Tag Archives: Maria Bartiromo
CNBC anchor Maria Bartiromo has dropped her request with the U.S. Patent and Trademark office on her “Money Honey” nickname, reports Richard Wilner of the New York Post.
Wilner writes, “Over the years, Bartiromo was said to have privately bristled at the nickname, feeling it demeaned her work. But publicly, she accepted it.
“In 2007, it became clear she couldn’t outrun it, so she filed to trademark the name on a host of products, including entertainment and educational services, a Web site, personal finance TV show, toy action figures, card games, jigsaw puzzles and toy cash registers.
“Brooklyn-born Bartiromo hired Edward H. Rosenthal, a Manhattan lawyer familiar with celebrity branding to handle the matter — and folks expected the cable star to roll out a host of products.
“But soon after her new seven-figure a year, multi-year deal kicked in last April, she walked away from the marks.”
Read more here.
The Financial Times has named CNBC anchor Maria Bartiromo as one of the 50 faces who has shaped the first decade of the 21st century.
The FT writes, “When the dotcom bust struck, few would have bet that the day traders’ ‘Money Honey” would emerge unscathed as a serious commentator on the market machinations that marked the decades’ end.
“Maria Bartiromo, the anchor of CNBC’s ‘Closing Bell,’ has made the transition from breathless market rundowns from the New York Stock Exchange to the inner circle of the business elite from Wall Street to Davos. Along the way, she has become a measure of the popularisation of financial news.”
Others on the list include former United Kingdom Prime Minister Tony Blair, former President George W. Bush and Brazilian President Luiz Inacio Lula da Silva.Â CEOs such as Lakshimi Mittal, Indra Nooyi and Jeff Bezos were on the list for business.Â In the economics section, Alan Greenspan, Ben Bernanke and Nouriel Roubini were also on the list.
Lulu Chiang, a senior producer at CNBC who works closely with Bartiromo, writes on her blog: “I have been Maria Bartiromoâ€™s producer over the past five years, alongside her during the biggest interviews of our careers.Â It has been a privilege to cover these stories day in and day out.Â I look forward to sharing more of our stories with you next year on air and in our blog.Â We hope to bring you even better work in the next ten years.”
TALKING BIZ NEWS EXCLUSIVE
The column, called “Face Time with Maria Bartiromo,” began in 2005. It was one of the changes made by editor-in-chief Stephen Adler to revamp the magazine.
The first column — a question-and-answer format with someone from the business world — was with former American International Group Inc. CEO Maurice “Hank” Greenberg. Her most-recent Q&A was with Blackstone Group investment strategist Byron Wien.
However, some staff members hated the column, feeling that Bartiromo was too light on some of her interview subjects.
Ryan Chittum of Columbia Journalism Review was especially embarrassed by Bartiromo’s interview with Obama economic advisor Larry Summers that ran this past summer. The magazine’s Elinore Longobardi criticized her for “lobbing softball questions” to Chrysler CEO Robert Nardelli back in 2008 as well.
John Carney of The Business Insider wonders why Obama economic adviser Paul Volcker walked out in the middle of an interview with CNBC anchior Maria Bartiromo.
Carney writes, “In case you missed it, here’s what happened. Volcker sat down with Bartiromo for an interview. But a few minutes into the interview he cut it short. He actually got up while the cameras were still rolling and walked away. You can watch the ending right here.
“It was the only time we remember someone walking off in the midst of a CNBC interview while the cameras were still rolling. And, in retrospect, the entire tone of the interview was off. At one point, Volcker started talking about what Bartiromo was wearing.
“Here’s our working theory: Volcker is a deficit and an inflation hawk trapped in an administration whose economic policy is built around deficit spending and loose money. He’s a team player, however, and doesn’t want to bad-mouth the administration’s policies. But he also won’t voice support for policies he thinks are destructive. So it was easier to dodge the questions and, when they could no longer be dodged, simply end the interview.”
Read more here.
Marketwatch media columnist Jon Friedman writes Friday that the biggest decision for new CNBC senior vice president Jeremy Pink is to determine who will be its No. 1 anchor — Maria Bartiromo or Erin Burnett.
Friedman writes, “Pink will show his hand by deciding which of the network’s two very popular anchors will get the most plum assignments, the choicest CEO interviews and the lion’s share of the network’s marketing muscle.
“The question boils down to this: Who will be the face of CNBC? Will it be the no-frills, iconic Bartiromo, who has been the top anchor there for many years? Or, can the younger, breezier, fast-charging Burnett overtake her? CNBC prefers to believe that there is enough airtime and turf to accommodate both of its talented anchors.
