Lynn Jimenez hosted Bob Brinker's Moneytalk today. Lynn is the business reporter for KGO810 radio.
BOB BRINKER WAS DIGESTING TURKEY: Lynn said: "Welcome, Welcome. You're listening to Moneytalk.... I'm Lynn Jimenez, I'm in for Bob Brinker, who is taking a little break to digest his turkey. Now during the week, I'm business reporter for KGO Radio in San Francisco, and the author of, "Se Habla Dinero, the Everyday Guide to Financial Success."
STOCK MARKET WORST SINCE 1932....Lynn said: "There's no getting around it. It was a bad week for Wall Street. Friday marked stocks seventh straight loss.....This was the worst Thanksgiving performance since 1932.....For the week, the S&P gave back 4.7%, nearly a third of what it gained in October."
November 25, 2011, closing numbers:NO BOB BRINKER STOCK MARKET FOLLOWERS TODAY AND LYNN AGREED WITH THEM: There were several callers who said they had lost a lot of money in the stock market. And many who said they no longer invest in the stock market. To name a few: Patrick from Cupertino, California; Charles from Berkeley; Dennis from Alaska; John from Homer Glen, Chicago; Mike from Albany, Oregon and Peter from California. Even Lynn said she had lost a lot of her 401K in the stock market.
DJIA: 11,231.78 = down 4.8% for week
S&P: 1158.67 = down 4.7% for week
Nasdaq: 2441.51 = down 5.1% for week
Honey EC: Not one of those callers would have been allowed on the air if Bob Brinker was hosting the program today, but I got the feeling that Lynn was having to work at getting callers. Perhaps because of it being a holiday weekend.
BIG FIRMS MAKING PROFITS AND BUYING BACK STOCK. Lynn said: "Big firms are so sure of hitting their profit targets, they're buying their own stock back at a faster pace than they're spending on plants or infrastructure.....Pfizer is buying 5 billion dollars of its own stock back. That doesn't do a whole lot for hiring, and it doesn't do a heck of a lot for shareholders who buy and hold. But it sure makes top management happy because with fewer shares in circulation, it's easier for top execs to hit their profit targets and collect those big bonuses."
SCANDALS SCARE OFF STOCK MARKET INVESTORS AND FROST LYNN'S CUPCAKES...Lynn said: "My question is, do these kinds of scandals (MF Global) make you lose faith in the market? Do you feel nervous about investing in stock now?......Should there be criminal or civil charges filed....From my perspective, this frosts my cupcakes....This should not be happening, not at all....I just don't know when we are going to learn. It seems there's a scandal a month. Every time I come and substitute for Bob, it feels as though I have a new scandal for you. And I'm not trying to scare you off of the market.....I am not someone who believes in nanny-government, but there has been so many transgressions. I mean, it just seems that we've got to have a stronger hand in government. But the minute we try to take a stronger hand, someone in congress says we're going to cut the budget or they push-back on the bill and try to change it."
EXTREMELY PAINFUL FOR LYNN AND BOB.... Mick from Oregon, said: "I think that people are foolish for being in the stock market. I think a big problem we have in our country now is because of the stock market and I think what it does is it kills small business."
Lynn replied: "Do you know how hard that is for me to swallow and I don't mean that it is wrong. I mean, here we are money talk, you know, we talk about investing, about growing our corporations and our own savings. This has been extremely painful for Bob and me. Here we are. We're trying to help people grow their money. (Mike interjected: "There's other ways to grow your money.") Lynn continued: "I think you're right....Just plain saving helps too."
Honey EC: I replayed that three times to be certain that I heard Lynn correctly when she said, "This has been extremely painful for Bob and me." If you want to listen to it, it's about 29 minutes into the second hour. You can download the program from KGO810 radio archives for the next seven days.
If we take Lynn at her word, then we have to believe that Bob has said to her that these stock market corrections, that he is so cavalier about with callers, cause him "extreme pain." If that is true, then he regularly lies to Moneytalk audience and even Marketimer subscribers. He has said nothing about pain on Moneytalk or in Marketimer.
As a matter of fact, in the November Marketimer, Brinker compared the "waterfall phase" of 2011 (closing low 1119.46) to the "waterfall phase" of 1998 (closing low 957.28). Then he compared the "final test" of the 1998 (closing low 959.44) to the "final test" of the October 2011 (closing low 1099.23) and pointed out that both led to "relief rallies." So far, the S&P has not dropped below what he said was the 2011 "final test" closing low. Matter of fact, it hasn't quite dropped to his September 22nd "attractive for purchase" level of S&P 1129 -- yet!
