Quote from Pekelo:
You Sir know shit, I mean you are mistaken...
"Mr Zuckerâs leadership of the company. So, it is little surprise that he is eager to talk about CNBC, the business news channel that has just delivered its fourth year of double-digit growth in operating profits.
"NBC Universal does not disclose such numbers, but CNBC is reputed to have become its second-most lucrative channel after USA Networks, with an operating profit of between $300m and $400m. "
" CNBC claimed the wealthiest viewers of any cable network in US trading hours in the fourth quarter, citing Nielsen figures "
http://www.ft.com/intl/cms/s/0/58992544-0b77-11df-8232-00144feabdc0.html#axzz1jpd0GU5V
Funny how different a year can be. The article I had read was cited a few posts lower is from 2011. Your's is from 2010. The article from 2011 acknowledges that the chanel has hisotically been very profitable.
Since you are living in January 2010, I'll give you a hint for your trading. Short Goldman now! I think it's around 160. You won't be sorry.