Zero Hedge: Denis Lets Zero Have it
First, I have respect for Dennis - he lays out his beliefs (regardless if these beliefs are based on completely flawed foundations or not) and defends them, on prime time TV, in a “financial news” medium whose very existence every viewer realizes is contingent on not only the continued viability of massively bad debt-laden GE (due to its inextricable ties with GE Capital, which lent out more toxic second liens than virtually any other entity), but by implication, the well-being of the overall economy, as well as the continued financial support by PIMCO and other financial company sponsors who have explicit and implicit ties with the current administration, and who profit exclusively from a rising market. In retrospect, one can see where Dennis’ viewers may get confused by the blurry line between a hopelessly severe conflict of interest and honest personal opinion……………………………..
Denninger (Market Ticker): To Dennis Kneale: You’re An Idiot
Since Dennis saw fit this evening on CNBC to “go after” bloggers who in turn had gone after him, yet he omitted The Market Ticker, I’ll go ahead and put a full-on dredge out behind my stern and slow to 3kts.
And Dennis, if you would like me on your show, I’ll be happy to appear. Phone is fine. And I’m not anonymous, nor do I want to be - CNBC already has has my full bio, my full name, and my CNBC-standard disclosure document back with a digital signature affixed. You can also “whois” this domain and get my full name and address. Good enough? Several employees of NBC Universal are on my forum and a CNBC producer has my direct email address - just ask around and I’m sure you can obtain it, and if you do email me I’ll be happy to call you at your convenience………..