Just last month on Moneytalk, Bob made it clear that "teenage corrections" were not anything he was worried about. This is from my October 23rd show summary,
If we take Lynn at her word, then we have to believe that Bob has said to her that these stock market corrections, that he is so cavalier about with callers, cause him "extreme pain." If that is true, then he regularly lies to Moneytalk audience and even Marketimer subscribers. He has said nothing about pain on Moneytalk or in Marketimer.
As a matter of fact, in the November Marketimer, Brinker compared the "waterfall phase" of 2011 (closing low 1119.46) to the "waterfall phase" of 1998 (closing low 957.28). Then he compared the "final test" of the 1998 (closing low 959.44) to the "final test" of the October 2011 (closing low 1099.23) and pointed out that both led to "relief rallies." So far, the S&P has not dropped below what he said was the 2011 "final test" closing low. Matter of fact, it hasn't quite dropped to his September 22nd "attractive for purchase" level of S&P 1129 -- yet!
Just last month on Moneytalk, Bob made it clear that "teenage corrections" were not anything he was worried about. This is from my October 23rd show summary,
Bob said: "Bill, here's the acid test for you. If you do not have the stomach for the volatility that is inherent in being in the stock market, then you really have to ask yourself what in the world are you doing in the stock market. Because if the stock market through it's fluctuations, and certainly we had a correction in 2011 and we had a correction in 2010, and both of them went into the teenage category. If it's something that's just too much for you to bear, you need to ask yourself why are you bothering with it at all."So my question to Lynn would be, do you ever actually listen to Bob Brinker when he hosts Moneytalk? Have you ever read a copy of Marketimer?
My question to Bob would be, do you actually listen to Lynn Jimenez when she fills in for you? If so, you are certainly not showing any consideration for your listeners by having a fill-in that might actually scare them out of the market. You had some very strong words for those recession bears for (according to you) scaring people out of the market. And the truth is lots of people have lost money while you are busy issuing new buy signals and recommending staying fully invested like your model portfolios. Your model portfolios are all down for the year. And worse yet, stock model portfolios one and two are still underwater from the all-time-high in 2007.
More of Lynn's topics of the day:
* MF Global bankruptcy scandal (Lynn claimed that Jon Corzine declined his $9 million severance pay.)* Will you have to work to age 80 before you retire.
* How to take deductions for a home office (second hour guest, Jan Zobel, San Francisco-Oakland tax preparer) .
* How to give your money away (third hour guest, Patrick Rooney, University of Indiana).
Dixiegeezer, who due to health problems, has not been able to go on photographic jaunts, sent this picture with these comments: "I drove over to Lakeland, Fl where the swans are….about 50-70 on this lake….along with geese and many duck." Click picture to enlarge and see the beautiful colors:
47 comments:
Did I hear Lynn advising people to split up their IRAs if they were larger than the $500K covered by the SPIC?
If she did say that, I don't think that's very good advice. I think most brokers like Schwab and Vanguard have separate insurance coverage over and above the SPIC.
Aqua..
BIG FIRMS MAKING PROFITS AND BUYING BACK STOCK.
Lynn said: "Big firms are so sure of hitting their profit targets, they're buying their own stock back at a faster pace than they're spending on plants or infrastructure.....Pfizer is buying 5 billion dollars of its own stock back. That doesn't do a whole lot for hiring, and it doesn't do a heck of a lot for shareholders who buy and hold. But it sure makes top management happy because with fewer shares in circulation, it's easier for top execs to hit their profit targets and collect those big bonuses."
I have to disagree with her. I think it is good for shareholder who buy and hold. Fundamental economics says that reducing the supply of anything puts upward pressure on the price.
Lynn also said:
"This has been extremely painful for Bob and me."
I don't remember Bob ever expressing this but I guess being a market timer and missing the biggest bear market of his lifetime would be a major embarrassment. Not to mention the loss of subscribers that would reduce his income.
"My question to Bob would be, do you actually listen to Lynn Jimenez when she fills in for you?"
Are you serious? Bob Brinker takes time off to do whatever it is he wants to do, not to sit around and listen to his substitute for 3 hours or so.
