Robert MacMillan of Reuters reports Tuesday that CNBC business reporter Rick Santelli and Steve Liesman, the chief economics correspondent for the network, got into it on the air when Santelli said that Liesman was asking stupid questions.
“Then this happened (Beware: Everyone was speaking over everyone else, so we might have missed a word or two here and there):
Liesman: Ask the question in a more compelling way: ‘I want you to save the world and not disclose.’
Santelli: Come on, Steve! Are we going to come up with excuses to break the rules? To break the law? You sound like Richard Nixon! Who did you vote for, Steve?
Liesman: All I was posing was the ethical issue here. If it helps out to stabilize the system, is there a compelling reason to not disclose? I am not advocating that.
Santelli: You don’t break rules in a crisis condition!
Liesman: If you want to blow a gasket on that, Rick, well then, blow it on somebody else — not me!
Santelli: Well, then don’t open your mouth and say dumb things!
Read more here.
Crain's Chicago Business is a leading source of news, analysis, and information on the business,…
Emma Sandler has been hired as associate editor at Agenda, a publication under the FT…
Cablefax Daily interviewed Fox Business Network anchor Liz Claman on her induction into the Cable Hall…
BBC News has hired Charlotte Edwards as a reporter covering money, work and technology. She previously was…
Reuters has promoted Hatem Maher to deputy breaking news editor for the Middle East. Maher has been…
Canada's Financial Post has hired Ben Cousins as a senior editor. He has been working as a…
View Comments
Any journalist who appears on CNBC has to have his head examined. This kind of showboating gives a serious boost to Fox.