CNBC Mad Money August 11, 2014
This stock market. Cant do it alone with the economy. We saw it this morning. In the glorious takeover hallelujah of Kinder Morgan by rich kinder himself and the s p is gaping 2. 8 and the nasdaq is jumping. There were many reasons for it to occur. First and foremost, rich kinder loves it when shareholders make money. And he alluded to that front and center this morning when i spoke to him on squawk on the street. But the main reason is that Kinder Morgan was having trouble growing because the cumbersome structure, the parent company, didnt let the business expand as quickly as it should. Even...