New York – Financial journalist Dan Dorfman, known for moving stock prices in the 1990s with his comments on CNBC, has died.
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He was 82. According to the family, he died Saturday in New York of cardiogenic shock, a heart condition.
Dorfman’s market comments on the cable financial news channel could propel and sink stocks. He worked there until 1996.
That same year, he was fired as a Money magazine columnist over an ethics controversy involving a stock promoter, but was never charged by regulators.
He also wrote for USA Today, The Wall Street Journal, New York magazine and Esquire.
Dorfman turned to the Internet late in his career, first with a stock research company, JagNotes.com, in 1999. He blogged for the Huffington Post until last year.