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Tuesday, May 31, 2011

Back Story -- MARK HAINES - 1946 - 2011



CNBC - Squawk Box on the Street
A Wall Street trading Anchorman

On May 25, 2011, Mark Haines, CNBC Anchorman of Squawk on the Street and founding anchorman of Squawk Box, died suddenly.

"He worked his way into this community very well," trading-floor legend Art Cashin said in a CNBC statement. "When the news popped out this morning it swept across the floor in a manner usually reserved for some large geopolitical event that moves markets."

Anchorman Haines is known to have been a no nonsense interviewer and sought "accountability" and "transparency" from CEO's and others that appeared on the morning shows and talked about the rise and fall of the stock market - Wall Street and the world.

He came to CNBC after working as a reporter and an anchorman of television in Pennsylvania (KYW-TV), New York (WABC-TV)and Rhode Island (WPRI-TV). After quitting Journalism in the 1980's, he went to law school and became a member of the New Jersey Bar Association. In 1989, prior to taking a position at a law firm, he was offered a position with, then fledging CNBC.

Haines was not a financial reporter, in fact, he cut out his niche by learning Wall Street and carving a space that allowed interviewing CEO's in the Wall Street market as a plus.

"Though known for taking the wind out of the sails of over-optimistic executives during an interview, he also had a Good Joe, from the neighborhood laughable side", said Mary Glass, Chair/CEO, Milwaukee Professionals Association.

Happy Trials.

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