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CNBC Slashes Budget

  • 11/12/08 at 11:15 AM
CNBC Slashes Budget

Photo: Getty Images

Despite the fact that the network has owned the economic-crisis story, CNBC isn't immune to it, and its parent company is planning on slashing 10 percent of its budget, says the Observer. But fear not for the Faces of Finance: "We’re not planning to make any changes to personnel," an NBC News spokesperson tells the paper. We can only hope that includes allowing Maria Bartiromo to keep her highlights. If that lady goes full brown, we will know we are truly in dark times. [NYO]

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