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Posts Tagged ‘Steve Liesman’

The Afternoon Ticker: Liesman & Obama, Castiglia & CBS, Newt & the Root

  • He may have passed on Jimmy Kimmel, but President Obama will be sitting down with CNBC’s chief economics correspondent Steve Liesman tomorrow. The discussion will stick to money matters: taxes, minimum wage and the economy, among others.

  • Danna Castiglia has been named VP of Business Development for CBS News. A 17-year CBS veteran, Castiglia will manage business-related transactions within CBS News in this new position. Most recently, she served as CBS’s VP of Corporate Development.

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Rick Santelli: ‘We’re America! We Don’t Believe in Consensus! We Set the Consensus!’

SantelliLiesmanCNBC’s Rick Santelli is nothing if not passionate. From his perch in Chicago today, Santelli appeared on the “Fast Money Halftime Report,” and went on a rant, debating CNBC’s senior economics reporter Steve Liesman, and others on the panel at CNBC headquarters.

Liesman and Santelli have gone at it before. Like here in 2009 and here in 2010. This time, the two debated inflation, interest rates and the Fed.

“Why do we debate it? Why don’t we let the market tell us?,” Santelli said in response to Liesman’s point about Federal Reserve moves. “I don’t care about general consensus. I don’t care that Europe offers entitlements. We’re America! We don’t believe in consensus. We set the consensus,” Santelli screamed, to cheers from the crowds behind in at the Board of Trade in Chicago. Give that man a lozenge.

WATCH:

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The P.M. Ticker: NSA, ’60,’ Rapid…

  • Tonight on FNC’s “Special Report” Bret Baier has an exit interview with outgoing NSA director Gen. Keith Alexander. Baier asks Alexander what the NSA really has in terms of personal emails or content in their databases.

  • 11.3 million people watched Sunday’s “60 Minutes” making it the 6th most-watched show of the week, up +8% over the same night last year. Scott Pelley went inside the Boston bombing manhunt with the FBI agents in charge, Bob Simon reported on notorious European gem thieves, and Morley Safer had a feature on The New Yorker cartoons.

  • CNBC has launched CNBC Rapid Update, which offers a new measure of how much an economic report changes the outlook on Wall Street. Moody’s Analytics is providing the data. Steve Liesman will lead the coverage.

Does CNBC’s Steve Liesman Think Sen. Ted Cruz is Mexican?

During CNBC’s coverage of the October jobs report Tuesday, economics reporter Steve Liesman lay the blame for the delayed report on Texas Sen. Ted Cruz. “We’re going to call this the ‘Senator Ted Cruz Jobs Report’,” Liesman said on “Squawk Box.”

“Can we get some music to go along with that, some Mexican music or something?”

Cruz may like Mexican music, but he’s of Cuban descent. He was also born in Canada, so perhaps Liesman should have requested some Bryan Adams, Alanis Morrisette or Justin Bieber, or said nothing at all.

(h/t The Hill)

> Update: Liesman has apologized:

Regarding my recent remark on Squawk Box regarding Senator Ted Cruz, I first want to deeply and sincerely apologize if my remarks were insensitive.

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CNBC Breaks News on Bloomberg Terminal Snooping Scandal

CNBC is reporting on competitor Bloomberg over accusations Bloomberg journalists used the company’s data terminals to track and gain information on users, in some cases, government officials.

Both the Federal Reserve and the US Treasury Department are examining the extent Bloomberg terminal usage by top officials might have been tracked, CNBC’s Steve Liesman reports.

CNBC talked with a former Bloomberg employee who says he accessed usage information of Federal Reserve Chairman Ben Bernanke and former U.S. Treasury Secretary Tim Geithner. He said he did it ”just for fun” and as a way “to show how powerful” the Bloomberg terminals were.

CNBC got a response from a Bloomberg spokesperson who said, “What you are reporting is untrue” but declined to respond when asked what specifically was inaccurate. He also would not say whether the company had investigated journalist access to the terminals.

Bloomberg CEO Dan Doctoroff released a statement saying, “Last month we changed our policy so that all reporters only have access to the same customer-relationship data available to our clients.” Doctoroff added: “reporters could not see news stories that clients read, or the securities they viewed.”

CNBC competes with Bloomberg in reporting and distributing business news on TV and online.

