Dylan Ratigan
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Dylan Jason Ratigan (born April 19, 1972) is an American businessman, author, film producer, former host of
MSNBC MSNBC (originally the Microsoft National Broadcasting Company) is an American news-based pay television cable channel. It is owned by NBCUniversala subsidiary of Comcast. Headquartered in New York City, it provides news coverage and political ...
's ''
The Dylan Ratigan Show ''The Dylan Ratigan Show'' is an American television program on MSNBC hosted by Dylan Ratigan, formerly of sister CNBC's '' Fast Money''. It aired weekdays from 4pm to 5pm Eastern Time. The show was previously known as ''Morning Meeting with Dy ...
'' and political commentator for ''
The Young Turks ''The Young Turks'' (TYT) is an American progressive news commentary show on YouTube that additionally appears on selected television channels. TYT serves as the flagship program of the TYT Network, a multi-channel network of associated web s ...
''. He was a candidate for the U.S. House of Representatives in New York's 21st Congressional District. He is a former contributor to ''
The Huffington Post ''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and ...
.'' The former Global Managing Editor for Corporate Finance at
Bloomberg L.P. Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was co-founded by Michael Bloomberg in 1981, with Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 1 ...
, Ratigan has developed and launched more than six broadcast and new media properties. They include
CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk s ...
's Fast Money and
Closing Bell ''Closing Bell'' can refer to two CNBC programs: the original ''Closing Bell'' on CNBC (which debuted on February 4, 2002) and ''European Closing Bell'' on CNBC Europe (which was cancelled on December 18, 2015). The show is named after the be ...
, as well as DylanRatigan.com, which hosts his podcast, ''Greedy Bastards Antidote''. From 2009 to 2012, Ratigan hosted ''The Dylan Ratigan Show,'' the highest-rated non-prime time show on MSNBC, aimed at critiquing what Ratigan described as an unholy alliance between big business and government. His first book, ''Greedy Bastards'', was released in 2012, and spent five consecutive weeks on
The New York Times Best Sellers List ''The New York Times'' Best Seller list is widely considered the preeminent list of best-selling books in the United States. John Bear, ''The #1 New York Times Best Seller: intriguing facts about the 484 books that have been #1 New York Times ...
. In 2017, he joined ''The Young Turks'' as a political commentator. In 2018, Ratigan was a candidate for the Democratic nomination for the
United States House of Representatives The United States House of Representatives, often referred to as the House of Representatives, the U.S. House, or simply the House, is the lower chamber of the United States Congress, with the Senate being the upper chamber. Together they ...
in , which he lost to Tedra Cobb.


Early life

Ratigan was born in the village of Saranac Lake, in
upstate New York Upstate New York is a geographic region consisting of the area of New York (state), New York State that lies north and northwest of the New York metropolitan area, New York City metropolitan area. Although the precise boundary is debated, Upsta ...
, the son of Adrienne (née Dodge), a psychotherapist, and John Ratigan. His grandfather, Frank Ratigan, was mayor of Saranac Lake from 1957 to 1961. Ratigan is of Irish (father), Hungarian Jewish (maternal grandfather) and Italian (maternal grandmother) descent. He was raised by his single mother. He earned a Bachelor of Arts degree in
political economy Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour ...
from
Union College Union College is a private liberal arts college in Schenectady, New York. Founded in 1795, it was the first institution of higher learning chartered by the New York State Board of Regents, and second in the state of New York, after Columbia Co ...
of
Union University Union University is a private Baptist Christian university in Jackson, Tennessee, with additional campuses in Germantown and Hendersonville. The university is affiliated with the Tennessee Baptist Convention (Southern Baptist Convention). It is ...
in
Schenectady Schenectady () is a city in Schenectady County, New York, United States, of which it is the county seat. As of the 2020 census, the city's population of 67,047 made it the state's ninth-largest city by population. The city is in eastern New Y ...
, where he was a member of the
crew A crew is a body or a class of people who work at a common activity, generally in a structured or hierarchical organization. A location in which a crew works is called a crewyard or a workyard. The word has nautical resonances: the tasks involved ...
team.