At this stage, I don't think he really cares who fills in or what they say.
Millrat
With today's market rise, will Bob Brinker change his web page AGAIN to show people that he's not afraid to make predictions in this market?
WHATTA CHARLATAN...........
Aqua,
I think I heard something about splitting IRAs and Lynn showed lack of knowledge in several things she told the caller about it.
She didn't seem to know that if you roll over IRA's, you have to be very careful not to take possession of it. If you do, it becomes a taxable event. However, she did tell the caller to check before making any changes.
BTW: I think you mean SIPC, not SPIC:
Securities Investor Protection Corporation, SIPC, is the U.S. investor's first line of defense in the event a brokerage firm fails owing customers cash and securities.
Jeffchristie said: "I don't remember Bob ever expressing this but I guess being a market timer and missing the biggest bear market of his lifetime would be a major embarrassment. Not to mention the loss of subscribers that would reduce his income."
I have listened to Bob Brinker since 1987, and I have never heard him say anything about the stock market was painful to him.
He never even expressed regret about the disastrous QQQ trade of year-2000. The only comment he made on the air (when forced to make a comment) was: "We were wrong."
And as you pointed out, he rode the stock market down 57%+ in 2008-2009 and never once said it was painful.
And Jeff....Now we are supposed to believe Lynn that this 15% correction was "EXTREMELY PAINFUL FOR BOB."
I don't think so!!! She lost all credibility with me when she made that statement.
It was an ego trip for her -- nothing more, nothing less.
Millrat,
How do you know what Bob Brinker does with his time off????
Lynn said he was "digesting his turkey."
Do you have reason to disagree with her? What, you saying he had ham?
I missed the third hour guest (How to give your money away.)
Did Mr Rooney mention following the advice of one Sunday financial talk show host?
Mr. Pig said...
With today's market rise, will Bob Brinker change his web page AGAIN to show people that he's not afraid to make predictions in this market?
WHATTA CHARLATAN...........
I had an experience with Brinker changing his website based on something I posted at Suite101. Two people were arguing the definition of market timing. Since it was a Brinker discussion thread, I suggested they use the definition at BobBrinker.com. It stated that you needed a crystal ball to do it right. Within one hour that definition was taken down. Brinker defenders accused that I made it up. Fortunately I had posted a screen print so there was little doubt.
Another time this happened was when Brinker had an audio clip of the featured caller of the week. David Korn posted at suite101 that he was the caller. It was taken down in a hurry.
From Honeybee’s Jimenez recap:
“There were several callers who said they had lost a lot of money in the stock market.”
“Even Lynn said she had lost a lot of her 401K in the stock market.”
On the face of these statements the listener may assume that the Stock Market can be risky.
What we can’t assume is that these losses are realized. Are people calling in to whine about their portfolio balances having declined? If you can’t stomach the roller coaster ride, find another vehicle. There are great buys in real estate, gold and silver, etc., etc. All the smart people know you can’t go wrong in that arena.
As for Lynn’s statement that “she has lost money in the stock market”:---- without digging deep into her portfolio and seeing her mix of investments and allocation, as well as, any schedule of her buying or selling. Her blanket statement that she has lost money is meaningless.
I’m going with the wild assumption that her portfolio (401k) is down; but, she hasn’t technically realized a loss.
Unless she sold her position. If she did that, I’m wondering on whose advice she made that move. I’m guessing it wasn’t Brinker’s advice. Honey, I ask you, has Bob made any recommendations to sell at depressed levels of the market?
Lone Star Loony
Birdbrain asked: "Did Mr Rooney mention following the advice of one Sunday financial talk show host?
Actually no. He was mostly dealing with donations that are tax deductible.
Oh wait...I take it back. Losses in the stock market are tax deductible. LOL!
Jeffchristie....Thanks for the reminder of those two hilarious Bob Brinker stories.
I remember when the one about the crystal ball happened. It was really funny.
I didn't recall the one about David Korn calling the program, but a friend has told me about it. :)
Lone Star Loony wrote: "On the face of these statements the listener may assume that the Stock Market can be risky.
What we can’t assume is that these losses are realized. Are people calling in to whine about their portfolio balances having declined? If you can’t stomach the roller coaster ride, find another vehicle. There are great buys in real estate, gold and silver, etc., etc. All the smart people know you can’t go wrong in that arena."
