CNBC Should Take Fast Money off of the Air after today's Apple Gaffe

It is time for Dylan Rattigan and his irresponsible group of clowns and morons to be taken off of the air.

Apple guided lower today and the stock fell sharply after hours (even though they beat numbers handily and I think it should have been up on that alone).

The stock fell into the mid-150s and the company began its conference call. It should and would have stabilized there, but an analyst asked a question about Steve Jobs' health to which the CFO responded in a prepared manner saying that Steve Jobs' health is a private matter (the implication is that he has not going to address the question).

Dylan Rattigan and his crowd of clowns immediately broke from their prepared discussion and started to discuss whether Jobs' has had a recurrence of his colon cancer, why the public had a right to know, how this would affect the company, why Apple was handling the situation so inappropriately, etc. They got so carried away on live television that they basically diagnosed Jobs' themselves (with Rattigan and a bald clown named Macke or something serving as chief doctors) and declared that Apple wouldn't be a buy for a long time. Another 7 points instantly fell off of Apple's already tumbling stock price.

These guys are supposed to be providing financial journalism, not acting like the NY Post or receiving their news from the NY Post. Today's transgression was Ny Post-like behavior and should be cause for pulling the show.

I should say that to Rattigan's credit, he ended the show with a call from his Silicon Valley reporter who explained that there was no issue here - that Jobs is never on these calls and that the CFO handled the matter appropriately. As Rattigan pulled the sh*t off of his face, he seemed to apologize for his unprofessionalism.

Jason Rodgers
Jason Rodgers: Jason Rodgers was an experienced research analyst for a major bank prior to retiring to run his own investment consultancy in beautiful Lihue, Hawaii. Jason contributed articles to BestCashCow from 2008 to 2014.

Comments

  • Austin West

    July 23, 2009

    Where is Dylan today?
    I think he is a genius/journalist/commentator.
    Too bad CNBC let him get away...

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