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Macke and Adami: 'Bailout' Equals 'Failure' and Other Word Associations

Posted Dec 29, 2008 07:30am EST by Aaron Task in Investing, Newsmakers
Related: ^dji, ^gspc, ^ixic, DIA, SPY, QQQQ

Fast Money's Jeff Macke and Guy Adami aren't the shy, retiring types, so we thought it'd be fun to get their unfiltered commentary on some of the year's biggest themes, events and people.

As you'll see in the accompanying video, neither CNBC star pulled any punches, and "unfiltered" was definitely the operative word.

Note: This interview is part of a series conducted Dec. 4 at Minyanville.com's "Festivus" holiday celebration and charity auction. Follow the links below for more discussions from the event:

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82 Comments

Johnny Ike
Johnny Ike - Monday December 29, 2008 07:41AM EST

Hendry Paulson say, Bail-out is a success.as well as stimulus and the TARP.....

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Yahoo! Finance User
Yahoo! Finance User - Monday December 29, 2008 07:43AM EST

Many thoughts it will be successful.........Let see with in six months........We just start......

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Johnny Ike
Johnny Ike - Monday December 29, 2008 07:44AM EST

To be honest it is an old topic........anything new.....

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madmilker
madmilker - Monday December 29, 2008 07:48AM EST

sad tat doing the 08 season they didn't take their own advise. maybe tats why Fast Money rating sucked......

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you
Dennybro - Monday December 29, 2008 08:25AM EST

Bailouts are WELFARE!!!! to rich people. I'm out of the market. (for good)

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you
pkapusci - Monday December 29, 2008 08:42AM EST

The problem with the bail out - besides the bail out itself - is that once DC decided to do it, they did it without any real restrictions as to where and how the bucks would be used. So, guess what - the big guys gave themselves big bonuses but that isn't any news. What is worse is that they used the money to bail out the Private Equity sector and never did anything to help the ultimate consumer. So the rich got filthy rich and left middle class Americans with the bill - still unpaid.

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jpstud1 - Monday December 29, 2008 08:46AM EST

Don't worry, Obama's team of Summers and Rubin and Guithner are going to save us all. NOTT! They were the key architects of this crisis: http://www.democracynow.org/2008/11/25/naomi_klein_robert_kuttner_and_michael

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you
SAINT PETER II - Monday December 29, 2008 08:56AM EST

The only thing certain about these "shop till you drop" economic policies is that their authors will distance themselves from them, probably sooner that one might think. To see the first distancing from bailout policy by Paulson and Bernanke go to http://www.saintpeterii.com

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you
Yahoo! Finance User - Monday December 29, 2008 09:00AM EST

GO DOLPHINS !!!

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you
Yahoo! Finance User - Monday December 29, 2008 09:01AM EST

Gee, a couple of traders say "Buy and Hold" sucks?

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you
dano - Monday December 29, 2008 09:07AM EST

Bailout = Free Money. Correct, this is a rather old topic. Let's talk about the next disaster our government will implement.

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Johnny Ike
Johnny Ike - Monday December 29, 2008 09:33AM EST

I see 2009 is the year of prosperity and recovery.

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you
Yahoo! Finance User - Monday December 29, 2008 09:41AM EST

Why bailout the banks and carmakers........Bailout the Detroit Lions instead......Maybe a few million to draft Brett Farve to the Lions.

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you
MAO TSE TUNG - Monday December 29, 2008 09:44AM EST

Bailout the lions money would be better spent

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you
Yahoo! Finance User - Monday December 29, 2008 09:54AM EST

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Yahoo! Finance User - Monday December 29, 2008 09:56AM EST

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you
Yahoo! Finance User - Monday December 29, 2008 10:01AM EST

Welcome to the good ol USSA

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les4lessradicalus - Monday December 29, 2008 10:02AM EST

CNBC is part and parcel of the ObamaNation Network. I respect the positions taken by Mackey and Kudlow because they talk common sense and do know which end is up, but the rest of them including the Joker (Robert Reich) are just goose stepping to the Demo dot MoveOn.org line. Pure crap.

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Johnny Ike
Johnny Ike - Monday December 29, 2008 10:04AM EST

2008 is the Year of TARP and Bail-out.......it is working like a Battle Tank ........very offensive......

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Bob - Monday December 29, 2008 10:09AM EST

Our financial instutions have gotten themselves into practiceing unethical business. They have been caught up in their own lies and deceptive practices. Anytime anyone or any business devalues honesty, integrity, responsibility and common sense it is going to fail. Let's get back to good values because being sharp by being dishonest is a formula for failure. Bob

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