Friday, June 23, 2006
squawkbox
cant say they are about educating the investor. they had an analist on who was trying to detail the russia gols/currency issue.............but before he could say anything,, cnbc+joe had to break in with kerr-mcgee getting bought by anadarko (apc) for a prem of +40% (post kmg recent 2-1 split)all cash offer of $70.50 per common share and Western Gas Resources, Inc. (NYSE: WGR - News) in separate all-cash transactions totaling $21.1 billion, plus the assumption of debt estimated at $2.2 billion.
now yes this is big news,, that could have waited just a couple of minutes and could have easily been put on a ticker at the bottom of the screen. so,, now they will say the same thing all day long. a few words for you: PENN SQUARE BANK - goog it,, then get scared. keep in mind world credit has to first survive the housing/credit bubble, be REAL careful investing in banks/creditors.
meantime we may never know if squawkbox had an anal worth listening too,, if he had a key to our puzzle........ i was hoping to get tiny details,, since in 1998 russia defaulted on their debt,, and we are rumored too. aaahhh,, dont the schmucks love cnbc,,,,,,,,no wonder GE cant catch a bid.
now yes this is big news,, that could have waited just a couple of minutes and could have easily been put on a ticker at the bottom of the screen. so,, now they will say the same thing all day long. a few words for you: PENN SQUARE BANK - goog it,, then get scared. keep in mind world credit has to first survive the housing/credit bubble, be REAL careful investing in banks/creditors.
meantime we may never know if squawkbox had an anal worth listening too,, if he had a key to our puzzle........ i was hoping to get tiny details,, since in 1998 russia defaulted on their debt,, and we are rumored too. aaahhh,, dont the schmucks love cnbc,,,,,,,,no wonder GE cant catch a bid.
# posted by tagthatstock @ 4:32 AM
