Financial Journalist Louis Rukeyser Dies
Before hosting his famous Public Broadcasting TV show, Mr. Rukeyser served as a reporter first for the Baltimore Sun and later for ABC News. His stint as the host of Wall Street Week began in 1970 and would last until 2002, when the producer of the show, Maryland Public Broadcasting, wanted to set him aside in favor of younger talent. Rukeyser's on-air criticism of the producer ended the decades-long relationship, with Maryland Public Broadcasting claiming that it had "fired" him and Rukeyser responding that he had never been an employee. After he departed Wall Street Week, he launched a similar program on CNBC; but as he began to succumb to the ravages of a rare form of cancer called multiple myeloma, he asked the producer to cancel the series, which it did in 2005.
Louis Rukeyser will be remembered as a man who made finance and economics inviting to millions of people. Despite his light-hearted approach to covering the world of investing, financial analysis, and economics, he was able to draw serious investment advice from both his panelists and his guests. Regular viewers learned greatly both about the tools of the trade and about how to use economics and financial information.
In the disciplines of economics and finance, perceived by many as being the domain of all things boring and all people even more so, Louis Rukeyser stood tall as one who could make the dull become interesting and the arcane applicable.
The Dark Wraith stands down for a moment of respectful silence.