“Bartiromo first achieved prominence in the media a decade ago as ‘The Money Honey.’ Owing to her perkiness, Burnett originally carved out a niche as a Bartiromo-lite entry before attracting an audience that likes her chatty approach.
“If Burnett became the No. 1 anchor at CNBC, it would send a signal to advertisers, staffers and viewers that the network favored her lighter style.”
Read more here.
CNBC anchor Maria Bartiromo ranked No. 27 and fellow CNBC anchorÂ Erin Burnett ranked No. 28Â in Forbes magazine’s list of the most influential women in media.
The magazine stated, “Bartiromo’s job took on especial significance during the economic crisis, and she has interviewed figures in the thick of it, such as Bank of America’s CEO Ken Lewis, national economic council director Larry Summers and former Federal Reserve Chairman Alan Greenspan.”
On Burnett, the magazine stated, “The blue-eyed brunette’s good looks certainly haven’t hurt her career, she’s been nicknamed ‘Sweet Sweetie’ and been called a ‘knockout,’ on air by Chris Matthews.”
Suze Orman, who has a personal finance show on CNBC, is No. 18 on the list.
See the entire list here.
Ryan Chittum of Columbia Journalism Review lets Maria Bartiromo have it over her poor interview with White House economic advisor Larry Summers.
Chittum writes, “Bartiromo â€” again â€” doesnâ€™t ask Summers about his being ‘bought and paid for’ by Wall Street, as Portfolioâ€™s Ryan Avent put itÂ â€” pointing to a Felix Salmon rundown of Summersâ€™ earnings from DE Shaw â€” after the last Bartiromo-Summers faceoff just two months ago.
“As Avent said then:
But at least heâ€™s smart enough to pick an interviewer who wonâ€™t ask him the really tough questions, like whether his actions as Treasury secretary helped to pump up the financial-services bubble whose implosion weâ€™re all now suffering through, and whether he owes the American people an apology.
“Right. And here are some other questions she doesnâ€™t ask:
“Hey, Larry, why did you fight so hard against your own administration for Wall Street to keep derivatives unregulated back in the 1990s? Do you want to apologize to Brooksley Born? Why should anyone listen to what you say after youâ€™ve gotten so much so wrong? Why and how have you pushed aside Paul Volcker in the Obama administration? Why not put a cap on the size of Too Big to Fail institutions and break them up? Why do you still get Fâ€™s in ‘plays well with others.’”
Read more here.
CNBC anchor Maria Bartiromo was famously immortalized in a Ramones’ song that you canÂ listsn toÂ below.
Now, a Memphis group called 40 Watt Moon has a song about another CNBC anchor, Becky Quick.
Here are some of the lyrics:
“Squawk Box, she’s a fox,
The best thing about 6 o’clock
When I turn on my TV.
“Market falls, margin calls,
Think I mighta just lost it all.
Then she smiles at me.”
You can listen to the song here. I can’t find a video of the song yet.
Evan Cooper, deputy editor of Investment News, argues that the attraction for many who watch CNBC and other business news on television is that it’s more real than reality.
Cooper writes, “Thereâ€™s a drugged quality to the feeling we get as we stare at the moving pictures and are drawn into the TV world of clear beginnings, middles and ends. Who cares if itâ€™s real or worthwhile, itâ€™s exciting!
“In print, financial news can be dull to those who have not developed a taste for the subject. On TV, by contrast, financial news is like sports â€” itâ€™s up, itâ€™s down, thereâ€™s graphics, winners, losers. Thereâ€™s also good hair, gleaming white teeth and sex. Come on, Floyd Norris, the esteemed financial columnist of the New York Times, is brilliant and insightful and much better informed than Maria Bartiromo, but Floyd has as much TV wow as Ben Stein.
“We all want to watch Maria. But letâ€™s remember that Maria has more in common with the lovely Vanna White than she does with Floyd Norris.”
Read more here.
Friedman writes, “To compete effectively with CNBC and Fox Business, Lack’s focus likely will be to upgrade Bloomberg’s performance during the critical early-morning hours leading up to the opening bell.
“But it’s unclear whether Lack will elect to concentrate on building or buying talent at Bloomberg. He could go the cheaper route of trying to find a diamond in the rough and praying that he or she can attract a sizable audience. (When I was a reporter at Bloomberg, the company sent out a ‘blast’ email to its print-journalism employees, inviting them to try out for on-air positions on Bloomberg Television).
Or, Lack can attempt to recruit the best and the brightest at rival networks, a process that will be very expensive — and possibly impractical — during a recession. Bloomberg will have a challenge of showing growth in the terminal-leasing business at a time when the spending by the ever-shrinking Wall Street community is contracting dramatically.
Read more here.