Tuesday, May 04, 2010

Bloomberg's lack of insight

Bloomberg regularly highlights Dick Bove as an authority on banking, an analyst at whatever small firm he ends up associated with from year to year. Bloomberg's excuse may be that, since the awful Eliot Spitzer(a man that the New York Times is trying to revive) destroyed the public financial research industry, there are few financial analysts willing to talk. That's true.

Problem is, Bove is an attention seeking toxic guy. Well mannered and manipulative he finds his way on CNBC and Bloomberg, a sociopath of financial commentary. His call yesterday for the resignation of Goldman executive management is one of his attention seeking ploys, and it worked, headlines on Bloomberg.

Tom Keene, you seem like a really smart guy, but when Bloomberg facilitates Bove you lose your integrity.


Post a Comment

<< Home