Very good interview.

The full transcript is here:

http://www.cnbc.com/id/25978164/site/14081545/page/3/

I find it odd that the reverse split was the major talking point from the interview. Look at it in context. To me, it looks like he is saying that a reverse split is highly unlikely.

Faber: IT'S A VERY LOW PRICE. FORGET MARKET CAP. ARE YOU GOING TO DO A REVERSE SPLIT? IT'S EMBARRASSING TO LOOK AT SOMETHING WITH A ONE IN FRONT OF IT.

Karmazin: WELL, IT'S EMBARRASSING, AND I HOPE WE WON'T HAVE TO LOOK AT SOMETHING WITH A ONE IN FRONT OF IT FOR A LONG PERIOD OF TIME.

Faber: COULD YOU CONSIDER A REVERSE SPLIT JUST TO GET THE STOCK PRICE UP THERE? SOME PEOPLE CAN'T EVEN BUY THAT KIND OF A STOCK.

Karmazin: YOU KNOW, WE CAN CONSIDER ANYTHING, BUT THERE'S NOBODY THAT I FOUND THAT THEY REALLY CAN'T BUY IT. IF SOMEBODY REALLY WANTS TO OWN THIS STOCK and they WANT TO HAVE A GROWTH, THEY CAN BUY IT AT THIS PRICE. IT'S MECHANICS. IT'S A SPLIT, AND I JUST THINK THAT WALL STREET'S SMART ENOUGH TO KNOW WHAT THE VALUE IS.