CNBC’S "FAST MONEY" AND ROTOWORLD.COM TEAM UP TO PRESENT THE SECOND ANNUAL "FAST MONEY MADNESS"
CNBC's "Fast Money Madness" Powered by Rotoworld.com Kicks off on Monday, March 24th through the Championship Match-Up on Monday, April 7th
Bracket Selections Air on "Fast Money" at 5PM & 8PM ET on Wednesday, March 19th and Thursday, March 20th
ENGLEWOOD CLIFFS, N.J., March 19, 2008 --- If your dreams of winning the office pool are over, you still have a chance to win with "Fast Money Madness."
In the spirit of the NCAA Men's Basketball Tournament, starting Monday, March 24th, CNBC's "Fast Money" (M-F, 5PM & 8PM ET) and Rotoworld.com, America's #1 source for fantasy sports news, present CNBC's second annual "Fast Money Madness," a 64-company tournament representing the broadest range of industry and activity levels in the stock market. The industries are: Technology and Telecom, Home and Healthcare, Financials, and Commodities and Industrials. The series will run through Monday, April 7th. Brackets are available at CNBC.com.
Beginning Monday, March 24th, viewers can enter their picks on fastmadness.nbcsports.com and be eligible to win an all-expense paid trip to New York City and an appearance on CNBC's "Fast Money" live from the NASDAQ Stock MarketSite studio in Times Square.
"On 'Fast Money,' Wall Street and sports collide. The program's comprehensive analysis and play-by-play commentary of the day's market activity rivals that of post-game breakdowns from athletes," said "Fast Money" Executive Producer, Mary Duffy. "And with 'Fast Money Madness,' CNBC brings the excitement and competition of the NCAA Tournament to the stock market."
"Fast Money" anchor Dylan Ratigan and our four top Wall Street traders-Jeff Macke, Guy Adami, Pete Najarian and Karen Finerman-will decide the winner of each match-up through heated nightly debates. Like the NCAA Tournament, viewers get the excitement of seeing companies make it to the Sweet 16, Elite 8, Final 4 and the championship match between the two best companies to own.
"This collaboration between CNBC's 'Fast Money' and Rotoworld.com, fantasy sports provider for NBCSports.com, is a perfect synergy of NBC Universal properties and is an ideal opportunity to cross-promote two distinct brands that appeal to similar audiences," said Tom Clendenin, Vice President of CNBC Marketing. "By teaming up with Rotoworld.com, we are able to take 'Fast Money Madness' to a new level of gameplay that enriches the experience for the Fast Money community."
"Rotoworld.com is excited to partner with CNBC and bring an interactive element to 'Fast Money Madness'," said Rick Cordella, General Manager, Fantasy Sports, NBC Sports and Olympics. "The contest is a great twist on the traditional bracket game that will resonate with the passionate audience of 'Fast Money'."
For "Fast Money Madness," each bracket contains 16 companies seeded based on Wall Street analyst opinion, as measured by Birinyi Associates' www.tickersense.typepad.com
"Fast Money," anchored by Dylan Ratigan, is a rapid-paced, highly-charged hour where four of Wall Street's best traders debate the hot trades of the day. Faster than a New York minute, Dylan Ratigan and the "Fast Money" traders give you the information normally reserved for the Wall Street trading floor, enabling you to make decisions that can make you money. The "Fast Money" five gives you the news, as only the savviest traders can, with an angle that you won't see until tomorrow's papers.
Ratigan, who also co-anchors CNBC's "The Call" (11AM-12PM ET) and CNBC's "Closing Bell" at 3 PM ET from the New York Stock Exchange, leads informative discussions on the trades of the day with four Wall Street traders: Guy Adami, former executive director at CIBC World Markets and former head gold trader at Goldman Sachs; Jeff Macke, founder and president of Macke Asset Management; Pete Najarian, co-founder of optionMONSTER.com; and Karen Finerman, President of Metropolitan Capital Advisors, Inc.
For more information regarding "Fast Money Madness," including brackets and official rules, log on to cnbc.com.
CNBC's "Fast Money" airs weekdays at 5PM & 8PM ET on CNBC.
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.
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