Portnoy pointed his finger and said "don't be a little bitch, Charles" as the segment ended. "Who's Gary Gensler?" asked Portnoy, who regularly trades stocks and promotes his investments to followers on social media, before Payne ended the interview while promising that the pair would "talk again soon." Payne continued his line of questioning by asking Portnoy whether he would be willing to help investors by pressuring Securities and Exchange Commission Chairman Gary Gensler to "change the rules." Portnoy laughed in response to Payne's insult, maintaining that he "liked" the insult before saying that Payne was "getting trolled" and "social media is making a mockery" of him. You're being a little bitch," said Payne. "Step up? How? You're making no sense," Portnoy responded. "Would you step up for these people, Dave?" Payne asked.
The Fox Business host said that many of the investors believed that Portnoy had "helped the establishment" when his followers needed him by selling off the stocks instead of holding onto them and questioned why he would "diss them now." Portnoy is pictured at SiriusXM studios in New York City on November 14, 2017. Payne chastised Portnoy for his "kind of cold" response, arguing that he is wealthy while some retail investors had put "all of their money" in the stocks.īarstool Sports founder Dave Portnoy and Fox Business host Charles Payne traded insults on air Thursday. Portnoy responded by saying that those who bought stocks because of him were "idiots," insisting that he does not "pay any attention to those morons." He then noted that he had lost $700,000 on the stocks after selling them at a low point while claiming that others had "lost a nickel." "They're so disappointed and angry at you. "So many of these people who were in this, a lot of them got drawn into it because of you," Payne said. On September 8, 2017, Payne’s suspension was lifted.Barstool Sports founder Dave Portnoy and Fox Business host Charles Payne traded insults on air Thursday while discussing stocks that spiked amid online hype earlier this year.ĭuring the latest edition of Making Money with Charles Payne, Portnoy became visibly upset and called Payne a "moron" after he was asked whether he would "step up" in support of those who had lost money on a selection of so-called "meme stocks" that he had previously championed online, such as AMC and GameStop. i would never use those words but children having tantrums on planes definitely gets me.
Fox business charles payne tv#
Her appearances were drastically reduced after she ended the affair in 2015 and reported Payne to Fox. tv Making Money With Charles Payne FOX Business Ap2:00pm-3:00pm EDT. Hughes, who kept an apartment near Fox’s Manhattan headquarters for the duration of the affair, claimed she believed it would help her obtain a permanent position at the network. Payne denied the charge, but acknowledged having had a three-year-long “romantic relationship” with Hughes before the accusation was made. In July 2017, Payne was suspended by Fox Business pending an investigation after a former network guest, Scottie Nell Hughes, accused him of rape. FOX Business host Charles Payne provides insight on the state of the economy, Elon Musks Twitter takeover and investing in the stock market on Making Money. “ PolitiFact described the claim as “mostly false”, noting that experts completely dismiss the causal claims put forth by Payne, and instead attribute the market crash to broader economic forces and long-term trends.
There was an instant reaction on Wall Street. In June 2019, Payne claimed, “When President Obama was elected, the market crashed … Trump was up 9%, President Obama was down 14.8% and President Bush was down almost 4%. In 2014, he became the host of Making Money with Charles Payne. In 2007, Payne joined Fox Business as a contributor.
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