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Wednesday, October 29, 2008

First in Business?

So Charlie Gasparino of CNBC gets paid today for going on national television to report

  • (a) Citibank has its back up against the wall and wants to do a deal to stay size-competitive, but has no idea when or who or any opinion on the size of the deal that Citi could swing ...
  • (b) Felix Salmon is jealous of the lockeroom moments of the CNBC guys

Yeah, that's first in business, Charlie. You go, girl!

I wish Bloomberg News were carried more widely. It's time to write the Cable Company, right? CNBC looks set to rush-to-the-bottom to compete with FOX Business opinion/worship channel.

Update: The day after is ... well, all the shouting on CNBC appears to be taking its toll. Bloomberg folks, on the other hand, appear calm, cool, and collected. They don't have nearly as many interesting guests, though.