Tag Archives: Maria Bartiromo
CNBC anchor Maria Bartiromo has neen named to the Cable Hall of Fame by the Cable Center.
She is the only business journalist to have received the honor in its 13 years of inductions.
The Denver-based Cable Center states, “Bartiromo joined CNBC in 1993 after five years as a producer and assignment editor with CNN Business News. In 1995, Bartiromo became the first journalist to report live from the floor of the New York Stock Exchange on a daily basis.
“In May 2008, Bartiromo received a Gracie Award in the category of Outstanding Documentary for her documentary ‘Greenspan: Power, Money & the American Dream.’ She was also awarded a 2008 News and Documentary Emmy for her ‘Bailout Talks Collapse’ coverage. In December 2009, Bartiromo was featured in the Financial Times as one of the ’50 Faces that Shaped the Decade.’
“Bartiromo’s book, ‘The 10 Laws of Enduring Success,’ was released by Crown Business, a division of Random House, Inc., in late March 2010. Her latest book, ‘The Weekend that Changed Wall Street,’ will be released by Portfolio/Penguin in early September 2010.”
Read more here.
Lulu Chiang, a senior producer at CNBC, interviewed CNBC anchor Maria Bartiromo about what has changed in business journalism in the 15 years since she began reporting live from the New York Stock Exchange floor.
Bartiromo said, “This is really special. Over the 15 years that I’ve been broadcasting, it wasn’t always easy. When the markets turned ugly, it was people’s money was on the line.
“I think one of the most important things that we were able to do on ‘Squawk Box’ when I first started broadcasting was open up the morning research call.
“More than broadcasting from the floor of the New York Stock Exchange, opening up the research call truly impacted individuals. I had a few of sources at some of the trading desks, and thanks to those people, it opened the door to other people.”
Read more here.
CNBC‘s Maria Bartiromo, anchor of “Closing Bell” and host and managing editor of the nationally syndicated “Wall Street Journal Report with Maria Bartiromo,” is ringing the opening bell at the New York Stock Exchange Wednesday to commemorate her 15-year anniversary of making history as the first journalist to report daily from the floor of the NYSE.
The stock exchange surprised her this afternoon with a cake honoring the event.
by Chris Roush
The StreetInsider.com site has a posting on Tuesday about the sharp decline in CNBC‘s viewership numbers.
It writes, “According to data from Nielsen Media Research, CNBC has lost viewership during every hour long block during the prime market news hours from 6:00 am to 7:00 pm EDT, with the biggest overall drop seen during the network’s ‘Mad Money’ show featuring Jim Cramer.
“The eccentric investor’s hour-long show starting at 6:00 pm lost 25 percent of its total viewer year-over-year in July, from 188,000 to 141,000, while its key demographic of viewers age 25-54 fell 24 percent for the show.
“Overall the network saw an 8 percent drop in total viewers year-over-year from 5a-7p, and 21 percent of its coveted advertising demographic.
“The key demographic is also turning off CNBC’s ‘Closing Bell’ with Maria Bartiromo in droves. The two-hour show has lost 31 percent of its key advertising viewers from 3p-4p in July compared to last year, and an even more staggering 40 percent in the second hour.
“Another of CNBC’s key shows, ‘Street Signs’ dropped 12 percent overall and 32 percent with the key age group.”
Read more here.
Jacob Goldstein, who writes for the “Planet Money” blog at NPR, reports that its attempt to take over the “Money Honey” trademark from CNBC anchor Maria Bartiromo has met some resistance from the U.S. Patent & Trademark Office.
Goldstein writes, “This official rejection letter from a lawyer at the U.S. Patent and Trademark Office landed in my inbox yesterday.
“The rejection had nothing to do with Maria Bartiromo, the CNBC anchor who trademarked her nickname then let the trademark lapse, inspiring us to jump into the fray.
“Instead, we ran up against ‘Muni $ Huni,’ a trademark registered by one Dae Chang Textile, Inc., of Santa Fe Springs, California.
“Dae Chang says it uses the trademark for sleepwear and underwear. A few minutes of searching turned up a single Muni $ Huni item: This ‘Black Semi-Sheer Ruffle Tank‘ on eBay.”
Read more here.
TALKING BIZ NEWS EXCLUSIVE
CNBC anchor Maria Bartiromo has been making the rounds in recent weeks to promote her new book, “The 10 Laws of Enduring Success.”
In the book, Bartiromo thanks a lot of people who have helped her become a success. She done the same in interviews recently about the book. Those mentioned in the book include former GE CEO Jack Welch and current GE CEO Jeffrey Immelt. Also included are NBC president Jeff Zucker and Mark Hofman, the head of CNBC.
Those thanked at CNBC include Jeremy Pink, senior vice president of business news; Tom Clendenin, vice president of marketing; Brian Steel, vice president of public relations; and CNBC producer Susan Krakower. Also thanked are other CNBC producers: Han–Ting Wang, Alex Crippen, Joel Franklin. Katie Kramer and Lulu Chiang.
Bartiromo even thanks Ciro Scotti, the BusinessWeek editor who oversaw her column that once ran in the magazine.
But one name is notably missing from her acknowledgements in the book and during her interviews – Roger Ailes. The current head of Fox News, who oversees rival Fox Business Network, is noticeably absent. Yet it was Ailes, when he was running CNBC, who hired Bartiromo and put her on the air. It was also Ailes who sent Bartiromo to the floor of the New York Stock Exchange, making her a star. (Ailes is only mentioned once in the book, on page 33, according to the index.)