Lone Star Loony,
Some of the callers said that they had lost money in their portfolios, others said they had were afraid of the market and were completely out of it.
As for your suggestion that they get out if they can't "stomach the roller coaster ride," that is exactly what Bob Brinker said. I quoted him in the summary.
As for using other vehicles, that is exactly what caller Mike from Oregon said. He named several vehicles, like you did and Lynn agreed with him.
Lone Star Looney said: "As for Lynn’s statement that “she has lost money in the stock market”:---- without digging deep into her portfolio and seeing her mix of investments and allocation, as well as, any schedule of her buying or selling. Her blanket statement that she has lost money is meaningless.
I’m going with the wild assumption that her portfolio (401k) is down; but, she hasn’t technically realized a loss.
Unless she sold her position. If she did that, I’m wondering on whose advice she made that move. I’m guessing it wasn’t Brinker’s advice. Honey, I ask you, has Bob made any recommendations to sell at depressed levels of the market?"
Lone Star Looney,
I agree that what Lynn said about having lost money in her 401K, with no further information, was pretty meaningless.
And as you said, if she hasn't sold, then there is always the possibility of recovering her losses.
You asked if Bob Brinker has ever recommended selling at depressed prices. In general, the answer is no, Brinker advises not to sell into weakness.
And that fact may be the reason why he rode the 2008-2009 mega-bear market down fully invested.
It may also explain why he never even tries to get his subscribers out of 10, or even 20%, corrections.
Since he cannot predict tops, the alternative would be to sell into weakness.
So you may have hit right at the heart of why Brinker has become a simple buy-and-hold financial advisor.
All that is left for him to do, he does, and that is to try to call bottoms for people who happen to come into a bunch of new money.
Oh, and he recommends dollar-cost-averaging for day-to-day new money.
So his followers are always have every dime of stock market money in...you guessed it....the stock market. :)
Lone Star Loony wrote "As for Lynn’s statement that “she has lost money in the stock market” :---- without digging deep into her portfolio and seeing her mix of investments and allocation, as well as, any schedule of her buying or selling. Her blanket statement that she has lost money is meaningless.
I’m going with the wild assumption that her portfolio (401k) is down; but, she hasn’t technically realized a loss.
Unless she sold her position."
Why not take her at her word? She has been the business reporter at KGO for many, many years so I think she has a clue if she made or lost money.
BTW, if you paid $1,061,000 for a Las Vegas Condo 5 years ago and today you could only sell it for $179,000 would you also say you didn't lose any money because you have not sold yet and thus didn't realize a loss?
I think THAT is crazy....
If she bought QQQ on Brinker's advice when it was in the mid $80s... then she lost money because today it is only worth $54...
To say someone who didn't sell those QQQs recommended by Brinker "didn't lose money" would also be crazy.
get my drift?
Isn't frosting on cupcakes the same as icing on a cake? I would have said "it burns my biscuits", Lynn.
Why not take her at her word? She has been the business reporter at KGO for many, many years so I think she has a clue if she made or lost money.
Why would you? She does not know squat about the fundamentals of investment. She was educated as a journalist and picked up the lingo on the fly. She spends her spare time in Latino Political empowerment activities not studying the principles of Fiance and Investment.
Asset allocation is a form of market timing but it is one method that has a academic basis for actually working.
Now Larry Swedroe would argue the point, but then Larry will argue anything : )
Remember study after study have shown that the majority of a portfolios return can be accounted for by its asset allocation.
I am still waiting for a study that shows that Da Brink's brand of voodoo does anything other than put money in Brinker's pocket.
tfb
I hate to change the subject, but the Dow is up about 400 points today, so I thought it might be a good time to emphasize the value of buying when the stochastic oscillator is very oversold rather than when it is overbought.
This is day 3 of the rally, and so may not technically qualify as a "follow-through" day within the optimum 4-7 days of an apparent bottom in the correction. But I'll take it anyway! Hotcha Mama, what a rally...so far anyway!
"Remember study after study have shown that the majority of a portfolios return can be accounted for by its asset allocation."
Yes, if your assets are allocated to the winners! LOL.
But seriously what does that mean? As far a asset allocation being market timing do you mean the simple chore of rebalancing?
