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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.


TSX:BNS - Post by User

Bullboard Posts
Comment by nwatsonon Aug 05, 2008 11:33am
395 Views
Post# 15358345

RE: CNBC toasted by UK media.........

RE: CNBC toasted by UK media.........Mike Stathis has provided no evidence that Cramer provides good or poor investment advice.  His arguments are factless and based upon his own opinion.  Cramer provides technical and fundamental stock advice on the day that investors ask about a particular stock.  Just like the stock markets, technical trends and social or political influences can change the trajectory of specific stocks and ultimately alter his opinion.... yes, even one day later.  Much is the same with most programs on CNBC.  So, to say Cramer offers bad 'advice', without impirical evidence to demonstrate this, is simply niave and a technic often used by those who do not research any facts, but instead just lend opinion.  I'm not defending CNBC, but I know poor, basisless research when I see it.
You know why it took someone from the U.K. to write crap like this?  Because no American journalist would  take the time to ruin their career by providing an article declaring CNBC 'pumpers' after only researching the daily television schedule. 
Maybe the moral to Stathis' article is to do your own research.  Regardless, this man should not have a job writing about something he obviously knows nothing about and apparently makes no attempt to dissect his opinions or theories; perhaps he was confused to when Dr. Phil is on next.  IMO.

Good Luck,
nwatson

Bullboard Posts