Custom Search

Friday, May 7, 2010

Bob Griefeld, Wall Street's latest moron

Bob "boob" Griefeld, explains to CNBC viewers that a 60 second timeout on Proctor and Gamble stock necessitates a $60 billion haircut in the value of PG stock, and he does it with a straight face.  He m akes Lloyd Blankfein look like a saint!

Listen to this bumbling nonsense starting at 2:32 in the clip below.

"When you have the listing market, the primary market, deciding not to support the stock, not to trade it, that sends a signal. a signal to a very nervous market, and that signal is a negative signal, and that signal is there is something wrong with the stock. So instead of standing behind the stock, they basically walked away from it."

Oh my. You can't trade a stock for less than a minute, and then, this 60 seconds  justifies a $60 billion haircut? On Proctor and Gamble? And this moron is the CEO of NASDAQ? Who has his head, jammed firmly up his ass?


And then MCC, who normally I would get behind, sputters and spits that the NYSE was culpable!

I suppose MCC was trying to make a point, but maybe she should stick to what she does best!

But this time, Bob wanted to be the talking boob!

9 comments :

Anonymous said...

X under 53 looks good to me--what about you?

Anonymous said...

Only you would catch this, This is why this blog is so "on top" of everything, it is all in the details, details, details...

Anonymous said...

P : How soon do you think the ECB could announce QE? Could it be next week?

xumeiqing said...

2061028meiqing
birkenstock sandals
air jordan uk
oakley sunglasses
cheap jordans
hermes birkin
coach factory outlet
michael kors outlet
ed hardy
true religion outlet
true religion outlet

chenmeinv0 said...

oakley sunglasses
ugg boots uk
michael kors outlet online
asics outlet
adidas nmd
cheap ray ban sunglasses
coach factory outlet
coach outlet online
cheap jordans
cheap jerseys
2016.11.10xukaimin

Unknown said...

coach outlet store
carolina jerseys
tiffany jewelry
michael kors handbags outlet
cheap ray ban sunglasses
gucci outlet
polo ralph lauren outlet
seahawks jersey
cheap oakley sunglasses
canada goose jackets

Unknown said...

michael kors outlet clearance
ralph lauren outlet
hollister clothing
tory burch outlet online
coach outlet canada
christian louboutin
tory burch outlet online store
moncler outlet online
lacoste pas cher
oakley sunglasses wholesale
chanyuan2017.01.22

zzyytt said...

jordan shoes
dior glasses
kyrie shoes
paul george shoes
ferragamo belt
gucci belt
nike air zoom
vapor max
golden goose
moncler jackets

5689 said...

zzzzz2018.10.10
true religion
ralph lauren polo
coach outlet
air max 90
moncler outlet
coach factory outlet
moncler outlet
adidas superstar
nike outlet
jordan uk