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 is an American cable news channel owned by the NBCUniversal News Group division of NBCUniversal, a subsidiary of Comcast. Launched on July 15, 1996, and headquartered at 30 Rockefeller Plaza in Manhattan, the channel primarily broadcasts r ...
's '' The Dylan Ratigan Show'' and political commentator for '' The Young Turks''. He was a candidate for the U.S. House of Representatives in New York's 21st Congressional District. Ratigan was formerly 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 ...
. Ratigan has developed and launched
CNBC CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ...
'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. In 2017, he joined ''The Young Turks'' as a political commentator. From 2011 to 2017, he was a contributor to ''
HuffPost ''HuffPost'' (''The Huffington Post'' until 2017, itself often abbreviated as ''HPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers p ...
.'' In 2018, Ratigan was a candidate for the Democratic nomination for the
United States House of Representatives The United States House of Representatives is a chamber of the Bicameralism, bicameral United States Congress; it is the lower house, with the U.S. Senate being the upper house. Together, the House and Senate have the authority under Artic ...
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 of New York (state), New York that lies north and northwest of the New York metropolitan area, New York City metropolitan area of downstate New York. Upstate includes the middle and upper Hudson Valley, ...
, 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 or comparative economy is a branch of political science and economics studying economic systems (e.g. Marketplace, markets and national economies) and their governance by political systems (e.g. law, institutions, and government). Wi ...
from
Union College Union College is a Private university, private liberal arts college in Schenectady, New York, United States. Founded in 1795, it was the first institution of higher learning chartered by the New York State Board of Regents, and second in the s ...
of Union University in Schenectady, where he was a member of the
crew A crew is a body or a group of people who work at a common activity, generally in a structured or hierarchy, hierarchical organization. A location in which a crew works is called a crewyard or a workyard. The word has nautical resonances: the ta ...
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 a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...
, 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 a ...
and IPOs. At Bloomberg, he co-created and hosted '' Morning Call'' for Bloomberg's cable network and the
USA Network USA Network (or simply USA) is an American basic cable television channel owned by the NBCUniversal Media Group division of Comcast's NBCUniversal. It was launched in 1977 as Madison Square Garden Sports Network, one of the first national sports ...
. He was a contributor to
ABC News ABC News most commonly refers to: * ABC News (Australia), a national news service of the Australian Broadcasting Corporation * ABC News (United States), a news-gathering and broadcasting division of the American Broadcasting Company ABC News may a ...
and his articles have appeared in ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'', ''
The Washington Post ''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington m ...
'', ''
The Miami Herald The ''Miami Herald'' is an American daily newspaper owned by The McClatchy Company and headquartered in Miami-Dade County, Florida. Founded in 1903, it is the fifth-largest newspaper in Florida, serving Miami-Dade, Broward, and Monroe countie ...
'' and ''
Chicago Tribune The ''Chicago Tribune'' is an American daily newspaper based in Chicago, Illinois, United States. Founded in 1847, it was formerly self-styled as the "World's Greatest Newspaper", a slogan from which its once integrated WGN (AM), WGN radio and ...
''. 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 is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Day ...
's '' On the Money''. He also anchored the CNBC
TV program A television show, TV program (), or simply a TV show, is the general reference to any content produced for viewing on a television set that is broadcast via over-the-air, satellite, and cable, or distributed digitally on streaming platf ...
'' 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 The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
. 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'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' 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 Media Group, a division of NBCUniversal, which is itself a subsidiary of Comcast. The news division's various operations r ...
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''. Cenk Uygur, 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'' on
MSNBC MSNBC is an American cable news channel owned by the NBCUniversal News Group division of NBCUniversal, a subsidiary of Comcast. Launched on July 15, 1996, and headquartered at 30 Rockefeller Plaza in Manhattan, the channel primarily broadcasts r ...
, 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. In 2008, Ratigan appeared on ''
The Oprah Winfrey Show ''The Oprah Winfrey Show'' is an American first-run syndicated talk show that was hosted by Oprah Winfrey. The show ran for twenty-five seasons from September 8, 1986, to May 25, 2011, in which it broadcast 4,561 episodes. The show was taped i ...
'' to discuss the
2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
. In 2010, he appeared on ''
The Colbert Report ''The Colbert Report'' ( ) is an American late night television, late-night Late-night talk show, 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 ...
'' 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 to ...
and ''
Late Night with Conan O'Brien ''Late Night with Conan O'Brien'' is an American television talk show broadcast by NBC. The show is the second installment of the ''Late Night (franchise), Late Night'' franchise originally established by David Letterman. Hosted by Conan O'Brie ...
''.


Reporting

Ratigan won the
Gerald Loeb Award The Gerald Loeb Awards, also referred to as the Gerald Loeb Awards 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 e ...
for 2004 coverage of the
Enron scandal The Enron scandal was an accounting scandal sparked by American energy company Enron, Enron Corporation filing for bankruptcy after news of widespread internal fraud became public in October 2001, which led to the dissolution of its accounting ...
. 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 The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...
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.insurance fraud Insurance fraud is any intentional act committed to deceive or mislead an insurance company during the application or claims process, or the wrongful denial of a legitimate claim by an insurance company. It occurs when a claimant knowingly attem ...
scam A scam, or a confidence trick, is an attempt to defraud a person or group after first gaining their Trust (emotion), trust. Confidence tricks exploit victims using a combination of the victim's credulity, naivety, compassion, vanity, confidence ...
" against
AIG American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core ...
— 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 protect ...
'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'', in a round table discussion of a sharp stock market drop following the Budget Control Act of 2011, 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 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 show, late-night talk and news satire television program. It airs each Monday through Thursday on Comedy Central in the United States, with extended episodes released shortly after on Paramount+ ...
'' and ''
Charlie Rose Charles Peete Rose Jr. (born January 5, 1942) is an American journalist and talk show host. From 1991 to 2017, he was the host and executive producer of the talk show ''Charlie Rose (talk show), Charlie Rose'' on PBS and Bloomberg L.P., Bloombe ...
'' 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 . As chair of the House Republican Conference from 2021 to 2025, she was the fourth-ranking House Republican. Stefanik's district covers ...
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, 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 poss ...
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. Following the beginning of the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, 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 ...
factory in Montgomery, Illinois, has a stated aim of helping to reduce US dependence on imports of medical gloves from
East Asia East Asia is a geocultural region of Asia. It includes China, Japan, Mongolia, North Korea, South Korea, and Taiwan, plus two special administrative regions of China, Hong Kong and Macau. The economies of Economy of China, China, Economy of Ja ...
, 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 HuffPost

Daily Beast profile of Dylan Ratigan


from
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
{{DEFAULTSORT:Ratigan, Dylan 1972 births American broadcast news analysts American chief executives of manufacturing companies American male journalists American people of Hungarian-Jewish descent American people of Irish descent American people of Italian descent American sports journalists American television journalists Candidates in the 2018 United States House of Representatives elections CNBC people Living people MSNBC people People from Saranac Lake, New York The Young Turks people Union College (New York) alumni