The Market Oracle: Investors Duped by CNBC Bubble Pumping Casino Propaganda - by Mike Stathis
Investors Duped by CNBC Bubble Pumping Casino Propaganda - by Mike Stathis
Note EU-Digest: "an interesting report on how news reports from stations like CNBC are spinning the financial news to Utopian heights and getting many investors to follow-up on their hyped-up advice. Its American Capitalism at its best, or is it?"
Mr. Mike Stathis is the Managing Principal of Apex Venture Advisors, a business and investment intelligence firm serving the needs of venture firms, corporations and hedge funds on a variety of projects. Mike's work in the private markets includes valuation analysis, deal structuring, and business strategy. In the public markets he has assisted hedge funds with investment strategy, valuation analysis, market forecasting, risk management, and distressed securities analysis. Prior to Apex Advisors, Mike worked at UBS and Bear Stearns, focusing on asset management and merchant banking.
Labels: Capitalism, CNBC, Spin Doctors, Wallstreet
