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Outspoken CNBC Anchor Dylan Ratigan Quits

Dylan Ratigan, who hosted the nightly "Fast Money" roundtable and co-hosted the afternoon show "Closing Bell" with Maria Bartiromo on CNBC, has abruptly quit the business network.

CNBC gave no reason for the exit, and Melissa Lee is hosting "Fast Money," which is airing right now on CNBC. Lee will be Ratigan's replacement at least temporarily, the network said.

"Dylan has told us he is leaving effective today," CNBC spokesman Brian Steel said in an e-mail. "We thank him for all his quality work."

Here's Ratigan's spicy take on how the crisis happened. Over the past few months, Ratigan has argued for greater transparency in the government bailout programs.

And here's Ratigan beating up on his colleague, CNBC Silicon Valley reporter Jim Goldman.

His bio and photos were quickly removed from the Web site of the NBC Universal-owned network.

Ratigan's contract expired this week and he has said in the past that his ambition is to host a late-night show, a la Letterman and Conan O'Brien.

Inside the network, Ratigan was known as talented but "a handful," said one source at CNBC, which describes a lot of TV personalities. And some don't even have the "talent" part.

The Ticker met Ratigan when we were both covering Comcast's attempted takeover of Walt Disney in 2004, and found him a pleasant if somewhat loud-voiced fellow with good reporter's instincts.

-- Frank Ahrens
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By Frank Ahrens  |  March 27, 2009; 5:03 PM ET
Categories:  The Ticker  | Tags: CNBC, Dylan Ratigan  
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Next: March 30, 2009


We'll miss you Dylan. You did a fine job of getting guest to clarify themselves. I'm sure you do well in your next role. CNBC lost a great moderator.

Posted by: mgoodson2 | March 27, 2009 6:29 PM | Report abuse

Rant? Huh?. So that's a rant to all those who haven't got the guts,brains or intellectual strength to be totally outraged by the financial disaster levied upon us by the money center banks and the investment houses.Every little body has been so scared they couldn't pound the table and yell. Dylan Ratigan has been the only one on CNBC to express what many private retail investors have felt since October 20007. You will be missed Dylan...thanks for the courage...

Posted by: soonipi6 | March 27, 2009 7:06 PM | Report abuse

Too loud and narrow-minded. Fast Money was completely unwatchable. Guess the smart ones like Insana and Mathiesen were too dull and boring. What was once an informative and entertaining financial network is now being served up as warmed-over "Crossfire".

Posted by: scott_bates | March 27, 2009 9:25 PM | Report abuse

Bring Dylan Back!

Posted by: manthan33 | March 27, 2009 11:57 PM | Report abuse

For my money, Dylan was too good for CNBC --- he was a star, and a star for the people and democratization of our economy.

Dylan's interview of (tutorial to) Austan Goolsbee on MSNBC shortly after Obama's election (11/24) is a classic of progressive, hard-hitting TV that ranks with Edward R. Morrow taking on Joe McCarthy in my humble opinion:

I firmly believe that Dylan's pressure for the American people and against this looting Empire had direct influence on the new Obama administration to make some hard decisions about 'doing the right thing' in confronting this arrogant Empire, including the actions to 'claw back' ill-gotten loot being expropriated on UBS's 'Wealth Extraction Express', as well as stiffening their spine on essential regulations to protect our American 'commonwealth' and working class families.

Best of luck, Dylan, you are a voice of reason and compassion in a maelstrom of ‘Vichy’ media deceit.

Alan MacDonald
Sanford, Maine

Posted by: macturna1 | March 28, 2009 3:35 PM | Report abuse

Dylan Ratigan is humble, funny, but mostly always on top of his game. On CNBC's "Fast Money" which he hosted, he held his panelists and guests to the fire of what we are now seeing unfold.

It's just shameful, as I watch "Fast Money" today that there is no mention of his departure. CNBC execs are true wimps.

I will watch him, wherever, he winds up.

Marianne Paskowski
East Orleans, MA

Posted by: mpcable | March 30, 2009 5:23 PM | Report abuse

I think Cramer & Santoli better watch their backs. MSNBC and CNBC are as left of center as it gets. Dylan said what many of us would like to say if we had the platform. He is funny, sharp as a tack, and yet humble. No matter who CNBC puts in his place, fast money will not be the same. All the guys clicked. I predict that one by one, they will be leaving the show. Maybe Dylan can get something going with Eric Bolling who left the show. That Krackow woman partner of his, is a real lefty,corporate climber. Best of Luck Dylan, you are a breath of fresh air which is really needed in our present atmosphere. I will miss you until we meet again. I will now watch Fox's Happy Hour instead of the Fast Money Show

Posted by: monniepenny1 | March 30, 2009 6:31 PM | Report abuse

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