Treasury Secretary Jack Lew Making Business Channel Rounds

TVNewser hears that new Treasury Secretary Jack Lew is going to be giving his first TV interviews since assuming the post to CNBC, Fox Business Network and Bloomberg TV. All of the interviews are being pre-taped, and will air on all three networks at 4:15 PM, after the markets close.

Steve Liesman will talk to Lew for CNBC, Peter Barnes for Fox Business and Peter Cook for Bloomberg.

The interviews can be seen as an effort to speak to the Wall Street and business communities. Obviously each interview will be slightly different, but the financial focus of the networks means that the questions will likely be focused on fiscal policy.

Business Networks Head To Davos For World Economic Forum

This week the World Economic Forum is once again  being held in the sleepy ski town of Davos, Switzerland, and the business networks are on the scene to try and score chats with market shakers and world leaders.

CNBC has anchors Maria Bartiromo and Andrew Ross Sorkin in Davos, along with senior economics reporter Steve Liesman, Sorkin will co-anchor “Squawk Box” from Davos Wednesday-Friday, while Bartiromo and Liesman will be appearing on various programs throughout the week.

Fox Business Network has Liz Claman in Davos, with coverage kicking off Wednesday at 11 AM, and continuing through Friday.

Bloomberg TV has Erik Schatzker, Tom Keene and Francine Lacqua at the Forum, along with reporter Olivia Sterns. BTV coverage starts at 1 AM ET (6 AM GMT) tomorrow, and continues through Friday. Lacqua will anchor “On the Move,” Keene will anchor “Bloomberg Surveillance” and Schatzker will co-anchor “Market Makers” from Davos.

TVNewsers Wear Purple To Show Their ‘Spirit’

People across the country today participated in “Spirit Day,” wearing purple as a sign of support for LGBT youth. The movement, started by the Gay & Lesbian Alliance Against Defamation, counted several visible people as champions of the anti-bullying cause: morning anchors, evening anchors and cable anchors on several networks were color-coordinated today.

On the morning shows:

On ABC’s “Good Morning America,” George Stephanopoulos and Robin Roberts participated, as did Ann Curry and Al Roker on NBC’s “Today.” All four co-hosts on “The View” — Barbara Walters, Whoopi Goldberg, Sherri Shepherd and Elisabeth Hasselbeck — were decked out in purple as well.

After the jump, see who on the evening news and who on cable participated. Read more

Is Rick Santelli the Father of the Tea Party? ‘If that’s what they put on my tombstone, they can bury me with a smile.’

“The markets are the world’s greatest Rubik’s cube,” says CNBC’s Rick Santelli. “And I love solving puzzles.”

In fact, as he provides live updates each weekday from the CME (Chicago Mercantile Exchange) group trading floor, Santelli feels his mission is to put the pieces together, helping viewers figure out where the markets — and the nation’s economy — are headed.

“These are important topics that are going to affect every man, woman, and child in the world,” Santelli tells TVNewser during an interview between live shots, “and I want to do my best job to portray it as I see it in an honest, objective fashion.”

A “Chicago guy that started out as a runner” in 1979 for Shearson, Santelli “worked my way through” as a trader and financial services executive before — by fluke — being asked to provide television commentary.

Santelli discovered he liked TV. He started making guest appearances on CNBC in 1994, joining the network full-time in 1999.

Regular viewers soon came to realize Santelli isn’t exactly shy about debating the news of the day. He’ll mix it up with fellow CNBCers Steve Liesman and Dennis Kneale, among others.

Santelli calls his most heated moments “passionate outbursts, but ‘rants’ is okay [too], I really don’t have a problem with it!”

His most famous rant — against the administration’s Homeowners Affordability and Stability Plan — came in February of last year. The Rant-Heard-’Round-the-World catapulted Santelli into the national consciousness, even drawing a rebuke from White House press secretary Robert Gibbs.

Nearly a year and a half later, The Rant remains both popular and misunderstood, Santelli says. He wants to set the record straight.

• Rick Santelli slide show, after the jump…

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CNBC’s Rick Santelli Has a Message for the U.S. Government

CNBC anchor Rick Santelli has never been shy about expressing his thoughts on what role the government should have during the current economic crisis. He even drew a response from the White House after trashing some of the administration’s policies on-air.

Well, he has another one:

The rough transcript: “Stop spending! stop spending! stop spending! stop spending! stop spending!”

He also got into another fracas with Steve Liesman, bringing back fond memories of their April confrontation. “Go back to Russia where you understand the state and the citizen,” says Santelli.

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