Archman Investor

CNBC: Sue Herrera Tells It Like It Is

Like most people who get hired by CNBC, they are asked to leave their professionalism at the door the day they start. They are obviously thrown alot of money and told just hype the market and spin the news, no matter how bad, into good news.
Look at Erin Burnett, and Dylan Rattigan. I can remember watching these two when they were on Bloomberg. They were what I would call "hard hitting" journalists who reported the news and asked the right questions. Now, they are nothing more than carnival barkers who's sole job is to take investing and turn it into a three ring circus, where gambling, hope and hype, have replaced real investing.

It is obvious that Dennie Kneale must have said to the exec's at CNBC when they hired him :
"Look GE, I will say anything you want. I will outright lie to the public and tell everyone what they want to hear, regardless if it is true or not.
I will hype the market more than anyone else ever has, and spin all bad news as good news, for I know I have zero accountability for anything I say. If I am wrong, and the entire world hates me and thinks I am an idiot, it wont matter. 'Cause you are gonna pay me so much money to lie and embarrass myself, that it is not going to matter"

And that my friends is exactly why Dennis Kneale acts and says what he does.