Journalism career

Ratigan was the Global Managing Editor for Corporate Finance at
Bloomberg News Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg T ...
Service, and before that had covered
Mergers and Acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspec ...
, the U.S.
Stock Market A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, ...
and IPOs. At Bloomberg, he co-created and hosted '' Morning Call'' for Bloomberg's cable network and the
USA Network USA Network (simply USA) is an American basic cable television channel owned by the NBCUniversal Television and Streaming division of Comcast's NBCUniversal through NBCUniversal Cable Entertainment. It was originally launched in 1977 as Madi ...
. He was a contributor to
ABC News ABC News is the news division of the American broadcast network ABC. Its flagship program is the daily evening newscast '' ABC World News Tonight with David Muir''; other programs include morning news-talk show '' Good Morning America'', '' ...
and his articles have appeared in ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', ''
The Washington Post ''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large n ...
'', ''
The Miami Herald The ''Miami Herald'' is an American daily newspaper owned by the McClatchy Company and headquartered in Doral, Florida, a city in western Miami-Dade County and the Miami metropolitan area, several miles west of Downtown Miami.Chicago Tribune The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television ar ...
''. Ratigan was the host of '' Fast Money'' (co-created with Susan Krakower and launching on June 21, 2006). Previously, he was the first anchor of
CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk s ...
's '' On the Money''. He also anchored the CNBC
TV program Television, sometimes shortened to TV, is a telecommunication medium for transmitting moving images and sound. The term can refer to a television set, or the medium of television transmission. Television is a mass medium for advertising, ...
'' Bullseye'' for about a year and a half. In addition to his former duties as co-anchor on ''
Closing Bell ''Closing Bell'' can refer to two CNBC programs: the original ''Closing Bell'' on CNBC (which debuted on February 4, 2002) and ''European Closing Bell'' on CNBC Europe (which was cancelled on December 18, 2015). The show is named after the be ...
'', Ratigan was a rotating co-anchor of '' The Call''. Ratigan left as host of ''Fast Money'' in 2009, provoked by outrage over the government's handling of the 2008 financial crisis. Since then, he has dedicated his work to launching platforms that engage and debate the U.S. government on policy, while opening the door for millions to learn more about money's often poisonous role in democracy. ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' reported he was considering all options but quoted him as saying he was dedicated to covering the economy, "the story that is affecting every American in every setting." '' Morning Meeting'' launched June 29, 2009. Ratigan also contributes to other
NBC News NBC News is the news division of the American broadcast television network NBC. The division operates under NBCUniversal Television and Streaming, a division of NBCUniversal, which is, in turn, a subsidiary of Comcast. The news division's v ...
programs. Ratigan described the show's imperative as "to discuss any and all political issues with no directive other than to provide compelling content." The show was the second ever on the network to air in HD, as the network launched their programming in that format. On May 27, 2010, Ratigan appeared as a guest host on the daily internet news and opinion show, ''
The Young Turks ''The Young Turks'' (TYT) is an American progressive news commentary show on YouTube that additionally appears on selected television channels. TYT serves as the flagship program of the TYT Network, a multi-channel network of associated web s ...
''.
Cenk Uygur Cenk Kadir Uygur ( ; ; born March 21, 1970) is a Turkish-American progressive political commentator, media host, attorney, journalist, and politician. Uygur is the creator of ''The Young Turks'', an American left-wing, sociopolitical, progressi ...
, regular host of ''The Young Turks'' was a frequent guest on ''The Dylan Ratigan Show''. On January 9, 2012, he appeared as a guest on ''
The Rachel Maddow Show ''The Rachel Maddow Show'' (also abbreviated ''TRMS'') is an American liberal news and opinion television program that airs on MSNBC, running in the 9:00 pm ET timeslot Monday evenings. It is hosted by Rachel Maddow, who gained a public p ...
'' on
MSNBC MSNBC (originally the Microsoft National Broadcasting Company) is an American news-based pay television cable channel. It is owned by NBCUniversala subsidiary of Comcast. Headquartered in New York City, it provides news coverage and political ...
, discussing the premise of his book, ''Greedy Bastards,'' viz. the swindling and robbing of America by "government corruption and corporate communism, incensed by banksters shaking down taxpayers, and despairing of an ailing health care system, an age-old dependency on foreign oil, and a failing educational system". The final episode of ''The Dylan Ratigan Show'' was on June 22, 2012. Ratigan appeared on ''
The Oprah Winfrey Show ''The Oprah Winfrey Show'', often referred to as ''The Oprah Show'' or simply ''Oprah'', is an American daytime syndicated talk show that aired nationally for 25 seasons from September 8, 1986, to May 25, 2011, in Chicago, Illinois. Produced ...
'' in 2008 to discuss the financial crisis. He has also appeared on ''
The Colbert Report ''The Colbert Report'' ( ) is an American late-night talk and news satire television program hosted by Stephen Colbert that aired four days a week on Comedy Central from October 17, 2005, to December 18, 2014, for 1,447 episodes. The show fo ...
'' with
Stephen Colbert Stephen Tyrone Colbert ( ; born May 13, 1964) is an American comedian, writer, producer, political commentator, actor, and television host. He is best known for hosting the satirical Comedy Central program '' The Colbert Report'' from 2005 ...
and ''
Late Night with Conan O'Brien ''Late Night with Conan O'Brien'' is an American late-night talk show hosted by Conan O'Brien. NBC aired 2,725 episodes from September 13, 1993, to February 20, 2009. The show featured varied comedic material, celebrity interviews, and music ...
''.


