Heard On The Street

By Chris Ariens 

TheStreet.com‘s Doug Kass writes “Every few weeks, I recap 10 tidbits I’ve picked up from trading desks and other industry sources.” Number 3 on his list is about FBN & CNBC…

“…The planning for the Fox Business Network and the acquisition of former CNBC reporters continues apace…being ‘courted’ are David Faber and Mark Haines and a well-known CNBC political commentator. Attempts to engage Maria ‘Money Honey’ Bartiromo in a multiyear, multimillion dollar deal were squashed, owing to her contractual obligations. (Her CNBC deal expires in 2009.) A half-hour show, ‘The Bear Cave,’ will be introduced in early 2008, featuring a well-known Kodiak. On a separate note, CNBC will be making some important after-market programming changes later this month.”

Let’s see if those “tidbits” turn into truths.

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