This is the kind of stuff that should send chills up the spine of anyone looking at business television for investment ideas…
“Financial analyst and Fox Business contributor Charles Payne, who has been fined by the Securities and Exchange Commission (SEC), been paid to promote now virtually worthless penny stocks, and smeared the poor as “indebted servants” to the government who are too “comfortable” living in poverty, is being rewarded with his own show, the network announced today.
Fox Business said the show, Making Money with Charles Payne, will debut on June 2 in the evening. FBN executive vice president Kevin Magee praised Payne as having “an incredible talent for identifying growth sectors in the markets and we’re excited to launch a new show dedicated to helping viewers spot these emerging investment prospects.”
See: Fox gives show to SEC-fined analyst who was paid to push now worthless stocks
This guy make’s CNBC’s Jim Cramer (the guy who was perma-bullish through the peaks of both 2000 and 2007: “Mad Money” indeed), and CBC’s embarassing guru Kevin O’Leary look almost reputable in comparison…