Rick Santelli is a CNBC Business News on-air editor who reports live from the Chicago Board of Trade. He frequently reports on interest rates, foreign exchange and the Federal Reserve.CNBC: Rick Santelli Bio
On February 19, 2009 Santelli made his feelings on President Obama's housing plan known as he made an impassioned speech on the floor of the Chicago Board of Trade. During his five-minute rant Santelli suggested that we, "reward people that can carry the water instead of drink the water…", and gained the support of many around him who responded with applause and cheers.MSNBC: Let Americans Vote... (February 19, 2009)
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The new administration is big on computers and technology. How about this, Mr. President and new administration. Why don’t you put up a website to have people vote on the internet as a referendum to see if we really want to subsidize the losers mortgages? Or would they like to at least buy buy cars, buy a house that is in foreclosure … give it to people who might have a chance to actually prosper down the road and reward people that can carry the water instead of drink the water?—Rick SantelliMSNBC: Let Americans Vote... (February 19, 2009)
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Rick Santelli
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He earned a Bachelor of Science degreeCNBC: Rick Santelli Bio
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Santelli began as a trade and order filer at the Chicago Mercantile Exchange in 1979CNBC: Rick Santelli Bio
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Santelli joined CNBC as an on-air editor in 1999CNBC: Rick Santelli Bio
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His focus is on interest rates, foreign exchange and the Federal ReserveCNBC: Rick Santelli Bio
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He is a veteran trader and financial executiveCNBC: Rick Santelli Bio
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Formerly handled institutional trading and hedge accounts at Institutional Financial Futures and Options at Sanwa Futures, L.L.C.CNBC: Rick Santelli Bio
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Worked as vice president of Institutional Futures and Options at Rand Financial Services, Inc.CNBC: Rick Santelli Bio
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Served as managing director at the Derivative Products Group of Geldermann, Inc.CNBC: Rick Santelli Bio
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Was Vice President in charge of Interest Rate Futures and Options at the Chicago Board of Trade for Drexel, Burnham, LambertCNBC: Rick Santelli Bio
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Santelli has been a member of the Chicago Board of Trade and the Chicago Mercantile ExchangeCNBC: Rick Santelli Bio
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Expressed disapproval of Obama's housing plan in February 2009
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Called for a "Chicago Tea Party" to occur in July of 2009
