Posts Tagged ‘CNBC’
Mark Haines — He will be missed

Veteran journalist Mark Haines, a fixture on CNBC for 22 years, died unexpectedly Tuesday evening. He was 65 years old.
Haines, founding anchor of CNBC’s morning show “Squawk Box,” was co-anchor of the network’s “Squawk on the Street” program, providing insight and commentary sometimes humorous and occasionally acerbic.
CNBC President Mark Hoffman called Haines a “building block” of the financial network’s programming. Hoffman said Haines died at his home. “With his searing wit, profound insight and piercing interview style, he was a constant and trusted presence in business news for more than 20 years,” Hoffman said in a statement to CNBC employees. “From the dotcom bubble to the tragic events of 9/11 to the depths of the financial crisis, Mark was always the unflappable pro.
“Mark loved CNBC and we loved him back. He will be deeply missed.”
Haines may be best remembered for his calming and commanding presence during the 9/11 tragedy when he reacted unflappably to the furious stream of incoming rumor and even more astonishing truth with a professionalism that rivaled any television anchor, said CNBC senior economics reporter Steve Liesman…
Haines served as a news anchor for KYW-TV in Philadelphia, WABC-TV in New York, and WPRI-TV in Providence, before joining CNBC.
Haines held a law degree from the University of Pennsylvania Law School and was a member of the New Jersey State Bar. In 2000, he was named to Brill’s Content’s “Influence List.”
His death quickly reverberated through the financial community…
Traders at the normally bustling New York Stock Exchange paused for a moment of silence…
Haines was known for a lawyer-like determination to get at the truth, pressing guests for answers if they tried to avoid his pointed questions. CNBC reporters and anchors remembered Haines holding them up to the same standard…
I’m an old fart who didn’t get serious about investing till this last Great Recession pissed me off. Between incompetent mutual fund managers and the ever-increasing blather of “news” channels – I found myself watching the two professional financial channels to see what was going on in the real world.
In this new viewing world, there were five people I enjoyed watching and listening to – 3 on CNBC, 2 on Bloomberg. Mark Haines was one of those. A retiree, I always had the time to watch Squawk on the Street. And this week, my wife is home on vacation – so, both of us were watching the sad news come over the air, today.
Tears fill our eyes, sadness our hearts. He will be missed.
Image of oil spewing enthralling – for the first 2 minutes
It’s beginning to feel like this has been with us forever.
And harder for us to believe that one of these days, or months, or years, it will be gone.
It’s the live video feed from the bottom of the Gulf of Mexico. When BP engineers lowered those cameras in the first place, you can bet they never imagined that the resulting pictures would be watched by hundreds of millions of infuriated people around the world.
They were for in-house use — to monitor the well, a well that was intended to be an uncontroversial source of enormous profit for the oil company. The cameras were like the security cameras that most corporations install around their office buildings. Just a little something so the bosses can keep their eye on things…
The ceaseless image of the oil spewing has become like an international night light — except without the comfort. It’s always there. We can count on it, even though we’d prefer not to.
It has become the logo of the disaster. It is a ghastly portrait in perpetual motion. Every time there is a dash of hope that the oil will stop gushing, something newly bad happens. In recent days, it was the temporary removal of the containment cap deep in the Gulf. The oil surged harder. And we, in our spare moments, watched.
The television feed is like a heartbreaking mutation of those lava lamps from the 1960s and 1970s — those oddly shaped doodads with the colorful churn of liquid trapped inside, an undulating mixture hypnotic in its incessant and random kinetic swirl. The terrible difference, of course, is that the frantic churn from the oil pipe is not trapped. It is freely headed toward unwelcoming shores.
In my neck of the prairie, folks who maintain a fascination with that live feed are as demented as rubberneckers who hit their brakes and slow down to peer at carnage on the opposite side of the freeway after an accident.
But, the lazy dullards of the entertainment-as-news brigade really drive me to distraction when they stick a frame in the corner of “news” programs, hour after hour after hour showing that fracking bubbling pot at the bottom of the Gulf of Mexico. What are we supposed to learn from it? There’s nothing in that video as entertaining as a lava lamp is to a stoner.
About as useless as prayer groups gathering to implore some sky-dude to stop the leak.
Reality TV for truly stupid TV producers.




