CNBC's Larry Kudlow apologizes for Japan earthquake remark
CNBC anchor Larry Kudlow has apologized for saying that people should be "grateful" that the human toll from the devastating Japanese earthquake appeared to be worse than the economic toll.
Kudlow made the comment during the cable business network's coverage of the quake on Friday.
"The human toll here looks to be much worse than the economic toll and we can be grateful for that," Kudlow said as he discussed the quake's impact with fellow anchors Melissa Francis and Trish Regan on CNBC's "The Call" Friday morning. "And the human toll is a tragedy, we know that, but these markets, all these markets, right, stocks, commodities, oil, gold, there is no major breakout or breakdown and I have to look at that positively."
Kudlow's remarks sparked criticism from some on the Web.
"In these tough economic times, isn’t it nice to know that calamitous natural disasters needn't have an adverse affect on your investment portfolio?" Jaime Lalinde blogged on Vanity Fair's website.
Kudlow apologized via his Twitter account later Friday.
"I did not mean to say human toll in Japan less important than economic toll.Talking about markets.I flubbed the line. Sincere apology," he wrote.
-- Jim Puzzanghera