Michael Moore Not Allowed into NYSE

Moore: They’ll let me on the floor tomorrow?

Bartiromo: We don’t have the permission…(stumbling)…to do that…

Moore: Has anyone been denied with you as a guest?

Bartiromo: Ummm, hey…let’s talk about health care a second….

* * * * * * * * * * * * * * *

First thing, know all the facts. Michael Moore knew he would not get into the NYSE. The proper paperwork for access to the Exchange was not filled out. Plus you are required to dress appropriately while being on the exchange floor (sport coat and tie). Moore had neither.

CNBC made it clear later on the day.

It was a publicity stunt designed to show everyone that big business (especially the health care companies) were trying to refuse access to Michael Moore.

If you worked in the financial industry, access to the NYSE floor is strictly regulated and is usually limited to brokers and specialists. Plus if you have special connections to any companies that are having IPOs or certain bureaucrats.

But come on... he just failed to fill out the paperwork and you cannot just show up at a moment's notice and demand entry to the Exchange floor.

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Posted by: Edmund Ng
Posted on: June 29, 2007 02:49 PM

I don't think it's the cap but I think it's because NYSE don't really allow T-shirts that are stucked out with jeans and snickers. keke. ;-)

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