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Dan Dorfman

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BUSINESS
December 5, 1995 | From Bloomberg Business News
Time Inc.'s outside lawyers have hired a private investigator to look into the business practices of financial columnist Dan Dorfman, a source familiar with the situation said. Dorfman has been on paid leave from Time's Money magazine since Oct. 27, after BusinessWeek magazine reported that federal prosecutors were investigating his ties to a New York stock promoter.
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CALIFORNIA | LOCAL
June 19, 2012 | Times Staff and Wire Reports
Dan Dorfman, an influential print and television financial journalist whose daily stock market reports — a mix of market news, rumors and tips — on CNBC in the 1990s often immediately boosted or lowered the price of a stock, has died. He was 80. Dorfman died Saturday in New York of cardiogenic shock, a heart condition, according to his family. Once dubbed the "nation's most prominent stock market tipster," Dorfman was hired by CNBC in 1990 after more than two decades of writing financial columns for the Wall Street Journal, USA Today and other publications.
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BUSINESS
April 5, 1996 | From Associated Press
The Nasdaq stock market is proposing a special rule to control volatile computerized trading in stocks mentioned on the daily broadcasts of financial journalist Dan Dorfman. The Nasdaq proposal is the third time a financial market has proposed a rule aimed at controlling trading volatility due to the influential broadcasts of Dorfman, the controversial commentator on the financial news cable channel, CNBC.
BUSINESS
December 4, 1996 | From Associated Press
Dan Dorfman, the controversial stock market columnist and TV commentator who was fired from his job at Money magazine early this year, has found a new forum. Financial World magazine said Tuesday it has hired Dorfman to write a monthly column beginning with its February issue. Dorfman has not appeared on the CNBC network since suffering a stroke in May. "I'm very gung-ho about the opportunity to once again contribute to a top business publication," Dorfman said in a statement.
BUSINESS
October 28, 1995 | From Associated Press
Influential stock market commentator Dan Dorfman took a leave of absence Friday from Money magazine after a report that federal prosecutors were looking into his relationship with a stock promoter. BusinessWeek magazine, citing anonymous sources it described as close to the inquiry, said Thursday that Dorfman and stock promoter Donald Kessler are being investigated for activities including insider trading, wire and mail fraud and other violations of securities law.
BUSINESS
December 4, 1996 | From Associated Press
Dan Dorfman, the controversial stock market columnist and TV commentator who was fired from his job at Money magazine early this year, has found a new forum. Financial World magazine said Tuesday it has hired Dorfman to write a monthly column beginning with its February issue. Dorfman has not appeared on the CNBC network since suffering a stroke in May. "I'm very gung-ho about the opportunity to once again contribute to a top business publication," Dorfman said in a statement.
BUSINESS
August 15, 1989 | From Staff and Wire Reports
The Securities and Exchange Commission is investigating whether USA Today business columnist Dan Dorfman may have been used to manipulate the prices of stocks he has written about, a news magazine reported Monday. The reported investigation focuses on whether Centaur Partners, a Maryland-based investment partnership that has established small initial positions in several prominent companies, may be manipulating the stocks of those companies, U.S. News & World Report said in its latest edition.
BUSINESS
October 27, 1995 | Associated Press and
The relationship between influential stock market reporter Dan Dorfman and a stock promoter has drawn scrutiny from federal prosecutors, BusinessWeek reported Thursday. The magazine, citing anonymous sources it described as close to the inquiry, said Dorfman and stock promoter Donald Kessler are under investigation for activities that include insider trading, wire and mail fraud and other violations of securities law.
BUSINESS
May 10, 1996 | From Associated Press
Dan Dorfman, the controversial business journalist whose reports appear on the CNBC cable network, has suffered a mild stroke, the business network said Thursday. CNBC said Dorfman was taken ill Tuesday afternoon and has been hospitalized but that his prognosis is excellent and he is expected to recover fully. In a statement, the network quoted the 64-year-old commentator as saying he is "alert, mobile and feeling very well." "He sounded fine.