Asset allocation is not market timining, it is strictly a mechanical chore done automatically when the allocation deviates from your desired proportions.
beefstu
From ADVFN Newsdesk:
US Market Reports
Stocks moved sharply higher at the start of trading on Wednesday, as traders reacted positively to news of an effort by global central banks to boost liquidity. The major averages all showed substantial moves to the upside after ending the previous session mixed.
Currently, the major averages are posting standout gains, just off their highs for the young session. The Dow is up 369.83 points or 3.2 percent at 11,925.46, the Nasdaq is up 75.68 points or 3 percent at 2,591.19 and the S&P 500 is up 37.13 points or 3.1 percent at 1,232.32.
The initial strength came after the Federal Reserve, the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, and the Swiss National Bank announced coordinated actions to enhance their capacity to provide liquidity support to the global financial system.
The central banks said that the actions are designed to ease strains in the financial markets, mitigating the effects of the strains on the supply of credit to households and businesses and helping to foster economic activity.
News that the Chinese central bank cut the reserve requirements for commercial banks for the first time in almost three years has also contributed to the positive sentiment.
The markets are also benefiting from the release of a report from payroll processor ADP showing much stronger than expected private sector job growth in the month of November.
The report showed that private sector employment jumped by 206,000 jobs in November following an upwardly revised increase of 130,000 jobs in October. Economists had expected employment to increase by 125,000 jobs compared to the addition of 110,000 jobs originally reported for the previous month.
ADP noted that the increase was the largest monthly gain since last December and nearly twice the average monthly gain since May.
Read more
Obama's PIGS
Wow, what a day! Up nearly 500 points!!!
Ok, can we expect more tomorrow? Well, you can expect it, but do remember that we have now entered overbought territory, so the chances of a repeat from this level are slim. Not a betting proposition in my book.
Hence I took some BIG profits today in SSO. But I'm keeping the dividend paying stocks for now. Maybe I should have taken some profits on them, too. But they have some cushioning, paying 5-6% or higher. So I'll give them some room. But not too much at these levels. A bird in the bush is...no, wait...a bush in the hand...oh hell, you know what I mean!
But seriously what does that mean? As far a asset allocation being market timing do you mean the simple chore of rebalancing?
Yes, that is what I meant. And it is a form of market timing. It essentially forces you to sell your winners and buy the losers which is counter intuitive to most, but it is the only system I have seen that works and has a body of evidence to support it.
Of course how you allocate is up to you, but a standard 60/40 equity to short medium term bonds probably would have done well over the last 13 years as long as you rebalanced yearly or by percentage.
Kirk probably has the numbers on this as I think that is his core philosophy.
tfb
Dan...the updates are always appreciated. I firmly believe in technical analysis for entry points when taking knew positions, hence my interest.
tfb
.
Obama Presidential Library
.
Believe it or not, even after today's rousing rally, IBD still has the "market in correction". So they stuck true to their convictions that a follow-through day must not come before day 4 of the rally.
It can come past day 7, though the more days beyond that 4-7 day window, the lower the success rate.
I would doubt that tomorrow, day 4, will be the day because of the huge rally today. But it could, so be on the lookout. But if it does come, it's probably more likely to come next week after a bit of "back and fill".
Wow, what a week so far! So Brinker takes off the weekend after the worst Thanksgiving week of trading since 1932, and now will return after possibly one of the best weeks in a long time. Maybe Bob Brinker actually CAN time the market. He sure times his vacations right.
Listening to Moneytalk last Sunday most of the callers were extremely negative about investing in stocks. Lynn did nothing to refute their views. This week I expect Bob to be on touting how resilient this market has been. He will probably take another shot at the ECRI prediction for a recession. I bet very few if any bearish callers get past the screener.
Bob's Portfolios were in a fairly big hole YTD last Friday. Looks like this weeks big rebound will bail him out. When his November month end numbers come out I will calculate his YTD performance.
Aside from being overbought again, and the lack of a "follow-through day, there is one more problem to consider, IMHO.
The month of November is now in the books, so the new monthly MACD for the S&P 500 can be calculated. Sorry folks, it's still bearish. Not by a lot, but this is the 3rd month in a row it has had a negative reading.
So the caution flag is out for me. A "follow-through" day within the next several days would do a lot to improve the technical picture.
"Listening to Moneytalk last Sunday most of the callers were extremely negative about investing in stocks. Lynn did nothing to refute their views."
What should Lynn have done? Call them crazy for being out of the market?
