Dylan Ratigan of CNBC Is Angry
Update: Dylan Ratigan has quit CNBC and is hosting Morning Meeting on MSNBC. Some have said that Ratigan was forced to quit. He ragged on AIG passing through bailout money to the banks as counterparties. Goldman Sachs and the banks should not have gotten a full reimbursement, and had AIG been in bankrupcy, the taxpayer would have saved a lot of money. Fact is, the big banks and Goldman Sachs are in control of the American government. What they say goes. That is likely why Ratigan is gone.
My own personal view is that Goldman Sachs and the banks are traitors to the middle classes of this country. They should give the money back to the taxpayer, at least to the extent that the derivatives were trading at. It is my view that Goldman Sachs has had undue influence upon the US government through former employees, most notably Henry Paulson and a person associated with Godman, new Treasury SecretaryTimothy Geithner. They are thieves and robbers and this website proves the connection between international bankers and the loss of sovereignty.
Dylan Ratigan is angry that the housing crisis was permitted to run on in the first place. Mr Ratigan realizes that the leverage of the investment banks and the efforts by them to sell dangerous mortgage backed bonds throughout the entire world caused this excessive demand for mortgage paper. At the same time this demand was increasing the underwriting quality backing these mortgages was declining. Dylan is angry and aren't you too? If you want to protest what the banks are doing please feel free to share this website and also this protest website: Dont Pay Credit Cards.
It was reported on 12/01/08 that the Bush admin knew years before that the no money down loans would lead to financial ruin and they let the bubble run on. It is my contention that it was the fed plan and the Bush admin plan to create that bubble in order to pay for a stealing, lying war in Iraq.
Now, Ratigan agrees with a military guy who has no credit by now, that the leveraging by the banks is a treasonous act because they knew their acts, their reckless betting, was not sustainable. It is my view that this treason reaches ALL THE WAY UP TO THE WHITE HOUSE.
The reason the powers that be will not count this behavior of economic suicide as being treasonous is because they may want to start another bubble somewhere else down the road. As one CNBC guest said, the Chinese make things and we just sell insurance to each other. Yep, we may not have serious economic growth without another bubble. I hope I am WRONG.
My own personal view is that Goldman Sachs and the banks are traitors to the middle classes of this country. They should give the money back to the taxpayer, at least to the extent that the derivatives were trading at. It is my view that Goldman Sachs has had undue influence upon the US government through former employees, most notably Henry Paulson and a person associated with Godman, new Treasury SecretaryTimothy Geithner. They are thieves and robbers and this website proves the connection between international bankers and the loss of sovereignty.
Dylan Ratigan is angry that the housing crisis was permitted to run on in the first place. Mr Ratigan realizes that the leverage of the investment banks and the efforts by them to sell dangerous mortgage backed bonds throughout the entire world caused this excessive demand for mortgage paper. At the same time this demand was increasing the underwriting quality backing these mortgages was declining. Dylan is angry and aren't you too? If you want to protest what the banks are doing please feel free to share this website and also this protest website: Dont Pay Credit Cards.
It was reported on 12/01/08 that the Bush admin knew years before that the no money down loans would lead to financial ruin and they let the bubble run on. It is my contention that it was the fed plan and the Bush admin plan to create that bubble in order to pay for a stealing, lying war in Iraq.
Now, Ratigan agrees with a military guy who has no credit by now, that the leveraging by the banks is a treasonous act because they knew their acts, their reckless betting, was not sustainable. It is my view that this treason reaches ALL THE WAY UP TO THE WHITE HOUSE.
The reason the powers that be will not count this behavior of economic suicide as being treasonous is because they may want to start another bubble somewhere else down the road. As one CNBC guest said, the Chinese make things and we just sell insurance to each other. Yep, we may not have serious economic growth without another bubble. I hope I am WRONG.