Reporting

Ratigan won the
Gerald Loeb Award The Gerald Loeb Award, also referred to as the Gerald Loeb Award for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. The award was estab ...
for 2004 coverage of the
Enron scandal The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas. Upon being publicized in October 2001, the company declared bankruptcy and its accounting firm, Arthur Andersen then ...
. In Ratigan's final CNBC broadcast from the floor of the NYSE he reported on what he called "an important story developing" that
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Ho ...
and "a variety of European banks," in his assessment and that of his guests, essentially "perpetrated
securities fraud Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in lo ...
" and an "
insurance fraud Insurance fraud is any act committed to defraud an insurance process. It occurs when a claimant attempts to obtain some benefit or advantage they are not entitled to, or when an insurer knowingly denies some benefit that is due. According to the ...
scam A confidence trick is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using their credulity, naïveté, compassion, vanity, confidence, irresponsibility, and greed. Researchers hav ...
" against
AIG American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. , AIG companies employed 49,600 people.https://www.aig.com/content/dam/aig/amer ...
— and, by extension, the government and taxpayers funding that
insurance company Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
's "bailout" — by insuring their questionable investment vehicles and, upon their
devaluation In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national curre ...
, making claims on them to be paid by AIG "at 100 cents on the dollar" despite all of the markdowns "being forced upon every other" entity including the government, banks, shareholders, bond holders, taxpayers and homeowners.


2011 speech

On the August 10, 2011, broadcast of ''
The Dylan Ratigan Show ''The Dylan Ratigan Show'' is an American television program on MSNBC hosted by Dylan Ratigan, formerly of sister CNBC's '' Fast Money''. It aired weekdays from 4pm to 5pm Eastern Time. The show was previously known as ''Morning Meeting with Dy ...
'', in a round table discussion of a sharp stock market drop following the
Budget Control Act of 2011 The Budget Control Act of 2011 () is a federal statute enacted by the 112th United States Congress and signed into law by US President Barack Obama on August 2, 2011. The Act brought conclusion to the 2011 US debt-ceiling crisis. The law in ...
, Ratigan made a two-minute-long speech against what he perceived to be the state of politics in the United States government, saying: The video of his impassioned speech went viral
TV Newser ''Adweek'' is a weekly American advertising trade publication that was first published in 1979. ''Adweek'' covers creativity, client–agency relationships, global advertising, accounts in review, and new campaigns. During this time, it has cover ...
wrote that it was "a powerful, emotional editorial on the economy and Washington".


