CEO Jeff Zucker to quit NBC following Comcast merger

NBC Universal CEO Jeff Zucker, in an interview with the New York Times' Bill Carter, has said that he will leave the network when the company is acquired by Comcast.

Zucker acknowledged that the decision was "not his own choice," and said that "in the last nine months it became increasingly clear that they did want to put their own team in place -- and I didn't want to end up being a guest in my own house."

Zucker's departure from NBC has been widely expected, and his time at the network was marked by ratings problems at flagship network NBC.

The two issues which probably came to define the end of his 24-year career with the network include the hiring of controversial executive Ben Silverman to run the network's entertainment division, and the late-night debacle that brought Jay Leno from the "Tonight Show" to 10PM and then back to the "Tonight Show," replacing Conan O'Brien after mere months on the show.

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David Tepper - What lies in store for the US?

In a rare interview, David Tepper, hedge fund manager and president & founder of Appaloosa Management spoke his heart out on CNBC. Tepper is the billionaire who runs the $12.4B fund bringing cheer and joy to numerous people who have faith in his institution. Tepper explains what drove him to buy stocks at the depths in 2009 and why he remains very bullish about the stock market.

Tepper says there are only two posibilities at this point in the economy game:

either the economy improves and stocks rise

OR the economy will decline and the Fed will induce a rally in stocks.

For the full interview clipping visit : cnbc.com

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