Charles Schwab Removes Sponsorship from CNBC Porn Doc

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By kevin Comments

cnbc-porn.pngTVNewser ex-pat Steve Krakauer has a report on Charles Schwab removing a sponsorship from the Wednesday night CNBC documentary “Porn: Business of Pleasure.” Apparently, the investment services corporation didn’t want to be associated with the controversial topic. This is the first time anyone has blushed from something on CNBC since our grandmother first saw the ticker symbol for CRCAM Alpes Provence. Krakauer writes:

According to multiple sources, Charles Schwab, a regular sponsor of the 5pmET Fast Money program (as well as others) pulled its sponsorship from the program after a preview segment made it seem like Schwab was associated with the sex doc. Melissa Lee, anchor of Fast Money, also hosts the “Porn” special.

One source tells Mediaite that Schwab did not pull its sponsorships from CNBC as a whole, just chose to move its sponsored segments to other programs.