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Maria Bartiromo on Covering the Financial Meltdown

Friday, November 26, 2010

Maria BartiromoCNBC anchor, discusses her new book The Weekend That Changed Wall Street: An Eyewitness Accountand what's it's been like covering the financial meltdown.

Guests:

Maria Bartiromo

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Comments [10]

they did cover the crisis very well on cnbc, but failed horribly inthe coverage that lead up to the crisis.
as someone who worked for a brokerage firm, and watched this miserable channel daily, I can tell you most hosts were clueless and were probably hired for their appearance/social connections rather than financial knowledge.
it would wrong to single out any one person, i'm speaking as a whole about cnbc - the network that puts tiny little cameras into people's TVs.

Nov. 28 2010 02:05 PM
murray from New York

I think this poster project right opposite the stock exchange captures the moment of Financial Meltdown .
http://www.luxist.com/2010/05/25/wall-street-panic-becomes-street-art-project

Nov. 27 2010 10:29 AM
Ardija Red-Cloud

We went into WW ii to create jobs that would get us out of the Great Depression. And it did! Now we are in a permanent war and no jobs? Where are the weapons for war being produced? Where are the uniforms being made? Who is being most enriched by it?

Nov. 26 2010 07:41 PM
Eugenia Renskoff from Brooklyn

Hi, Brian, To know the misery and despair of not being able to pay your bills, one must not be able to pay his or her bills. There is nothing worse and nothing more frightening, nothing else that will rob you of sleep. In the early part of the 2000s I went from being an excellent payer and having no debts to being a person who got calls from debt collectors. The experience was more than surreal. I lost my home in Atlanta, GA due to mortgage fraud and predatory lending. I had never in my life heard of either these evil real estate practices. I am still waiting for justice. Eugenia Renskoff

Nov. 26 2010 04:34 PM
Sophie from Poughkeepsie, NY

Another person who has no problem paying their bills telling us folks who struggle every month what is happening to the economy. At a certain point these folks who are swimming in pools of money have NO idea what is really going on. I can't take any of these "experts" seriously.

Nov. 26 2010 11:28 AM
Barney from Brooklyn

A good comment on Jun Cramer and CNBC's coverage in general can be found at http://www.youtube.com/watch?v=TRoMZ6AUpIc

Nov. 26 2010 10:28 AM
Tim from NJ

Another example of the mediia's desire to show both sides of an issue (e.g. global warming) when the real situation is clearly one sided.

Nov. 26 2010 10:22 AM

This woman has zero credibility. Her defense of CNBC's coverage is the same as the media's defense of the coverage of the run-up to the Iraq war. "But we had the 'other side' on page A19'". Give me a break. And her notion that the leak of Lehman's insolvency was a problem is absurd. The problem was the FACT of Lehman's insolvency. She's an ideological hack shrouded in the cloak of "objectivity".

Nov. 26 2010 10:22 AM
freestuffffff from downtown manhattan

Do not let her off the hook. She is deflecting and obfuscating. Why was she cheerleading instead of warning before the crash?

Nov. 26 2010 10:21 AM
Lynn from Cold Spring NY

How the H*** was Bear Stearns saved? It was destroyed! My husband's job was NOT taken over by Chase. Everyones job save a very few was eliminated.
Get your facts straight lady!

Nov. 26 2010 10:12 AM

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