CNBC: Vince McMahon fired angle could have SEC repercussions

This is rich: According to Prowrestling.net, due to the angle on last night’s WWE Monday Night Raw where Bigfoot returned to “relieve Vince McMahon of his day-to-day duties in WWE,” CNBC sports business reporter Darren Rovell is speculating that WWE could actually face an SEC violation. Of course, the SEC is the Securities and Exchange Commission, a government entity charged with, essentially, overseeing the business dealings of publicly traded companies. What WWE did on last night’s TV show was make it look like Triple H fired Vince McMahon from his position as WWE chairman and took that position himself at the behest of the WWE Board of Directors. You know, I heard Macy’s stock plummeted in the 1940s when they hired an insane man to play Santa Claus at their 34th Street location. There was also that time that fake thing happened on a scripted TV show that didn’t affect business at all. (Well, Sean Waltman might have something different to say about that.)

Side note: If Vince McMahon really does leave TV for any amount of time, he’s doing it while he’s hitting his stride as a TV character once again. McMahon, in my humblest of opinion, was totally off his game during the Bret Hart angle last year, but he’s been totally on in the past month, not stumbling over words and mumbling instead of enunciating; he’s been funny when the moment called for it, serious and angry without overdoing it, just nailing everything spot on. So in the tradition as of late of JBL, Batista, Chris Jericho and CM Punk, McMahon rides off into the sunset, leaving us desperately wanting more. (But I’m not touching that WWE stock.) -Eric

One Response to “CNBC: Vince McMahon fired angle could have SEC repercussions”

  1. stuntgranny
    stuntgranny July 19, 2011 at 11:46 am #

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