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Posts Tagged ‘David Faber’

As CNBC Interviews Morgan Stanley Chairman, FBN’s Gasparino Breaks News on the Company

Today’s debut of the new CNBC show “Strategy Session” hosted by David Faber along with Gary Kaminsky included an interview with Morgan Stanley Chairman John Mack.

While Mack was on CNBC starting at noon, over on Fox Business — at 12:02 — former CNBCer Charlie Gasparino was breaking news of potential big layoffs at none other than Morgan Stanley — as many as 1,200 employees cut and 300 branches closed.

“It is worse than anything I can imagine,” Gasparino said of the cuts. “We are talking major cutbacks following the merger of its brokers department with Citigroup.”

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Over on CNBC, when asked about growing concerns about the problems in the EU, Mack said, “This doesn’t feel like the crisis that I went through [in 2008], so I feel a lot better about it.”

> Previously: At a Bloomberg panel in November about coverage of the financial crisis, Mack was asked if the media’s reporting on his company was fair.

CNBC’s Strategy Session Lines Up Debut Guests

Faber060210.jpg The new CNBC mid-day show “Strategy Session” has lined up some big name guests for its premiere week.

The half-hour program will debut at 12:30 p.m. 12 p.m. on Monday, June 7 with former Morgan Stanley CEO John Mack.

Other guests will include: investment banker Jimmy Lee, Lazard vice chairman Donald Drapkin, HDNet foudner and entrepreneur Mark Cuban and BlackRock president Rob Kapito.

“Strategy Session” is hosted by David Faber and Gary Kaminsky (pictured).

Behind CNBC’s Lunchtime Shuffle

Business Insider’s Joe Pompeo digs a bit into the backstory behind David Faber‘s new show, “Strategy Session,” and its creator, CNBC’s senior VP of strategic programing Susan Krakower. One source says, “The reason the show is controversial is because it marks a move by CNBC’s primetime czar extending her reach into daytime.”

2010 Gerald Loeb Finalists Announced

loeb_5-25.jpgUCLA’s Anderson School of Management announced the honorees for its 2010 Gerald Loeb awards for “journalists who make significant contributions to the understanding of business, finance and the economy.”

Here are the finalists for the television category:

Former television newser Walt Bogdanich, now NY Times assistant investigative editor, will be presented with a lifetime achievement award.

David Faber Getting Lunchtime Show on CNBC

Faber.jpg Fox Business Network isn’t the only business channel shaking up its daytime lineup. NYT’s Brian Stelter reports that CNBC is changing its lunchtime programming, and giving David Faber a new half-hour show “The Strategy Session” starting June 7. Airing at 12 p.m., the series will be paired with the “Fast Money Halftime Report,” while “Power Lunch” will be cut from two hours to one.

Faber’s new show was reported as “in development” last month by Business Insider.

Update: While it was made official today, the show announcement has been widely expected.

Greece Protests Drive Dow Down. Biz Nets, Cable Nets go Full-Bore

At 2:48pmET, as the cable news channels showed live pictures of riots in Athens, Greece, the Dow Jones Industrial Average plunged 995 points.

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Several correspondents from the business channels began appearing on the news channels, including CNBC’s Carl Quintanilla from Athens and Trish Regan from Lisbon both phoning in to MSNBC, while CNNMoney.com’s Poppy Harlow appeared on CNN and FBN’s Nicole Petallides and Eric Bolling went on FNC.

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> At 2:58pmET, ABC News broadcast a two-minute special report anchored by Ron Claiborne with business correspondent Bianna Golodryga.

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Bloomberg is pre-empting its normal evening line-up for a special hosted by Margaret Brennan called “Behind the Dive.” We hear FBN will preempt its evening programming while Liz Claman, David Asman and Neil Cavuto continue to anchor. (Also, FNC has been showing a crazy time-lapse of the DOW’s drop and bounce-back.)

> NBC and ABC both broadcast brief special reports at the 4pmET market close. Claiborne and Golodryga again in for ABC, while Brian Williams was in on NBC.

> CNBC is airing a special report “Markets in Turmoil” tonight. Larry Kudlow anchors from 7-8pmET, Maria Bartiromo and David Faber are in 8-10pmET.

> After the jump, a clip from CNBC of the coverage from amidst the craziness earlier today.

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David Faber Show to Launch June 7

CNBC is looking at a June 7 launch date for David Faber‘s new daily half hour show “Strategy Session,” a source tells TVNewser. The show, which will air at NoonET, is being developed by CNBC VP Susan Krakower, who also got some ink in Sunday’s Page Six story on the new Faber show.

> Earlier: David Faber to Host Daytime Show

Report: CNBC’s David Faber to Host Half Hour Daytime Show

Faber_4.17.jpgPage Six has a bit more on Business Insider’s story from earlier this month — that longtime CNBC correspondent David Faber is closer to getting his own daytime show.

Change is afoot at CNBC. We hear the cable network is cutting its two-hour “Power Lunch” show in half and will devote the leftover hour to a new show, “Strategy Session,” hosted by David Faber, and an expanded version of “Fast Money Halftime Report,” from 15 minutes to 30.

Faber’s filling of the Noon-12:30pmET slot would be his third go-round as an anchor on the business channel. The last two shows were met with little success. Faber hosted a program, “Bull Session,” from 6-7 PM. He also anchored the short-lived primetime magazine, “Business Nation.”

TVNewser hears Faber recently signed a new deal with CNBC, after being courted by a joint contract with Bloomberg and ABC News, so perhaps anchoring is one part of the new deal.

David Faber to Host New CNBC Program?

Henry Blodget of Business Insider reports, “CNBC is developing a new lunchtime show starring David Faber, says a source familiar with goings-on at the network.” CNBC has no comment at the moment.

Charlie Gasparino: ‘My Job is to Rip the Lungs out of the Competition for Fox Business Network’

CGaspar_2.16.jpgWow. Charlie Gasparino is not looking in the rear-view mirror. The newest member of the Fox Business team talked with WaPo‘s Howard Kurtz today about his jump from CNBC to FBN.

Gasparino denies that tensions at CNBC were a factor in his decision, saying “newsrooms are generally seething places” and he tends to “wear my heart on my sleeve.” But he did issue a warning to his former employer: “My job is to rip the lungs out of the competition for Fox Business Network.”

The LAT‘s Joe Flint talked with FBN EVP Kevin Magee about the hire, which FOX was able to accomplish when Gasparino exercised a window in his CNBC contract.

Gasparino will make his debut on Fox Business next week and will also pop up on the Fox News Channel as well. Terms of Gasparino’s deal were not disclosed, but it is a wee bit north of $1 million a year, people familiar with the contract said.
“I think this is a better platform for him,” said Kevin Magee, executive vice president of Fox Business Network. Asked if Gasparino’s role on Fox Business would be similar to that of CNBC’s hot-shot reporter David Faber, Magee said, “I’m sorry, who’s that?”

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