CNBC Talking Head Jenny Harrington is holding the bag on NYCB losses
Jenny Van Leeuwen Harrington, CEO of Gilman Hill Asset Management and frequent CNBC contributor, owns up to holding on to her NYCB stock, which is in free-fall today and down ~60% over the last week.
Here’s the video:
She calls the management team “arrogant” and excoriates regulators on allowing the merger with Signature Bank.
She claims that she’s reduced it to a small position, but as recently as January, she was calling it “oversold” on social media and acknowledging that her followers had jumped into the position on her recommendation:

Another Tweet the next day saw her sticking by the position and begging “plssss don’t let me regret that statement!”

[…] Shares have rebounded and are now up ~5% on the day, which has to help offset some of Jenny Harrington’s losses on the stock. […]