It was reported last week that broker Charles Schwab pulled its advertising from a CNBC show on the pornography industry.
On Thursday, Shwab reported earnings, and CNBC’s Joe Kernan fell all over himself to praise the company.
Kernan stated, “Schwab is a fine, fine company and a fine individual…and quite a sponsor for us.” Later, he added,Â “We are ready to just be sponsored on Squawk Box.”
The show then went to a break and what appears? A Schwab commercial. Coincidence?