Eric Bolling Bolts CNBC's Fast Money for Fox?
I've been hearing rumors that Eric Bolling has left Fast Money for Fox. That has now been confirmed.
That's really too bad. First, the show had a good chemistry between all the participants, including Bolling. Second, Dylan Ratigan is a pleasure to work with, as is the show's producer, John.
TV Newser reported that Bolling showed up on FNC's Your World with Neil
Cavuto on Monday.
Additionally, Bolling's bio on
CNBC.com has been taken down...
I am not surprised he would lose in court -- big tv stations NBC/CNBC have really good lawyers writing their contracts. I can't imagine they would let someone just walk away."And we're learning new details about how difficult it was for 'The Admiral' to jump ship. TVNewser has learned that NBC retained Proskauer Rose, one of the most expensive law firms in Manhattan, to go up against Bolling. In addition, sources say NBC showed up in court with a team of lawyers and even got CNBC's VP of strategic development Susan Krakower to testify.
Sources say Bolling lost his argument in court, and cannot enter into a contract until his CNBC non-compete expires. And while his last appearance on CNBC was August 21, he showed up on Fox News Channel the next day, which means he may be able allowed to do one-time appearances."
I thought Eric fit in well with
I guess we can expect to see a bunch of poaching, with anchors going from Bloomberg to CNBC to Fox.
~~~
Also, the NYPost's page 6 has a story about a cat fight (page 6's phrase, not mine) amongst the female anchors of CNBC: NOT ENOUGH HONEY FOR CNBC
Thursday, August 30, 2007 | 02:30 PM | Permalink
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Comments
What happened to Tim Strazzini? Can we send Maria to some network nobody needs to watch?
Posted by: John F. | Aug 30, 2007 2:42:03 PM
So, this is actually paid work? I didn't think anyone watched that stuff.
Posted by: Mike M | Aug 30, 2007 3:03:52 PM
Eric Bolling? Admiral? Who, what, why?
This somehow affects my investment decisions? This might be fun for some gossip tabloid but who really cares.
Posted by: Ross | Aug 30, 2007 3:20:58 PM
I think it means that Fox made him an offer he couldnt refuse. Fox is really good at cherry picking their people. Neil Cavuto was the rising star on CNBC when they hired him years ago. It is a good sign for the Fox Business Channel because Bolling was one of the best personalities on CNBC. I am not sure what CNBC is becoming but I know it stopped being a serious business channel a long time ago. I am getting really tired of CNBC and cant wait for the Fox launch on October 15th.
We should have a contest to see who guesses correctly how long it will take the Fox Business Channel to surpass CNBC in the ratings. It wont take them very long.
Posted by: GerryL | Aug 30, 2007 3:38:03 PM
Great investment advice and gossip? Too good to be true :)
I did follow Bolling. His advice seemed to be down to earth.
Posted by: Ralph | Aug 30, 2007 3:40:24 PM
I'm waiting for the day that Erin and Maria put on the cheerleading outfits, complete with pom-poms. Goooo Stocks!
Posted by: Mike M | Aug 30, 2007 3:47:54 PM
Gooooo stocks! Awesome.
Posted by: Owner Earnings | Aug 30, 2007 3:52:51 PM
Bolling was alright...I liked it when he went on the air and panned GOOG because he had a dream about it the night before. That's what I like from my stock pickers...visions.
Posted by: Sergey | Aug 30, 2007 3:57:34 PM
Who the heck cares about these blovilators with their mostly 'content free' shows that are imbued with personal subjective biases and rank propaganda.
These shows ALL pretty much suck why waste time watching unless you're bored.
Posted by: km4 | Aug 30, 2007 3:59:53 PM
I hope they put Tim Seymour on. DR,Macke and Adami, are all talents-- I hope they keep it going- I think its a great show.
Posted by: mrkcbill | Aug 30, 2007 4:04:39 PM
Bolling's explanation of inflation was the most incoherent I've ever seen. Absolutely amazing that they had a technician (of all people) explain inflation. I laughed so hard.
Posted by: Thatguy | Aug 30, 2007 4:05:55 PM
Rupert Murdoch believes that CNBC is anti-business. That gives you an idea what to expect from this new channel. When all the criminal activity and negligence by investment banks, lenders, rating agencies, etc., that occured during the past few years comes to light, better change channels away from Faux to find out the truth. Don't expect Cavuto to dig too deep on those stories.
Posted by: Hayduke | Aug 30, 2007 4:07:13 PM
damn, i was a big admiral fan. surprised he bailed as I really liked the lineup with these guys. never appreciated Dylan until he took over this show.
Posted by: ndog | Aug 30, 2007 4:33:13 PM
damn, i was a big admiral fan. surprised he bailed as I really liked the lineup with these guys. never appreciated Dylan until he took over this show.
