do you honestly believe their programming has any real bearing on the economy, public policy, or even investment?