When Dylan Ratigan Called Out the Greedy Bastards of a Broken Financial System
When Dylan Ratigan Called Out the Greedy Bastards of a Broken Financial System
The former CNBC commentator credits Tom Sosnoff with changing his mind about active trading and embracing risk
Dylan Ratigan has been co-hosting the podcast Truth or Skepticism with tastytrade co-founder Tom Sosnoff since 2013, but that's not where his on-air career began.
In this latest tastylive video "I Called Out a Broken Financial System. Then This Happened," Ratigan, acclaimed financial journalist and author, describes his career and tells how he ended up at tastylive (formerly tastytrade).
On CNBC
As a financial journalist, Ratigan co-created CNBC's Fast Money and hosted his own show, The Dylan Ratigan Show, for two years, where he followed the money trail to provide in-depth analysis of issues from economics to healthcare with a logical and financial perspective. He also wrote the book Greedy Bastards: How We Can Stop Corporate Communists, Banksters and Other Vampires from Sucking America Dry in early 2012.
Ratigan offers snippets from his iconic live MSNBC rant on his own show, to his movement into in-depth market analysis.
On his rant, where he called both the Democratic and Republican economic plans, "reckless, irresponsible and stupid," Ratigan says, "My anger was a function of my own naivety and youth, and the belief that there might be some way to change some of these things."
What’s happening now
After leaving MSNBC in 2012, he started hearing from Sosnoff.
"Tom just randomly started sending me emails shortly after I left MSNBC," Ratigan says. "At first I thought it was like a Nigerian prince, a spam. ... [Eventually] I said OK, and I came to Chicago for a day. Tom is the only person in the history of Wall Street who has hired somebody to come to his own company, his own network, to explain why he was wrong."
Ratigan credits Tom with changing his mind about active trading and embracing risk, and has been featured on tastylive since then.
You can catch him on Truth or Skepticism on Wednesdays from 1-1:30 p.m. CDT, where he and Sosnoff discuss topics ranging from business and finance to technology, politics and global news. Another show, Bootstrapping with Dylan Ratigan, is on Tuesdays and Thursdays at 3 p.m. CDT, and it’s where Ratigan draws upon his appreciation for the best of capitalism to deliver insightful, intelligent, long-form interviews. Monday through Thursday at 3:30-4:30 p.m. CDT, Ratigan joins Chris Vecchio and Ilya Spivak to discuss the day's market action on the show Overtime.
Kendall Polidori is associate editor at Luckbox magazine.
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