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CNBC

Jim Cramer: My First Big Break

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You may know him for his stock-picking strategies, staying ahead of the bulls, and out of the way of the bears. But Jim Cramer‘s big break happened far from Wall Street, in Tallahassee, Florida, at a sorority house, which became the scene of a grisly crime.

Following a humble start as a newspaper reporter, along the way Cramer became a magazine writer, a lawyer, a hedge-fund manager, an online publisher and a best-selling author. And he did it all while honoring his parents’ wishes. Here’s Jim Cramer’s First Big Break.

During CNBC Interview, Regis Philbin Gets Summer Internship Offer

During an appearance on CNBC’s “Fast Money” this week, Regis Philbin was offered a job — as a summer intern.

During Philbin’s appearance, Greenlight Capital president David Einhorn called in to the CNBC control room because he’s “always wanted to meet Regis.” Einhorn, who runs a New York-based hedge fund, congratulated Regis on a recent stock pick and said he’d like to bring Philbin on in an official capacity: “We’re trying to get some young blood in at Greenlight, some young minds, and I was wondering maybe if you want to come intern for the summer,” Einhorn suggested.

“Exactly what I’ve got, some young blood,” Philbin joked. Watch:

On CNBC, Putin Talks Snowden: ‘We Gave Him a Refuge, But He Didn’t Tell Us Anything’

PutinCNBCAround 7:30amET, CNBC carried live a Q&A with Geoff Cutmore, who hosts “Squawk Box” on CNBC Europe and Russian President Vladimir Putin. The Q&A followed Putin’s address at the International Economic Forum in St. Petersburg.

Cutmore asked Putin whether there is a “road back” in his relationship with Pres. Obama “given the level of hostility at least that seems to be played out in the international media.”

From the CNBC transcript, Putin is quoted as saying:

We never did anything to ruin our relationship and despite very rushed rhetoric and opposing approaches to some very topical matters, our cooperation continues… We continue cooperation on the Iranian nuclear programme. I just met the Iranian President in Beijing on the sidelines of an international forum and we spoke about further joint action involving Iran, and taking onboard U.S. position on the Iranian nuclear issue. Syria remains an important issue. And although our views diverge sometimes we still hope we will come to some agreement. Then we have common agenda confronting terrorism…. So we have many points of convergence that of interest to both Russia and U.S. We are not trying to fence ourselves out from the rest of the world. But you can’t force people to like you, as we say in Russia. But we hope that common sense, good sense, and national interest will push our European and American partners to continue cooperation with United States.

Cutmore then asked Putin if Russia’s relationship with the U.S. was “already breaking down over things like the Snowden affair?”

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CNBC Adds ‘Squawk Alley’ to Daytime Lineup

cnbcCNBC is launching “Squawk Alley,” a new weekday show that will “focus on the intersection of Wall Street and technology.” Beginning Monday, the show will air at 11amET, replacing the third hour of “Squawk on the Street.”

“Squawk Alley will be a destination for new ideas and new technologies as well as for breaking news and analysis on the titans of the technology industry. As always, the discussion will take place through the classic CNBC prism of money and investing,” CNBC senior vice president and editor-in-chief Nik Deogun wrote in a note to CNBC staff this morning.

Carl Quintanilla will anchor “Squawk Alley” from the New York Stock Exchange. He will be joined by an ensemble including Jon Fortt, CNBC’s on-air tech editor, and Kayla Tausche. Todd Bonin, the executive producer of “Squawk on the Street,” will also oversee “Squawk Alley.”

Deogun also announced that Sara Eisen, a frequent contributor to “Squawk on the Street,” has been promoted to the anchor of the 10amET hour.

Deogun’s full note, after the jump. Read more

Does Rick Santelli Have New Rant Competition at CNBC?

SullivanRick Santelli, whose 2009 rant suggesting a Chicago Tea Party won him “father of the tea party” acclaim, isn’t the only CNBC personality capable of passionate, political pleas: his colleague Brian Sullivan delivered one this morning.

“We keep saying ‘the Republican Party’…but I don’t know who the Republican Party is anymore,” Sullivan said on “Morning Joe.”

He highlighted growing up in a conservative household, but as a modern-day fiscal conservative, who supports same-sex marriage and marijuana legalization, he is a voter without a political home.

Sullivan’s frustration escalated to full-blown screaming.