His virtual absence from the book has people in the industry talking about the glaring omission. In her acknowledgements, Bartiromo writes, “One of the biggest lessons I’ve learned about success is that you can’t achieve it alone. I have never met a truly successful individual who does not rely on the enduring support of colleagues, friends, family, and others who have helped pave the way.”
What’s even more interesting is that Bartiromo has acknowledged Ailes’ role in her success in the past. In 2005, she did an interview with New York Daily News where she called Ailes “a terrific programmer” and said she would take his call “any day of the week.” At the time, it was speculated that Bartiromo might be using her relationship with Ailes to leverage a new deal with CNBC.
Steel, in an e-mail to Talking Biz News, said, “Maria has never been shy about thanking Roger for the opportunities he gave her early on in her career but she was more focused on the people who have helped her more recently and on the book in particular.”
The Business Insider CEO and co-founder Henry Blodget interviewed CNBC anchor Maria Bartiromo about her career as a financial reporter.
Blodget called Bartiromo “one of the most famous financial journalists in the world.” In the interview, Bartiromo discusses moving from CNN to CNBC, saying the business news network was the only place where she applied for a job.
“I did not have aspirations to become a leading financial journalist,” said Bartiromo. “I just wanted to be happy doing what I was doing.”
CNBC anchor Maria Bartiromo, who is currently promoting her new book, talked with Moira Forbes of ForbesWoman about her career.
Here is an excerpt:
Moira Forbes: What was the greatest challenge for you when you entered business journalism, and is there still undo scrutiny of women in these roles?
Maria Bartiromo: The playing field has changed quite a bit. When I first brought a camera with me down to the floor of the New York Stock Exchange, no one had ever done that. Being the first person to have a camera and get into the inner sanctum of this world was a challenge. Today, it’s very different. I’m happy to have helped pioneer and made it easier for other women.
You go down on the floor of the New York Stock Exchange today, and there are a number of women reporting. In business journalism in general, more women are continuing to rise and emerge. It’s changing, but it wasn’t always easy.
What exactly wasn’t always easy?
When I first got down to the floor of the New York Stock Exchange, a lot of people didn’t want me there. I remember one day when I went over to the GE post, hoping to introduce Jack Welch–then-CEO of GE and my boss’ boss–to the market maker. This one guy, standing at the post, three times my age, said, “Run along! You will not be here! This post is not going to go on your little TV show! Don’t even think about coming back here again!”
Read more here.
CNBC anchor Maria Bartiromo has a long interview with Lesley Stahl of “60 Minutes” on Wowowow.com in which she talks about her career, including being harassed on the New York Stock Exchange floor by the GE specialist and her opinions of recent coverage.
Here is an excerpt:
LESLEY: You need courage. But the press – we’re supposed to be the watchdog. And I don’t know if there’s been enough chest banging, you know, beating up on ourselves, so that it won’t happen again, because we weren’t wearing the watchdog hat, which is a huge part of our job.
MARIA: But the press has to be definitely taking more responsibility. And, you know, I agree that you really need to recognize that there were things missed; real things missed. Having said that, if you look at CNBC for example, all we do is business, all we do is the markets. At any given time in that period from 2006 to 2009, at any given moment in time, you could have seen Robert Shiller on air saying, “This is a house of cards about to fall.” You could have seen George Soros on air, I’ve interviewed him a number of times throughout that period saying, “I would be shorting this market. I’m betting against it.” You could have seen, at the same time, Angelo Mozilo saying, “Mortgages should be sold and mortgages should be taken out. This is the greatest time – Goldilocks economy.”
MARIA (CONT): So I want to make sure that I … we’re on the air, on business in the market, 24/7, 14 hours of live programming. And at any time you could have seen both sides of the story. So I want to make sure that that’s out there as well, because we certainly had a number of bears in that period on the story saying, “This is not sustainable.” But there was a moment in time, a mentality ingrained, that everything was great, and home prices would keep going up.
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Jessica Pressler of New York magazine profiles CNBC anchor Maria Bartiromo, spending time with her during one of her workdays.
Pressler writes, “Bartiromo, 42, is all business. She’s married to Jonathan Steinberg, son of the corporate raider Saul P. Steinberg, and lives on the Upper East Side in a townhouse, but, she confesses, she doesn’t do much besides work. ‘I love what I do,’ she says. ‘But I have not been able to figure out the balance in life.’ Still, it’s a long way from Bay Ridge, where, she says, ‘growing up, my nickname was Bullet, because I was always running faster than all the other kids.’ Even this family-gift run is work: She’s talking to me to promote her new book, The 10 Laws of Enduring Success. It’s a self-helpish memoir peppered with life lessons from the likes of Bill Gates and Jack Welch.
“Bartiromo is efficient like that. Her conversation with Watson will be sliced into derivatives that will pay off in various ways. A clip of it aired on her live show, Closing Bell. Afterward, she leaned in and—“That was so great, thank you so much”—got a few more moments of his very precious time for her other show, The Wall Street Journal Report. And of course exposure to such prestige enhances her own brand, which is that of someone who knows, gets, and is empathetic to Big Business.
“If this approach has made Bartiromo very successful (she’s the network’s top-rated personality), it has also gotten her in trouble: Back in 2007, she made headlines when a relationship with a Citigroup source was criticized as too cozy. At the time, she suggested to the Times that she was being targeted by envious peers.”
Read more here.