Doug Kass writes about 25 potential surprises in store for the market and business world in 2007. Two of them are related to business journalism.
Kass wrote, “24. Maria Bartiromo leaves CNBC to join Joy Behar, Rosie O’Donnell and Barbara Walters on ABC’s ‘The View.’ (At the same time, Elisabeth Hasselbeck gets booted off the show!) Another well-known CNBC anchor leaves to join a large hedge fund.
“25. Amid the early 2007 stock market euphoria, Jim ‘El Capitan’ Cramer’s ‘Mad Money’ show goes prime time on CBS. But it is canceled during the midyear market meltdown and returns to CNBC by the fall. CNBC extends the show to two hours by year-end after Cramer, The Movie reaps $38 million in its first weekend.”
Read more here.