Friday, July 10, 2009

Denninger Goes On Air, One Minute Twenty Seconds Of Airtime Ensues

Tonight Karl Denninger tried to have a sensible argument with CNBC, even dressed up for it. Unfortunately, it didn't work as expected (by Karl). The only topic covered was bloggers anonymity, on which issue Karl was surprisingly goaded into agreeing with the amusing and lovable host. Karl, and host, we have pointed out before why certain entities prefer to remain anonymous: I would refer both of you to one version of the explanation here. As for Karl trying to debunk what passes for analysis at CNBC, that did not quite work out either. Maybe finally bloggers will realize that a sensible conversation can not occur within the confines of GE's subsidiary. Ever. Probably would be more realistic to discuss exchange server latency at a Goldman sponsored program trading conference with Sergey Aleynikov as keynote speaker and Misha Malyshev and Kevin Mitnick as moderators.

Karl - do what I did, and invite Dennis or whoever else to Market Ticker. I am still waiting for a response to my personal invitation. Maybe then you will have the opportunity to discuss the issues that truly concern you, and not have CNBC redirect to totally irrelevant concepts such as blogger anonymity, which the host subsequently spends another segment tryingto pin the issue on. No Dennis, that is not the issue, nor is it the solicitation of advertisers, although I am sure you are all too familiar with that (or lack thereof). There is a saying, "when facts speak, even the gods are silent"; alas when most of CNBC speaks, the heavenly laughter is near pain threshold levels.

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