CNBC host Mark Haines made yet another comment in defense of Wall Street and bailed out banks today. As Think Progress is continuously pointing out, Haines appears to be pushing the very line that CNBC is being most criticized for: the network's concern for Wall Street institutions that are also being blaming for the current crisis.
Today Haines told co-anchor Erin Burnett that the growing public attention to regulating executive pay is "getting scary."
Last week, during an interview with New York Congressman Charlie Rangel, Haines remarked:
"It seems to me, expect that these Wall Street companies are going to be run well by a bunch of people who don't make more than $250,000."
Think Progress also got that clip:
Eat the Press Editor Jason Linkins documented another Haines defense last week when he
argued with Democratic Congressman Sherman, asking "what do the people on Main Street know about running a financial system?"
Check out the video via TPM here:
Compiled by Katharine Zaleski
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