Comments on: CNBC caused Bear Stearns Collapse???

By: Weakonomics Economic Review of 2008 by Weakonomics

Weakonomics Economic Review of 2008 by Weakonomics — Tue, 27 Jan 2009 15:49:33 +0000

[...] the sub-prime meltdown of 2008. This will be in textbooks someday. Additional reading: CNBC may be to blame for causing the run on [...]

By: chris

chris — Thu, 10 Jul 2008 03:30:33 +0000

I guess we should start blaming Moodys when they downgrade a bond.

By: Finance Media » Blog Archive » The Week Ahead: Earnings onslaught begins

Mon, 07 Jul 2008 09:54:32 +0000

[...] a handle on the losses from their financial unit, General Electric shares will continue to suffer. (Read more about the unbelieveable Vanity Fair accusations) Andrew Horowitz is a money manager and the founder of Horowitz & Company. He is also the [...]

By: Fancy a Bear Hunt? « The Midnight Special

Fancy a Bear Hunt? « The Midnight Special — Sun, 06 Jul 2008 17:22:22 +0000

[...] most shockingly, the role played by a major global financial news channel in spreading the speculation. It was a perfect case [...]

By: alleycat3385

alleycat3385 — Sat, 05 Jul 2008 15:01:24 +0000

CNBC may have caused trouble for Bear Sterns, but they also caused Capital Source to go off four dollars, to the seven dollar range, due to a false report. Looks like they are trying to take all the financial’s down as a group.

By: Steve

Steve — Fri, 04 Jul 2008 21:44:54 +0000

CNBC may have accelerated the destruction of Bear Sterns, but it certainly did not cause it. The story was pushed by big investors and CNBC ate it up, giving numerous small time investors an opportunity to hop on a momentum trade.

Bear’s problems occurred long before CNBC ran its stories.