Thursday, June 11, 2009

Barney Frank Walks Off Live CNBC Inteview About Executive Compensation

It's going to get heated. Congressman Barney Frank walked off a live CNBC interview following grilling from CNBC anchor Mark Haines. In this clip Haines does seem more interested in getting his point across then getting an answer from Frank, and Frank appears to have a short fuse. But is it the topic that has them both so hot and bothered? Most likely.

Haines unfortunately seems in this clip to be making some kind of side point. The real issue with government oversight of executive compensation is that it will provide another tool be able to muscle execs who don't fall into line on key government issues. A tool that hits the wallet.

1 comment:

  1. Wenzel,

    This is just how Frank is, see here:

    http://www.youtube.com/watch?v=CVMkEPWbwdE

    ReplyDelete