Posted by: ndog | Aug 30, 2007 4:34:50 PM
You mean people actually take Boiling seriously?!?!?
Seriously? Wow.
Posted by: Kp | Aug 30, 2007 5:02:50 PM
Go Barry! No 4 on the Top Blog List!!!!
Posted by: babygal | Aug 30, 2007 5:13:28 PM
-Erin is my objectivologist sweetheart. She's no GE shill.
-FOX will make Jack Bouroudjian look like a depressed malcontent.
-Maria's last trick was Dr. Benber N. Anke. But, he's repented I think and won't get caught any more.
Posted by: Eclectic | Aug 30, 2007 5:14:21 PM
CNBC is completely inane. Painful to watch, actually. (And was even worse when they had Cavuto on board, though the Jim Rogers spots were a decent counter-weight.) Well-written financial books and blogs are by far the best way for common folk to increase both their macro and micro intelligence. Television is nothing more than a sci-fi box whose sole purpose is to brainwash viewers into debt enslaved, zombie airheads. Seriously. It used to take chains, arms, killer geography and the like to enslave people; now it's done with marketing. Brilliant.
Posted by: dukeb | Aug 30, 2007 5:17:23 PM
Bolling will be unemployed in six months when this fOx channel bombs. If its anything like the saturday shows, it's already toast. one sports channel and two stock channels? no.
Posted by: bjk | Aug 30, 2007 5:20:33 PM
Wait. Bolling was on Fast Money last night and was excellent as usual.
The entire gang did an ETF mini seminar.
Excellent stuff.
I agree with Barry that Fast Money's chemistry is superb.
Terrible loss if the Admiral jumped ship.
Posted by: im1dc | Aug 30, 2007 5:34:55 PM
Lets hope that Maria The Lisp finds herself at a diction teacher, at least.
Posted by: Norman | Aug 30, 2007 6:21:54 PM
This week researchers announced that a storm is coming--the most intense solar maximum in fifty years. The prediction comes from a team led by Mausumi Dikpati of the National Center for Atmospheric Research (NCAR). "The next sunspot cycle will be 30% to 50% stronger than the previous one," she says. If correct, the years ahead could produce a burst of solar activity second only to the historic Solar Max
Posted by: Getoutofdodge | Aug 30, 2007 7:10:38 PM
We want more BR on CNBC. Some sane analysis. Murdoch thinks CNBC is anti-business? What channel has he been watching? Was he watching a few weeks ago when the Money Honey was cheering(I'd use a different word .. but I'm trying to keep it clean) when the Dow broke into positive territory after being down 300 earlier in the day? Will Murdoch hire away Kudlow?
Posted by: Joe Klein's conscience | Aug 30, 2007 7:17:00 PM
That's a bummer. Ratigan is a star. His ability and knowledge are second to none. I agree there was good supporting chemistry with the rest of the cast, part of which Bolling was.
But I think it's a bad move on Bolling's part. Why? Ask Michael Hollie, Eric.
Fox Sports three years ago lured away budding ESPN star Max Kellerman from ESPN's Around the Horn of which Michael Hollie was one of the star contributing sportswriters. Well, Fox sports cancelled the show after 6 months because the ESPN franchise was just too strong to pry viewers from. Hollie has been back on the Horn as a sub, and is burried on the depth chart and thereby rarely ever gets on.
Unless CNBC really screws things up, and a show like Fast Money builds a base with their audience and is the direction they need to be going, Fox Business Channel will meet a similar fate. Why? Because they love to coddle business overthere with wildly over optimistic bulls and then superbulls which will work great in a bull market. But that will go really south in a hurry in a major stock market correction as their viewers will question how appropriate their content is for their (aka the small guy's) interest vs. them selling a bill of goods. In fact I believe this is now plainly visible to anyone who has watched the Saturday morning Business Block, as the permabulls have struggled articulating the words credit crunch.
[Just a guess, but I bet Rupert Murdoch, on Neil Cavuto's advice, sent a really pretty gal over to Eric with a contract and Bolling's thinking became impaired.]
RATHER, the Fast Money cast should've negotiated as a group between CNBC and FBC. Now THAT could've worked. And Dylan, you're the man in the catbird seat!
Posted by: Chief Tomahawk | Aug 30, 2007 7:18:02 PM
You think Bolling did it for the money??? lol I've read he makes a supposed $15-$20 million a year.
He's just following Liz Claman, Getting off the Titanic before it sinks. Can't wait to see those two on FBN. They let Liz get away! idiots!
and to the person that says Fox Biz is going to bomb, hahaha
Posted by: Mike | Aug 30, 2007 7:52:29 PM