Post-television career

Since leaving MSNBC, Ratigan has become involved with hydroponic farming. He is the founder of Helical Holdings. In 2013, he made appearances on ''
The Daily Show ''The Daily Show'' is an American late-night talk and satirical news television program. It airs each Monday through Thursday on Comedy Central with release shortly after on Paramount+. ''The Daily Show'' draws its comedy and satire form fr ...
'' and ''
Charlie Rose Charles Peete Rose Jr. (born January 5, 1942) is an American former television journalist and talk show host. From 1991 to 2017, he was the host and executive producer of the talk show '' Charlie Rose'' on PBS and Bloomberg LP. Rose also co- ...
'' to discuss his hydroponic farming project employing military veterans. In 2018, Ratigan unsuccessfully sought the Democratic nomination to challenge Republican incumbent
Elise Stefanik Elise Marie Stefanik (; born July 2, 1984) is an American politician serving as the U.S. representative for since 2015. As chair of the House Republican Conference since 2021, she is the third-ranking House Republican. Stefanik's district cover ...
in . Ratigan said that he has never voted in an election, claiming a "disgust" with "two choices that are available to" him. Ratigan lost the Democratic
primary election Primary elections, or direct primary are a voting process by which voters can indicate their preference for their party's candidate, or a candidate in general, in an upcoming general election, local election, or by-election. Depending on the ...
, to Tedra Cobb, but won a
write-in A write-in candidate is a candidate whose name does not appear on the ballot but seeks election by asking voters to cast a vote for the candidate by physically writing in the person's name on the ballot. Depending on electoral law it may be pos ...
campaign for the Women's Equality Party nomination in the same district by getting two votes (two other write-in candidates got one vote each). The chair of the Women's Equality Party, Susan Zimet, announced efforts to stop Ratigan from running on the party's ballot line to prevent the party from being a
spoiler Spoiler is a security vulnerability on modern computer central processing units that use speculative execution. It exploits side-effects of speculative execution to improve the efficiency of Rowhammer and other related memory and cache attacks. ...
. Following the beginning of the
COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identi ...
, Ratigan established the US Medical Glove Company, of which he became CEO. The company, which is based at a former
Caterpillar Caterpillars ( ) are the larval stage of members of the order Lepidoptera (the insect order comprising butterflies and moths). As with most common names, the application of the word is arbitrary, since the larvae of sawflies (suborder Sy ...
factory in
Montgomery, Illinois Montgomery is a village in Kane and Kendall counties, Illinois. While roughly 45 miles from Chicago, it is not considered a Chicago suburb. The population was 20,262 at the 2020 census. Between 2000 and 2010 the village population grew 237 per ...
, has a stated aim of helping to reduce US dependence on imports of
medical glove Medical gloves are disposable gloves used during medical examinations and procedures to help prevent cross-contamination between caregivers and patients. Medical gloves are made of different polymers including latex, nitrile rubber, polyvinyl ...
s from
East Asia East Asia is the eastern region of Asia, which is defined in both geographical and ethno-cultural terms. The modern states of East Asia include China, Japan, Mongolia, North Korea, South Korea, and Taiwan. China, North Korea, South Korea ...
, whilst providing high-paying manufacturing jobs. Since January 2022, Ratigan has co-hosted a weekly podcast with Tom Sosnoff titled “Truth or Skepticism” focusing on finance and macroeconomics.


References


External links


Dylan Ratigan biography
on MSNBC
Dylan Ratigan's articles in the Huffington PostDaily Beast profile of Dylan Ratigan
from
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
{{DEFAULTSORT:Ratigan, Dylan 1972 births Living people American broadcast news analysts American television journalists MSNBC people American people of Hungarian-Jewish descent American people of Irish descent American people of Italian descent People from Saranac Lake, New York Union College (New York) alumni American sports journalists CNBC people The Young Turks people American male journalists American chief executives of manufacturing companies