The greatest reporter by all accounts was Sidney Falco in Sweet Smell of Success. He'd charm his way past the secretary of great columnist J J Hunsecker, read the proofs up on the wire for who's gonna be mentioned in the next edition, then jump to 21 to tout his insider status: "I have you in Hunseker's next, baby!"
It's a good bet, like psychics make. If chances are even Jobs is better come spring, then you'd best go with the company flow. That way you might be tossed a bone about the new iMax iPhone or something ...
CNBC won't release its sourcing guidelines publicly? Sounds like you should dial up a former CNBCer (there's more out there now than ever) and see if you can pry them loose.
Owen, stick to financial stuff like this. You are so much better at it.
There are a couple of CNBC reporters who are mostly fraudulent. Gasparino is one -- his "sources" consisting of the New York Times, Wall Street Journal, Reuters, Bloomberg or whomever just put out the story that he goes on TV yelling about. Faber and Bartiromo have real contacts, and maybe Becky Quick too. The rest of them I never trust. They are just thieves.
Goldman (no relation to Jim) said, "CNBC has policies and guidelines that are followed by everyone. And we don't disclose those policies to the public."
I'm perfectly prepared to believe that CNBC reporting is FoS and having a policy that just says "trust us" doesn't help.
But I'm wondering about the other majors. Do other networks and newspapers publish their rules for sourcing?
This is a far smaller story than you are making out. Despite Apple's PR ineptitude, Goldman's "sources" can still be substantially correct. Goldman didn't say Jobs was "in tip top shape"; that's your invention. What did Katie Cotten say that you think was a lie? I can't find anything. What you're now saying presumes that the Apple board know medical reasons Steve Jobs won't be back in 6 months, and haven't disclosed them. That is exceedingly unlikely, because it would be criminal, and they are not stupid, have good legal advice and don't want to lose millions of dollars each.
The only inference I can make from the latest announcement is that some form of treatment is under consideration during the six months which may prevent him making day to day operational management decisions for a short period. Therefore a statement has to be made about the management implication of that, and a deputy explicitly identified. That's been done, and his medical advisers are now immediately free to have first call on his body and time, ahead of Apple, to pursue whatever treatment they decide, including surgery if required, during the next 6 months. Nevertheless, he's still expected to have plenty of time to work on Apple strategy.
But I repeat: when the board (which includes SJ) know he probably can't do his job any more for medical reasons, they have to disclose. Any reporter who says they have such undisclosed knowledge is saying the board of Apple are criminals. Better have good reasons.
@VaniaAstacus: Goldman did not say, "Steve Jobs is fine"? You are willfully ignoring Goldman's own reporting. The record is clear and public; why didn't you consult it before writing such a lengthy, incorrect comment?
Sounds like the entire Steve Jobs situation may be a board protecting the sharehokders and the company from the possibility of a loss in dividends at a particurlarly risky time in the market - corporations have a habit of "leaking" only the information they want to-
Could be Goldman was duped!
@InezHammer: If so, he hasn't admitted it. His CNBC colleagues Dennis Kneale and Dylan Ratigan have quizzed him about his reporting failures on air. Why do CNBC producers keep putting Goldman on to embarrass himself with sputtering denials? I can only conclude that, like a wrestling cage match, it makes for good television.
Now THIS is tearing apart a reporter - calling him out on sourcing. Neither reporter nor network will ever give up their sources, of course - but it's fair game to question whether those folks are for real.
Hmmmm.
Jobs previously had surgery for pancreatic cancer, which is nearly always deadly.
The pancreas produces insulin.
Insulin is a hormone.
Jobs has a 'hormonal imbalance'.
Hmmmm.......
04/03/09
04/03/09
04/03/09
04/03/09
Or maybe it's just hidden in the darkness on the edge of town.
04/03/09
04/03/09
01/20/09
Impeccable sources.
01/20/09
Ooops. We aren't suposed to tell.
01/19/09
01/19/09
Good job on not mentioning his height on this one. That's classy.
01/19/09
01/19/09
There are a couple of CNBC reporters who are mostly fraudulent. Gasparino is one -- his "sources" consisting of the New York Times, Wall Street Journal, Reuters, Bloomberg or whomever just put out the story that he goes on TV yelling about. Faber and Bartiromo have real contacts, and maybe Becky Quick too. The rest of them I never trust. They are just thieves.
01/20/09
01/19/09
I'm perfectly prepared to believe that CNBC reporting is FoS and having a policy that just says "trust us" doesn't help.
But I'm wondering about the other majors. Do other networks and newspapers publish their rules for sourcing?
Save me some research here.
01/23/09
AP Statement On Anonymous Sources
New York Times Policy On Confidential Sources
At a glance. I tried to find Reuters, but was unable to.
01/23/09
Happy reading!
01/19/09
01/19/09
The only inference I can make from the latest announcement is that some form of treatment is under consideration during the six months which may prevent him making day to day operational management decisions for a short period. Therefore a statement has to be made about the management implication of that, and a deputy explicitly identified. That's been done, and his medical advisers are now immediately free to have first call on his body and time, ahead of Apple, to pursue whatever treatment they decide, including surgery if required, during the next 6 months. Nevertheless, he's still expected to have plenty of time to work on Apple strategy.
But I repeat: when the board (which includes SJ) know he probably can't do his job any more for medical reasons, they have to disclose. Any reporter who says they have such undisclosed knowledge is saying the board of Apple are criminals. Better have good reasons.
01/20/09
01/19/09
Could be Goldman was duped!
01/20/09
01/20/09
01/19/09
01/19/09
01/05/09
Jobs previously had surgery for pancreatic cancer, which is nearly always deadly.
The pancreas produces insulin.
Insulin is a hormone.
Jobs has a 'hormonal imbalance'.
Hmmmm.......
01/07/09
01/05/09
01/05/09