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Published On: Thu, Oct 3rd, 2013

Matt Taibbi and Sam Seder Skewer JP Morgan’s Dimon & CNBC’s Bubblehead Maria Bartiromo

TND Media Context Review | By Eric Dubin | bartiromo_

Perhaps “bubblehead” is a little harsh.  In truth, Maria Bartiromo is in fact quite smart.  But after watching the following video, I’m reminded of a classic observation by Upton Sinclair:  “It is difficult to get a man to understand something, when his salary depends on his not understanding it”  —  or, in this case, woman.

This video speaks for itself, and is quite funny:

Long gone are the go-go years of the 1990s NASDAQ bubble and Joey Ramone’s ode to Ms. pouty lips.  Now that the financial system operates much like a casino, it’s truly astounding the mental gymnastics reporters perform to avoid truth telling.  Oh well…  At least there’s controlled fleecing, order and nice drinks in a casino.

For nearly a decade, Matt Taibbi’s investigative journalism for the Rolling Stone has been among the very best on finance anywhere.  Long ago, there was a time when Maria Bartiromo actually earned the respect of fellow journalists.  She was more than just a pretty face.  In the early to mid 1990s, before the bubble got to her head, she produced insightful, investigative pieces.  Today, as CNBC’s ratings crash to a 20 year low, it’s sad seeing this once great reporter circling the wagons around conventional wisdom and in defense of the companies that represent the majority of CNBC’s advertising revenue.
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About the Author

- Mr. Dubin is the Managing Editor of TheNewsDoctors.com. He has 25 years of experience as an independent buyside securities and global macro analyst. He has well over a decade of experience as a financial journalist, editor and political analyst. He's primarily an autodidact, but his formal education includes degrees in economics, international relations and MBA. He welcomes feedback on his articles and will make an effort to respond to comments. Email Eric by sending to "Eric" and then @TheNewsDoctors.com. He can also be "followed" on Facebook: https://www.facebook.com/EricDubin

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