“It’s not a party, unfortunately Republicans, that I can get on board with, because I don’t like the small-minded attitude of a lot of the right wing stuff that comes out,” Sullivan said after banging the table.

Watch his rant, starting around the 12:12 mark, after the jump.

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Tim Geithner Says He Inspired Rick Santelli’s Rant, and, By Extension, the Tea Party

SantelliRantIn February of 2009, less than a month into the first Obama Administration, CNBC’s Rick Santelli delivered an off-the-cuff rant that many say was the inspiration for the Tea Party. On February 19, Chicago-based Santelli said, “We’re thinking of having a Chicago Tea Party in July. All you capitalists that want to show up to Lake Michigan, I’m gonna start organizing it.” In his new book “Stress Test: Reflections on Financial Crises,” former Treasury Secretary Tim Geithner says he unwittingly was responsible for that rant. Geithner writes:

I used to joke that I was personally responsible for the birth of the Tea Party, because Rick Santelli’s rant on CNBC was a response to the mortgage modification program, and the Tea Party movement focused so much of its initial fire on the financial rescue.

About 18 months after the rant, Santelli reflected on the movement, telling TVNewser, “This grassroots movement of the Tea Party, to me, is as American as it gets. And whether you are left, center, or right, to me it’s not about politics. It’s about, in this country, we’re not afraid to speak up.” If they put Father of the Tea Party on my tombstone, “they can bury me with a smile,” Santelli added.

(h/t Playbook)

Closing Bell Rings Live from CNBC

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In celebration of CNBC’s 25th anniversary, the closing bell of the New York Stock exchange was rung from across the Hudson River at CNBC headquarters in Englewood Cliffs, New Jersey. CNBC President Mark Hoffman, NBCUniversal News Group Chairman Pat Fili-Krushel and hundreds of CNBC employees were on hand for the bell ringing.

Happy Silver Anniversary CNBC!

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April 17, 1989, 25 years ago today, CNBC went on the air. The president of NBC at the time Bob Wright introduced viewers to the Consumer News and Business Channel (CNBC), calling it, “the most significant programing effort NBC has ever undertaken outside of the network.”

At the time, CNBC was not the only game in town. FNN, the Financial News Network, had been on the air since 1980. But on May 21, 1991 the two channels merged. CNBC would own the business TV news space for a few years. Bloomberg TV launched in 1994 and CNNfn launched in 1995. CNNfn shuttered 9 years later. Fox Business Network began giving CNBC a run for its money in October, 2007.

All day the channel is airing Throwback Thursday clips from the last 25 years. Joe Kernen kicked it off this morning on “Squawk Box.” “25 years ago Google didn’t exist… 25 years ago the Ukraine was part of the Soviet Union… 25 years ago, Jack Welch ran GE which owned NBC which started CNBC.”

MediabistroTV was at CNBC HQ yesterday for a “My First Big Break” interview with Jim Cramer. We’ll have that for you coming up in a few weeks on TVNewser. After the jump, a look back at 25 years of CNBC:

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Robin Roberts, Rachel Maddow, Anderson Cooper on the OUT Power 50

OUT50Several TV news anchors and hosts have made this year’s OUT Power 50 list. It’s the brand’s annual ranking of the most influential LGBT voices in American culture. ABC’s Robin Roberts, who publicly came out late last year, is the first woman of color in the top 10. Here are some TV notables:

35. Suze Orman
27. Don Lemon
14. Anderson Cooper
10. Robin Roberts
3. Rachel Maddow

Ellen DeGeneres, who was number 2 last year, returned to the top spot on the list. Also on the list Pulitzer Prize winning journalist Glenn Greenwald at #5, Bravo’s Andy Cohen at #8, and Gawker CEO Nick Denton at #45.

(Image via OUT)

CNBC Expands Reality Shows

cnbc logo_304x200CNBC has greenlit two new reality shows for summer, and has three others in development.

“Restaurant Kickstart” pits restaurateur Joe Bastianich and celebrity chef Tim Love against each other as they invest their own money in food concepts they believe will make them millions. The second show, “Filthy Rich Guide” is an insider look at the best that money can buy. From outrageous mansions, to private islands, this series shows how the .1% live.

In addition, CNBC is devloping “Restaurant Confidential,” (the title of which probably isn’t going to sit well with Anthony Bourdain), “Hard Money,” and “More Money, More Problems.”

“Restaurant Kickstart” debuts in July and “Filthy Rich Guide” launches in August.

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