1. a mysteriously popular forum for professional sharks to fob off underperforming investments onto gullible amateur investors- particularly targeting the elderly and mentally incompentent.
2. a media outlet for stale news that has circulated through wall street and already been entirely priced in. see 1.
3. a t.v. channel where demi-literate carpetbaggers, carneys, and cockgobblers are invited on to maunder and prevaricate and thereby encourage everyone to throw their money away.
4. an eye magnet for bored, horny, attention-deficit disordered wall streeters
"That fat guy on cnbc just said the new economy would last forever and I should leverage my retirement savings into Sycamore Networks, MicroStrategy and I2 Technologies."
"That chick on cnbc might be stupid but she is hot. She has some dick-sucking lips."
"There is a fat hyperactive gremlin with a ritalin problem on cnbc with his own show, called MadMoney. He is a testament to special education in this country."