Hosted by Tyler Mathisen, "Had Net Worth" provides avenues for viewers who had wealth to get the most out of the assets they have left, if any. Simply, there is no other program like this on television. This is a program that speaks to the ex-affluent. Mathisen and his guests celebrate the very best a frugal life has to offer, from coupon clipping and thrift stores to incredible TV dinners and sam's choice cola . Mathisen reports the very latest news on unemployment as well as news on tax evasion, fraud and foreclosure.
In an about-face, CNBC will be introducing bold and unprecedented programming changes to the network in response to recent market turmoil.
When asked why the flip-flop on the program Tyler Mathisen said he has no regrets for the revised plan. ``I will never apologize for changing a strategy or an approach if the facts change,'' he said.
Mathisen said he has no timeline for the remaining ``High Net Worth" programs, and reiterated that he's ``comfortable" that ``Had Net Worth" is ``what we need" to stabalize the ratings. Despite the change, Fitch today announced that it has placed CNBC on Ratings Watch Negative citing continued bottom calling since Feb 2008. Denis Kneil said, ``Look, we are in a bottoming process. Sure this process is 9 months old, but that's only because the Fraidy-Cats keep selling". Kneil reminded us that ``as long as you have an eleventy-year outlook you have nothing to worry about". ``Markets always come back over time. The Nikkei is just an anomaly".
