Mark Haines

Mark Haines (April 19, 1946 – May 24, 2011) was the former host of the CNBC show Squawk Box. Haines then appeard on Squawk on the Street (which airs from 9-11am ET), which he co-hosted, along with Erin Burnett. Squawk on the Street was expanded from one hour to two on 2007-07-19, when then co-anchor Liz Claman of the highly popular Morning Call abruptly left to co-anchor Fox Business on the Fox Business Network alongside co-anchor David Asman.

Quotes

• "It’s just like when the Allies were victorious over Nazi Germany in World War II, when we occupied the country, we left a lot of Nazis in place because they were the ones who made the trains run on time and the bureaucracy function properly, etc. And it was distasteful, but you needed them. And in fact, our experience in Iraq kind of demonstrates the wisdom of that, because in Iraq we replaced the Baathist bureaucrats and the result was chaos. Not to compare Wall Street to Iraq or Nazi Germany, but the point is you need people who know what they’re doing."
• "Let's get back to what I regard as a fundamental issue here. I know it’s politically unpopular, politically incorrect. I know it goes against all of the populist indignation that’s out there right now. But you can’t really, 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."
  • CNBC, 2009-03-19
  • Explaining why Wall Street executives at companies that are involved in the global financial crisis of 2008–2009 should not be removed or their compensation reduced, in response to the AIG bonus payments controversy.