"Meltdown" and "Breakdown" are usual but when it comes from a man who is known for his calmness, it is quite surprising. Steve Liesman who is a senior economics reporter for CNBC Network couldn’t hold his emotions and experienced a surprising meltdown and gave a cogent reply to Rick Santelli. The CNBC reporter previously served for The Wall Street Journal as a senior economics reporter.
Steve's Professional Career:
Steve Liesman is the senior economic reporter who serves for CNBC Network. The correspondent reports on all the aspects that are related to the economy that includes the Federal Reserve and major economic indicators. Liesman runs the favorite show, ‘Squawk Box’ (M-F, 6AM-9AM ET) and as well as on the other CNBC business programs throughout the day.
Prior his work at the CNBC, the correspondent had served for The Wall Street Journal as a senior economics reporter. He would cover the energy reporter and cover the maximum information that is related to Moscow Bureau Chief. Liesman has many awards that include Emmy and Pulitzer Prize for his astonishing career in news reporting.
Steve Liesman and Rick Santelli Live Banter on Air:
While reporting news that relates to the inflation, a heated argument was exchanged between Liesman and Santelli at a program that aired on CNBC. Santelli works as the senior editor of the CNBC. The highlight of the program was the actual meltdown of Liesman in which Liesman had stated,
"It's impossible for you to have been more wrong, Rick. Your call for inflation, the destruction of the dollar, the failure of the U.S. economy to rebound. Rick, it's impossible for you to have been more wrong. Every single bit of advice you gave would've lost people money, Rick."
For the facts, the debate is over. Since 2009, there have been constant market crashes impacting on dollar rates resulted by the predicting hyperinflation. Both the correspondent were hundred percent wrong for their altercation of views.
How much Salary Does Steve Earn?
The salary of the CNBC is a mouthwatering for sure which is estimated to reach an average figure of somewhere around $600k. Though, Liesman has not disclosed any details of his wages and contract, the figures of his net worth are sure to touch a million dollar mark.
Steve is a Married Man!
Liesman shares a bundle of joy when he is with his family members. He is a married man and has been blessed with two children.
Despite the busy schedules from his work, Liesman has been able to give time to his wife and their two boys. But till now, the name of his spouse and their two children have not been revealed to the media.
Liesman and His Wife are Humanitarians:
Not only the couple have a successful career, but the couple has been working for various social welfare programs. In the recent times, Liesman had urged people to help and assist the people of Haiti in donating adequate basic emergencies.
Due to the Hurricane that caused mass destruction of living and damaging property, the population needed aid to recover the loss from the calamities. Liesman along his wife had donated necessary assistant through a non-profitable organization, CARE and had backed the campaign in helping the victims.
It was the appeal from the couple to assist the victim who had been suffered by the outrageous hurricane and flood in providing essential assistance for affected people.
Steve Liesman’s Short Bio and Wiki:
The senior economic reporter Steve Liesman was born in Bronxville, New York on 21st May 1963 which makes age 54. Liesman attended the State University of New York, Buffalo to graduate in B.A. English and later went to Columbia University Graduate School of Journalism to complete his education on an M.S. The reporter stands an impressive height and belongs to White ethnicity.