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On September 30th, 2008, a man dressed as a clown appeared on CNBC’s Squawk Box show during a segment discussing the bank bailout of Silicon Valley Bank. The man, who identified himself as Yes Men activist Reverend Billy Talen, proceeded to pretend to be Jesus and lambasted the banks and their role in the financial crisis.
The stunt was orchestrated by Talen and his team of activists, known as The Yes Men. The group has a history of using elaborate hoaxes and satirical performances to draw attention to issues of corporate greed, environmental degradation, and social injustice.
During the segment, Talen sat alongside host Joe Kernen and claimed that he had come back to Earth to warn people about the dangers of unchecked greed and the need for a more equitable financial system. He criticized the banks for their role in the housing market collapse and the subsequent economic downturn, stating that they had prioritized profits over people.
The segment quickly went viral, with many viewers applauding Talen’s boldness and creativity in bringing attention to the issue. However, some criticized the stunt as disrespectful to religious beliefs and argued that it detracted from the seriousness of the topic at hand.
Regardless of one’s opinion on the matter, the Clown on CNBC incident highlights the power of performance and satire in political activism. By using humor and drama to draw attention to important issues, Talen and The Yes Men were able to amplify their message and reach a wider audience than they may have otherwise.
In the years since the incident, The Yes Men have continued to engage in provocative performances and media stunts, often targeting high-profile corporations and political figures. Their work serves as a reminder that humor and entertainment can be powerful tools for social change, and that even the most serious issues can benefit from a little bit of levity.
Wtf. That guy is ridiculous
Serena Williams’s husband btw.
These are really rich people not taking the “L” for their bad choices but are happy to be bail out to keep their money and take advantage of our taxes money, the poor.
I am the stupidest person that i know.And I know that they should have had interest rate hedges in the form of swaps.Anyone above the rank of teller,if they have tellers,should never get a job except in starbucks.
What are you laughing at asshole… You're one of them!!! Grow up, you act like a damn teenager who seems to think he's better than everyone!!! You're part of the same click, bubble boy!!! By the way, be a little more careful of your title selection…
Kevin sorry but to be fair, you will also eventually be depending on the Fed to bail you out after House Hack apes into houses during the recession. The too-big-to-fail is the entire f*cking debt-based Western economy.
Kevin I saw your post ont twitter about the hex sticker! Pls give Richard heart a second chance. If you watch some of his old videos.. when he first launched hex. He experience public scrutinizing. Countless hours and countless interviews. He even had some of the top crypto lawyers bash him live. Prolly why when hex shot up, he was how he is to his haters. I remember seeing this guy stay online over 8 hours just chatting and live streaming for hex. Dedication. He outlast almost all the crypto gurus and never dissapeared through any crypto market crashes. He’s still here, and his products are un molested by exchanges and shillers. Very hard to buy hex for the regular retail. Meaning less munipulations. His new exchanges was created because of all the bullshit centralizations through ftx and much more shit exchanges that inflates through bridges. Bring him back on! During the bear market..he’s truly passionate about crypto
For anyone who is unaware, the dude in the video is the same woke clown that founded Reddit
This guy is not a banker he is one of the founders of Reddit that now helps tech start ups through venture capital… but yes he’s one of the protected 1%
The FDIC should absolutely not be using its very limited funds to bail out irresponsible wealthy depositors who held more than $250k in an account. This is a huge moral hazard in the making.
Risk management is just a numbers game. Most of the startups failed, but the ones that didn't (like Tesla, Apple, etc) make up the difference. Is Roku a success? Kevin seems to think all entrepreneurs are scammers trying to get on a gravy train, and yes there were some like Trevor Milton who were like that, but Silicon Valley was the springboard of so much that was successful in the US tech sector in the last 4 decades. Elon Musk and Steve Jobs were not flaky scammers, they were guys trying to solve big tech problems and they succeeded.
O man this is great
That was Gold at 5 min…. this guys is so full of shit.
Robinhood has shut down trading on First Republic Bank….. FRC. This is just like when they shut down trading on Game Stop….
What the fuck. Kevin thanks for animating how everyone was feeling.
Anyone else thing jim cramer looked like brain from pinky and the brain there… eek about right though
ESG not working out?! (Surprised pikachu)
This guy fucked up investing in 10yr bonds
Let’s be honest Biden and Obama have set out to destroy the United States and we are allowing the media fake media to brainwash the stupid people in this country which there are many.
WOAHHHH MeetKevin reacting to this CNBC video is EXACTLY how I react when watching MeetKevin videos !!!!
Videos like this make me miss all the drama in the finance space in 2021
Thank you for your honesty Kevin! Great content as always! Give it these people!! Much appreciated
This is so bad
Didnt realize this guy was such an absolute idiot
You know this guy has used the phrase “nascent companies” before lol
there is a rumor that Elon shorted SVB after Peter gave him a heads up
This guy's a tool lol
The Fed is just a big gang that runs the world through the USA.
Wait till your come to Jesus moment on your etf
Wait till you have a come to Jesus on your etf
The problem at SVB was not bad loans Kevin it was devaluation of the treasuries portfolio which was extensive and was mark to market there were extensive shorts on SVB which caused the panic, these shorts are traced to Soros. Kevin you are a damn joke.
Serena Williams husband?
Finally the real Kevin made an appearance. Good to see you again.
Disgusting. The bank fraud runs deep.
Comment for algo
99%+ of those startups (that are gonna save the world) were going to burn through all the cash given to them. Now taxpayers get to get in on that. Yay!