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Spits out Coffee: Bloomberg TV Guest Compares GameStop Stock Surge to Capitol Hill Riot

During the Jan. 27 edition of Bloomberg TV’s Balance of Power, anchor David Westin asked Atwater, “From your research, from your reporting, is this about finance [indiscernible], or is [the GameStop stock surge] actually about politics or about social norms and a real resistance to sort of some of the institutions we’ve had, including going all the way back to 2008 and sort of a resentment about the fact that perhaps those in the financial system were not held properly to account?” Atwater then answered with his Capitol Hill Riot comparison. Westin’s only response to that absurdity was, “Again, we’re reaching for analogies because it’s so unprecedented.” He never corrected Atwater for tying Reddit investors to a riot where people were killed.

Here s How Cable News Is Covering the Inauguration of Joe Biden and Kamala Harris

Bloomberg Chief Washington Correspondent The inauguration programming will also simulcast on Bloomberg Quicktake. CNBC: Shepard Smith, beginning at 11 a.m. until 1 p.m. ET. The network’s coverage will also include reporting from CNBC’s Washington correspondents Eamon Javers, Ylan Mui and Kayla Tausche. CNN: On January 20, CNN will provide viewers with comprehensive coverage of Inauguration Day as President-elect Joe Biden is sworn in as the 46th president of the United States. Chris Cuomo will kick off CNN’s special coverage of The Inauguration of Joe Biden from 12 a.m.-2 a.m. ET, followed by Poppy Harlow and  John Berman and 

Bitcoin Is Here To Stay , Says Former U S Treasury Secretary Larry Summers

Former U.S. Treasury Secretary Dr. Lawrence H. Summers said last Friday (January 15) talked about Bitcoin and why its price should continue to go up in the long term. Dr. Summers is one of America’s top economists. Not only was Dr. Summers the 71st Secretary of the Treasury in the Clinton Administration, he served as Director of the White House National Economic Council in the Obama Administration, as President of Harvard University, and as the Chief Economist of the World Bank. Currently, he is the President Emeritus and the Charles W. Eliot University Professor at Harvard University. Summer’s comments about Bitcoin were delivered last Friday while being interviewed by David Westin on Bloomberg TV’s “Wall Street Week”.

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