Ron Insana 3-time Loser

In 2006, Ron Insana’s “popularity” with the sheep viewers of CNBC led to his resignation in order to start a fund of hedge funds (FoF).

I don’t know the details of this arrangement, but I’d say he was approached by some guys who had some access to investment capital, and they wanted to leverage Insana’s “popularity” on CNBC as a way to raise more capital.