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Sunday
Mar292009

Bailout News: Dylan Ratigan Tees Off On Bank CEOs, Bailouts And Bonuses (Radio Interview And Youtube Video)

As most readers know, 'Fast Money' host Dylan Ratigan is no longer with CNBC.  His contract is set to expire this week and when it became clear that no new agreement would be reached, the network brass decided to cut him loose a few days early.

The details of the network conflicts aside, Ratigan has been a true warrior for taxpayers in the ongoing bank bailouts and bonus drama.  Several times per week viewers could count on Dylan losing his cool on air and launching into a bailout and bonus tirade that was both hilarious and cathartic for us and likely him as well.

I'll keep my personal comments to a minimum, but the loss of Ratigan is a huge blow to CNBC. Already bereft of intelligent voices, it moves a step closer to pure, unadulterated bubblevision with the departure of the Fast Money host. Nice work protecting taxpayers, producers Susan Krackower and Mary Duffy.

For a sample of the Ratigan rage, I found a very interesting radio interview (podcast) of Dylan from approximately 6 weeks ago. The interview is after the jump (at the bottom) along with a couple of classic Ratigan clips including his hilarious on-air flailing of Charlie Gasparino..

Sayonara to a truth teller and taxpayer advocate, Dylan James Ratigan.

Ratigan trying to deal with the ego of Charles Gasparino.

 

Dylan ranting about about Paulson, the SEC and the rest of the failed bank CEOs.

 

Dylan Ratigan Radio Interview

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Reader Comments (12)

The MediaBistro link above has a story about Ratigan's departure and according to "friends," Ratigan plans to pursue a project on "the robbing of America."

Sounds like a sharp idea to me, Dylan.
Mar 29, 2009 at 3:56 PM | Unregistered CommenterJames H
Fast Money was the only show on CNBC worth watching in my humble opinion. Not to mention, Ratigan was CNBC's best anchor/host/co-host of all of their TV personalities.

Looking back, I think we can see how Ratigan's opinions on the bailout (potentially?) alienated him from some of the powers that be. It's not that I'm being conspiratorial, but let's face it, CNBC is owned by a corporation that could be negatively impacted if by his tirades.
Mar 29, 2009 at 4:40 PM | Unregistered CommenterMatt SF
Big loss for the network. Ratigan was one of CNBC's few bright spots.
Mar 30, 2009 at 2:10 AM | Unregistered CommenterPuzo
Dylan will be missed and i wont watch the show period. cnbc is a shill for the government so someone with balls like Dylan will be told to obey the smiley face or go.! I spent 48 years down in Wall street and CNBC has turned itself into a toxic mess. Dont even turn the crap on its all bullshit. The fools smile when the market is up 2 bucks and have all long faces if its down . Its jsut one big tout . All bs
Thank you Dyan for your fair and unbias reporting!
CNBC is being turned off by more and more daily. For our group its a no no! Poor reporting at best!
The show sucks and most of the reporters. stink . Lightweights at best.
Maria had better days and should go back home and make meatballs and the last voice of truth is Dave Faber and we have no idea why he stays unless they got to him too!! Good Luck Dylan you told it like it was.
Mar 30, 2009 at 2:43 PM | Unregistered Commenterwinston smith
Just shows you that anyone who speaks out against the "regime" is a target. Probably the best thing for Dylan in the long run. If this Nation survives....people who chant about long term investing and the "power" of the stock market will be making perp walks.
Mar 30, 2009 at 10:20 PM | Unregistered CommenterAin't Bullshittin'
that video with gasbag is hilarious. he's as drunk as a skunk, he has no idea what he is saying. fantastic.
Mar 30, 2009 at 10:51 PM | Unregistered CommenterZack
And you wonder why the "altenative" media's ratings are climbing everyday!
Mar 30, 2009 at 10:53 PM | Unregistered Commentereye on the ball
I haven't been watching CNBC as much as I used to, for the obvious reasons. Dylan Ratigan was one of the few guys that could be counted on to break out of the cheerleader mode. So now CNBC really only has Faber and Liesman.
Mar 31, 2009 at 11:41 AM | Unregistered CommenterDED
@DED

You'd include Steve Liesman with Faber? Say it isn't so. "Lies"man is one of the biggest cheerleaders of them all. He is a prostitute for corporate interests and an apologist for the most egregious of their excess.
Apr 1, 2009 at 2:43 PM | Unregistered Commenterspideydouble
I USED to trust Santelli but as the chips came down Dyan stood his ground and was far above the dregs. TCM 24/7 for reality thanks.
Apr 21, 2009 at 8:03 PM | Unregistered Commentersadman
after 400 years on this continent its hardly an improvement over the aristocracy and monarchies of the 17th century. corrupt ministers, insane religions and perpetual poverty. the law protects the landlords, despising the tenants and the poor. my ancestors came to a wild land and died of exposure, not quite like the immigrants arriving today. maybe no more people should come here, just to make money.
Apr 24, 2009 at 9:39 PM | Unregistered Commentercatha korshak
I only watch cnbc now for the breaking news and the ticker banner. I agree with most of your other contributiors. The program is so controlled by the back-room as to any educated rational of our dire financial problems. The motives of the brass are so obvious, to pump the markets even though the "opionators" have to know they are perpetuating a giant scam to be co-conspirators of pump and dump. I am aware the on screen personell have great credentials for their knowledgable positions. That is why it is doubly sad they have to prostitute themselves to retain their jobs. Also in the interests of fair and balanced programming I find it pathetic that half of the guests can be so wrong...given they all have acess to the same information! what is a viewer to think? Dylan's departure is a great loss to cnbc. He has a great store of knowledge which he generously shared with us. I think he has a wonderful laugh, a brilliant smile and unbridled charm, just what we need in these difficult times.
Jul 9, 2009 at 5:22 AM | Unregistered Commenterliz alpert

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