Three reasons to like Dylan Ratigan
1. Dylan Ratigan is smart and organized, mentally.
2. Dylan Ratigan is angry about what Wall Street has done and can relate to the average Joe.
3. Dylan is brave enough to tell it like it is.
I have a joke for you. (If you use it please give a link as it is my joke.) I realize that there is nothing funny for the people who lost money, but it is not in bad taste to deride a rat, so here goes:
Knock Knock
Who's There?
Bernie
Bernie Who?
Bernie Made Off with all your money.
(Ponzi King Bernie Madoff)
From Blonde Jokes
2. Dylan Ratigan is angry about what Wall Street has done and can relate to the average Joe.
3. Dylan is brave enough to tell it like it is.
I have a joke for you. (If you use it please give a link as it is my joke.) I realize that there is nothing funny for the people who lost money, but it is not in bad taste to deride a rat, so here goes:
Knock Knock
Who's There?
Bernie
Bernie Who?
Bernie Made Off with all your money.
(Ponzi King Bernie Madoff)
From Blonde Jokes
Dylan Ratigan at a Glance
This is my take on the housing crisis, which probably is shared by Mr Ratigan. First people are not buying because prices are still going down. Second they cannot meet the new down payment requirements that they didn't need during the bubble. Third, and this could be a major factor, people are afraid that just maybe if they buy there will BE NO MORTGAGE availability when they get ready to sell.
30 year mortgages ARE NOT A DIVINE RIGHT.
Dylan James Alexander Ratigan (born ) is an American television host primarily covering financial markets, the global economy, and politics. He currently hosts Morning Meeting with Dylan Ratigan, an MSNBC program airing weekday mornings.
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Dylan Ratigan CNBC Biography
Dylan Ratigan
Anchor "Fast Money," "Closing Bell"
Dylan Ratigan is the anchor and co-creator of CNBC's "Fast Money". Dylan also co-anchors "The Call" and the 3 p.m. hour of the "Closing Bell."
CNBC's "Fast Money" is a rapid-paced, highly charged hour where four of Wall Street's best traders debate and discuss the hot trades of the day. Ratigan serves as "The Commissioner" of "Fast Money", which now originates from the NASDAQ's MarketSite studio in New York's Times Square.
A veteran business journalist, Ratigan served as a Global Managing Editor at Bloomberg News until March 2003. In this position, he supervised more than 110 reporters worldwide covering investment and commercial banking, insurance, hedge funds, private equity, capital markets, securities trading and underwriting.
Additionally, he co-created and hosted "Morning Call" on Bloomberg and the USA Network and in the process conducted countless interviews around the world with notable business and political leaders.
Before moving to television, Ratigan wrote for Bloomberg News. He created the mergers and acquisitions beat and established Bloomberg News' capital markets and equity derivative coverage.
Ratigan has also worked as a contributor to ABC News and has published articles in newspapers and magazines including the New York Times, Washington Post, Miami Herald and the Chicago Tribune. He began his career at The Portsmouth Herald in Portsmouth, New Hampshire.
Ratigan speaks regularly at major events such as the World Economic Forum in Davos, Switzerland. He has won numerous awards including the prestigious Gerald Loeb Award for CNBC's coverage of the Enron scandal in 2004.
Ratigan holds a Bachelor of Arts in political economics from Union College.
Ratigan on CNBC
Anchor "Fast Money," "Closing Bell"
Dylan Ratigan is the anchor and co-creator of CNBC's "Fast Money". Dylan also co-anchors "The Call" and the 3 p.m. hour of the "Closing Bell."
CNBC's "Fast Money" is a rapid-paced, highly charged hour where four of Wall Street's best traders debate and discuss the hot trades of the day. Ratigan serves as "The Commissioner" of "Fast Money", which now originates from the NASDAQ's MarketSite studio in New York's Times Square.
A veteran business journalist, Ratigan served as a Global Managing Editor at Bloomberg News until March 2003. In this position, he supervised more than 110 reporters worldwide covering investment and commercial banking, insurance, hedge funds, private equity, capital markets, securities trading and underwriting.
