CNBC is "industrial-strength personal finance," SVP Jonathan Wald tells Marketwatch's Jon Friedman:

"Wald has no apologies for CNBC's strategy. 'My job isn't to broaden the niche,' he said animatedly. 'My job is to OWN the niche, in business news.' And he has no worries that [Roger] Ailes, who once ran CNBC, will hijack his staffers en masse. "They're all locked in to long-term deals," Wald said with a smile." More...