Jeff Poor of The Daily Caller writers that CNBC reporter Matt Nesto did not have his contract renewed and speculates that it was because of some anti-Obama statements he made on the air.
“According to Nesto, the administration was circumventing the legal system with such a demand.
“‘I don’t think they [BP] had a choice,’ Nesto said. ‘In cutting the dividend or in joining up with that fund? I mean, cutting the dividend – yeah it is smart and prudent to save cash in the face of an unknown liability, but I’m very troubled by the fact, uh, that the President has once again created his own sense of, of a legal system.'”
Read more here. CNBC spokesman Brian Steel declines to comment on Nesto’s status with the network. His contract expires at the end of the year.
Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…
Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…
In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…
Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…
Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…
Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…
View Comments
It's very doubtful that he would've been "let go" over those statements. What he said was tame compared to the partisan right-wing nonsense uttered by his colleagues on an hourly basis. If anything, CNBC probably loves it when their reporters get political. They're hoping it'll boost ratings.