Additionally, he co-created and hosted "Morning Call" on Bloomberg and the USA Network and in the process conducted countless interviews around the world with notable business and political leaders.
Before moving to television, Ratigan wrote for Bloomberg News. He created the mergers and acquisitions beat and established Bloomberg News' capital markets and equity derivative coverage.
Ratigan has also worked as a contributor to ABC News and has published articles in newspapers and magazines including the New York Times, Washington Post, Miami Herald and the Chicago Tribune. He began his career at The Portsmouth Herald in Portsmouth, New Hampshire.
Ratigan speaks regularly at major events such as the World Economic Forum in Davos, Switzerland. He has won numerous awards including the prestigious Gerald Loeb Award for CNBC's coverage of the Enron scandal in 2004.
Ratigan holds a Bachelor of Arts in political economics from Union College.
Ratigan on CNBC
P.S. If you buy something from this page...
... you'll automatically be making a donation to The Acumen Fund, working to solve global poverty.Doesn't that feel good?
MadMoney with Jim Kramer
The Underlying Housing Crisis and Prospects
No one knows what the future will hold. There are, I believe, three reasons why the housing market will not recover soon. These are not being fully aired on CNBC (because most of them are polyianna pumpers of prosperity).
1. The housing prices are still declining.
2. The down payment is now a formidable barrier to home ownership.
3. 30 year mortgages are not a divine right! Who knows if people can get credit to buy your home when you want to sell!
1. The housing prices are still declining.
2. The down payment is now a formidable barrier to home ownership.
3. 30 year mortgages are not a divine right! Who knows if people can get credit to buy your home when you want to sell!
Is CNBC GUILTY OF PUMPING STOCKS BEFORE THE CRASH?
Ratigan was not in the forefront of pumping like Barteromo, IMO.
IS CNBC GUILTY OF PUMPING STOCK TOO MUCH BEFORE THE CRASH?
Fetching blurbs now... please stand byYes They are Ethically Bankrupt
bgamall says:
They are ethically bankrupt. Except for a few of them, Ratigan, Mark Haines, etc, most are continual pumpers. I mean Erin Burnett, Maria Bartiromo, Larry Kudlow the king of pumpers, and the Power lunch commentators have continually pumped stocks knowing there were serious problems on the horizon. I view that as being irresponsible.
Posted November 15, 2008
No, They are Pumpers Because They Were Ignorant
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Speak Out: What do you think about Dylan Ratigan?
Share what you know about Dylan Ratigan.
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- tom weber tom weber Oct 10, 2009 @ 7:18 pm
- He is great, particularly the corporate communism idea. However, how about a presentation on how we have ended up with such a non-represenative senate in terms of voter basis (constitutional obviously), but also the requirement for clossure votes (how many people do those 40% who can really block things really represent? The chairmen ships and the need for bills to go through one committee after another. what is the real level of imbalance and can anything be done about it. It seems as if God decided on the 60% rule. This is like the wrotten bourough of 19th century British politics.
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- bgamall bgamall Dec 26, 2008 @ 1:46 pm | in reply to MindGuru
- Yeah, they always talk about interest rates regarding the housing recovery, which is necessary for the recovery of the economy and ultimately the stock market. However, it is how much collateral, or the size of the down payment that is hindering the housing recovery more than the interest rate. They don't talk about that too much.
It took hundreds of years for Holland house prices to recover when the tulip craze crashed. Something to think about.
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- MindGuru MindGuru Dec 22, 2008 @ 12:50 pm
- Those stock guys are usually just full of themselves without real knowledge, but a few offer decent advice. Thanks for this thorough coverage of this host.
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A guest on CNBC said that China makes things and we just sell each other insurance. I don't know if selling insurance will bring us out of this continuing deflation without another bubble of some sort.
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Bottom line about Dylan Ratigan. He wants the guys like Henry Paulson, who made out like bandits in the overleveraging, to give back the profits. He wants the guys who frauded investors with AAA bonds to go to jail. But the powers that be don't want that. After all they may need another bubble to be created someday.
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by bgamall
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