Now this guy may be a very good economist, and may make good predictions, but using someone from a bank that just had to be sold because of bad decisions strikes us as strange. Of course, this is nothing new for the media.
You can look at any Sunday talking-heads show and see people who were wrong about the Iraq War, wrong about the effects of Bush's reckless tax cuts regarding federal deficits, and wrong about the economy chatting it up like nothing ever happen. Meanwhile, people who were right about these issues aren't represented on such shows nearly as often.
The media has developed cozy relationships with so-called "experts" and uses them regardless of whether they are right or wrong. While such a practice is great for the "experts", and probably produces great friendships between the media representatives and the "experts", it doesn't do a thing for the media's credibility.