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Sunday, March 29, 2009

Why is Dylan Ratigan Gone from CNBC's Fast Money?

Dylan Ratigan is no longer listed at host of CNBC's "Fast Money" nor is his picture on the Fast Money web page.

Dylan hosted the show Thursday March 26th and was gone on Friday March 27th with Melissa Lee as the fill-in host.

From TVNewser:
"More details are emerging about the abrupt departure of Dylan Ratigan from CNBC. We just got off the phone with CNBC spokesperson Brian Steel who says, "Dylan has told us he is leaving effective today."

In what was a mutual decision, Steel tells TVNewser, "Due to the serious economic times in which we live, we made a decision that it would be a distraction for Dylan to host 'Fast Money' today."
My Theory why Dylan left without a goodbye to his audience

Dylan Ratigan may have gotten too close to the truth with
this radio interview
where he compared the people making money at the major investment banks to the crooks at Enron. He gives very clear details how "people" sold insurance for faulty investment products, kept the fees for the policies but had insufficient reserves to pay the claims most anyone with a brain should have expected given they were making loans to people who we knew could not pay them back once rates adjusted up or housing prices fell.

Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 99% (nearly a double!) vs. the S&P500 DOWN 19% vs. NASDAQ down 25% vs. Warren Buffett's Berkshire Hathaway (BRKA) up 30% (All through 4/14/09) (More Info)

What do you think? Why would he vanish without a word or a farewell party?

Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 99% (nearly a double!) vs. the S&P500 DOWN 19% vs. NASDAQ down 25% vs. Warren Buffett's Berkshire Hathaway (BRKA) up 30% (All through 4/14/09) (More Info) FREE SAMPLE

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