As somebody posted here the other day, the market has gone nowhere for the past 13 years. Maybe folks should have been out of the market, at least they could have made some interest income. Not so much anymore.
Lynn is a fill in hostess, not a market guru. She did fine IMO
beefstu
MACD for the S&P 500 c
Is this the 200 day?
tfb
I think I know why old bob was not on this weekend. A friend of mine got back from Rome. One day he went to the Vatican and was not surprised by the huge crowd. As he worked his way for a better view of the goings on he noticed old bob on a stage in front of this huge crowd. Suddenly the Pope came on the stage. One of the on lookers shouted out “WHO IS THAT STANDING NEXT TO BOB!” Musta been one of bob’s relatives? :)
Sorry to be so scarce, friends...
My power has been off more than on since yesterday afternoon.
The Santa Cruz area is getting hit with an horrific wind storm.
This is the only downside to living on the edge of a mountain with huge trees hovering over you. =8(
Anonymoussaid...
"Listening to Moneytalk last Sunday most of the callers were extremely negative about investing in stocks. Lynn did nothing to refute their views."
What should Lynn have done?
Lynn is representing Bob. She should have said that this is not Bob's position at this time. Appreciate the call. This is Moneytalk. That is what Bob has done when confronted with this type of call.
Major shake-up in "KGO Country" AM 810. Some long time local talk show hosts have been shown the door in favor of a more news, less talk format.
Could this mean the end of Mr B in the Bay Area?
http://www.radio-info.com/news/kgo-san-francisco-to-go-news-and-information-drops-four-talkshows
"Lynn is representing Bob. She should have said that this is not Bob's position at this time."
Lynn is a fill in for Brinker for heavens sake, not a spokesperson to say what Bob is or is not thinking.
You are right when you say she probably has never read a Market timer newsletter, but she doesn't need to.
KGO just puts her on whenever Brinker is gone.
And she does just fine.
beefstu
Well, after another powerless evening and night, it's back on -- at least this minute.
I am shocked at what KGO810 radio has done.
I read through the discussion forum and didn't find any mention of Bob Brinker. Perhaps the weekend shows will remain intact.
KGO fired, etc.
Birdbrain,
Thanks for the heads-up. Here is the link:
KGO Firing Information
This just arrived at the KGO website. Looks like the weekend will not be cut:
You may have heard about the changes we're making to our on-air lineup on KGO. After careful consideration we’ve determined our audience is looking for more news, which is why we are increasing our news presence throughout the day.
The Ronn Owens program will continue to be the place where the Bay Area goes to talk about current events and breaking news, and we’ll still have great talk shows on the weekends as well as on our sister station KSFO.
I'm shocked at the news about KGO! I sure won't be sad if Carel and Taliaferro get the boot. I wonder if Len Tillem (the lawya) is gone,too.
They have been headed downhill for some time now in my opinion. They first let Dr. Dean Edell go, then Marty Nemko (career couselor supreme) was fired and replace by gay, potty-mouthed Carel. All terrible mistakes in my opinion.
I wonder if Ronn Owens will discuss it today at 9am. He seems to be the only one left during week days.
What seemed at first to have the makings of a "follow-through" day has now fizzled a bit, as the S&P rises to touch and back off the downward sloping 200-day moving average, and the slow stochastic flirts with a 100% "overbought" condition. Doesn't seem to be the stuff follow-through days are made of.
Could be time for a short-the-market hedge, though. I'm hedging with a small position in SDS.
Frankj:
Interesting news about KGO. I suppose those in the business understand it happens and they live with it.
KGO pink slipped Gil Gross, Gene Burns, Ray Taliaferro and John Rothmann
Rob in Pasadena
Gill Gross will probably still be shilling for NAR and CAR and their lobby on his weekend infomercial show on KABC and KSFO, Sirius/XM, etc.....Real Estate Today.
Rob in Pasadena
When KGO fired its hosts, it left us in the dark about the new schedule, including the fate of Bob Brinker's program. The KGO web site now has a schedule posted, however, and it seems that Bob Brinker is gone.
Oddly, the "contact us" page still lists Brinker's call-in number. I think that KGO is still working on updating its web site after the Thursday-night massacre, but it looks as though Brinker has lost the huge audience of KGO. (Maybe I should say "formerly huge audience", since KGO's faithful listeners are very angry and are likely to abandon the station.)
Post a Comment