BUSINESS
November 2, 1995 | JAMES F. PELTZ, TIMES STAFF WRITER
Money magazine Managing Editor Frank Lalli wrote a column in April in which he chastised rival Smart Money magazine for allowing one of its writers to tout stocks in which he had a personal stake. Lalli said he acted because of "the public's growing cynicism about how financial journalists approach their work," including what they decide to report and whether they have conflicts of interest that the public should know about.
BUSINESS
August 30, 1996 | From Associated Press
CNBC said Thursday that a network-sponsored review of commentator Dan Dorfman--launched amid allegations that he was under federal investigation regarding his market-moving reports--found no evidence that he broke any laws. Dorfman, published reports had said, was the target of a federal investigation into his relationship with a stock promoter and into whether he profited from his commentaries by either trading on them or tipping others in exchange for favors.
BUSINESS
May 10, 1996 | From Associated Press
Dan Dorfman, the controversial business journalist whose reports appear on the CNBC cable network, has suffered a mild stroke, the business network said Thursday. CNBC said Dorfman was taken ill Tuesday afternoon and has been hospitalized but that his prognosis is excellent and he is expected to recover fully. In a statement, the network quoted the 64-year-old commentator as saying he is "alert, mobile and feeling very well." "He sounded fine.
BUSINESS
April 5, 1996 | From Associated Press
The Nasdaq stock market is proposing a special rule to control volatile computerized trading in stocks mentioned on the daily broadcasts of financial journalist Dan Dorfman. The Nasdaq proposal is the third time a financial market has proposed a rule aimed at controlling trading volatility due to the influential broadcasts of Dorfman, the controversial commentator on the financial news cable channel, CNBC.
BUSINESS
January 4, 1996 | STUART SILVERSTEIN and NANCY RIVERA BROOKS, TIMES STAFF WRITERS
Dan Dorfman, the controversial Wall Street commentator whose tips have often jolted stock prices, has been fired by Money magazine amid its internal investigation into his suspected ties to a stock promoter, the publication said Wednesday. Dorfman has been on a paid leave of absence from the magazine since October, when BusinessWeek magazine broke word that federal authorities were looking into the columnist's actions in connection with an insider-trading probe.
BUSINESS
December 5, 1995 | From Bloomberg Business News
Time Inc.'s outside lawyers have hired a private investigator to look into the business practices of financial columnist Dan Dorfman, a source familiar with the situation said. Dorfman has been on paid leave from Time's Money magazine since Oct. 27, after BusinessWeek magazine reported that federal prosecutors were investigating his ties to a New York stock promoter.
BUSINESS
November 2, 1995 | JAMES F. PELTZ, TIMES STAFF WRITER
Money magazine Managing Editor Frank Lalli wrote a column in April in which he chastised rival Smart Money magazine for allowing one of its writers to tout stocks in which he had a personal stake. Lalli said he acted because of "the public's growing cynicism about how financial journalists approach their work," including what they decide to report and whether they have conflicts of interest that the public should know about.
BUSINESS
August 30, 1989 | PAUL FARHI, The Washington Post
"One sure thing is uncertainty." --Headline on a Dan Dorfman column, Dec. 30, 1988. Financial journalist Dan Dorfman has a bit of advice about the advice offered by investment experts in his USA Today columns: "No one should buy stocks because of these people. You'd be out of your mind if you did." It's a worthwhile caveat to keep in mind next time you read what the "pros" quoted in Dorfman's column have to say.
BUSINESS
October 28, 1995 | From Associated Press
Influential stock market commentator Dan Dorfman took a leave of absence Friday from Money magazine after a report that federal prosecutors were looking into his relationship with a stock promoter. BusinessWeek magazine, citing anonymous sources it described as close to the inquiry, said Thursday that Dorfman and stock promoter Donald Kessler are being investigated for activities including insider trading, wire and mail fraud and other violations of securities law.
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