Louis Rukeyser was America's most popular economic
commentator--and much more: its best-loved and most-respected
adviser on the entire political-economic-financial scene. His
exciting new TV program, Louis Rukeyser's Wall Street
(8:30 P.M., 11:30 P.M. and 4:30 A.M. Eastern time every Friday
night on CNBC, and then rebroadcast on 175 public-television
stations over the weekend) is an unprecedented bridging of cable
and public television--and follows directly in the tradition of
the smash-hit PBS program he hosted for 32 years, drawing
millions more viewers every week than any other financial
program in history. Louis Rukeyser's Wall Street, the
world's new favorite money program, quickly became by far the
most-watched program on CNBC, and adds hundreds of thousands of
additional viewers in the rebroadcasts on public television. His
two monthly newsletters have by far the biggest circulation in
their field. And his annual investment conferences and cruises
attract, by a wide margin, the largest crowds in the history of
such "live" events. The New York Times calls him
"legendary," the San Francisco Examiner says he has
consistently been "one of the most accurate economic forecasters
in the country," and the Washington Post gives him the
ultimate accolade: "everyone's favorite economic commentator."
Louis Rukeyser brings to his role as America's top financial
expert more than four decades of globe-ranging experience as an
award-winning television, radio and newspaper correspondent. His
remarkable career has straddled three distinct areas of the
news--political analysis, foreign correspondence and economic
interpretation--and he has won unusual honors in all three. Mr.
Rukeyser's ability to clarify passing events in a lively and
insightful fashion, calling on all these areas of expertise, has
made him an internationally celebrated broadcaster, lecturer,
editor and author. His flagship monthly newsletter, also called
Louis Rukeyser's Wall Street, was launched in 1992 and
has by far the largest circulation in the field. It was joined
in 1994 by a companion publication, Louis Rukeyser's Mutual
Funds, which quickly became the best-selling mutual-fund
newsletter, further expanding his impact as the country's most
trusted economic and financial adviser. (Noting that the
newsletters consistently offer "sound advice, without
condescension or fluff," Worth magazine reported that
its readers had overwhelmingly voted them the "best" and "most
helpful" in the business.)
Long known for his ability to combine wit with wisdom, Louis
Rukeyser has gained both the allegiance of viewers and the
admiration of critics. As TV Guide put it in an article terming
his previous TV show, Wall $treet Week With Louis Rukeyser,
one of the best programs of any kind on American television,
"Louis Rukeyser's opening remarks on the week's business events
are crafted gems of wry commentary; his airy and adroit handling
of his big-shot guests is a pleasure to watch." The New
Yorker's John Brooks lauded him both for his unique
professional competence and for "a knack for providing
entertainment unrivaled by any other television commentator on
economic matters, past or present." And New York Daily News
columnist Kay Gardella wrote of him: "Rukeyser, a warm, caring
man with lots of charm and a direct, confident style, has
popularized a subject once considered too dull to print, let
alone broadcast. He gives you just enough, gets to the heart of
the matter quickly and keeps your interest at a peak. He's a
broadcasting dynamo and has become the economic guru of the
industry."
As the host of Wall $treet Week With Louis Rukeyser, a
post he held from the debut of that nationally acclaimed
public-TV show in 1970 until it went off the air in 2002, Mr.
Rukeyser each week drew the largest audience in the history of
financial journalism--and delighted millions of television
viewers looking for economic and financial information delivered
in a clear, believable and appealing style. Now he is bringing
that same incomparable blend of entertainment, experience,
information and insight to his new CNBC program, Louis
Rukeyser's Wall Street. "He brings to the tube a blend of
warmth, wit, irreverence, thrusting intellect and large doses of
charm, plus the credibility of a Walter Cronkite," marveled
Money magazine in a cover story. Brill's Content
observed that Mr. Rukeyser and his programs "consistently
trounce their flashier competitors" with an unbeatable
combination of "entertaining banter and clear analysis" that
"manages to make the dismal science seem less so." (In a lighter
vein, People magazine termed him "the dismal science's only sex
symbol"--and Modern Maturity magazine listed him as one
of the world's "50 Sexiest People Over 50.")
Mr. Rukeyser has written best-selling books on both economics
and investing. His classic, What's Ahead for the Economy:
The Challenge and the Chance (published by Simon &
Schuster, with a revised and updated paperback edition from
Touchstone Books), quickly became a top nationwide best-seller
and was a selection of the Literary Guild. It has been acclaimed
as "the best book on economics"; Nobel laureate Milton Friedman
hailed it as "exciting and important"; and former Treasury
Secretary William E. Simon said it "tells where the economy is
really going, and what you can do about it." Mr. Rukeyser's
earlier Doubleday book, How to Make Money in Wall Street, has
long been a classic in the field--twice a selection of the
Literary Guild and a best-seller in both hardback and paperback.
Before he ended it in 1993 to devote more time to his
newsletters, his widely respected and influential syndicated
column of economic commentary, distributed weekly by Tribune
Media Services, appeared in hundreds of newspapers coast to
coast for 17 years. And he has for decades been one of the
world's most eagerly sought-after headline speakers, honored by
Toastmasters International as one of the five Outstanding
Speakers of 1998 and named by California's prestigious Celebrity
Forum as "The Greatest Speaker of Them All."
In 1987 Louis Rukeyser was selected as "Free Enterprise Man of
the Year" by the Center for Research and Education in Free
Enterprise at Texas A&M University; dignitaries saluting him
included President Reagan, who said: "Louis Rukeyser deserves
high honors for his devotion to free enterprise, his ability to
distill complex business issues and trends, and his skill in
passing along his insights to an eager and affectionate audience
of Americans." Two years later, hailing Mr. Rukeyser's unique
expertise and credibility, economist John Kenneth Galbraith
commented that there was still "only one TV program on business
and economics [that] is worth watching."
Louis Rukeyser has collected hatfuls of major awards throughout
his career. After graduating in 1954 from Princeton's Woodrow
Wilson School of Public and International Affairs, where he
specialized in Public Aspects of Business, Mr. Rukeyser spent
eleven distinguished years as a political and foreign
correspondent for the Baltimore Sun papers. His
positions included Chief Political Correspondent for the
Evening Sun, Chief of the Sun's London Bureau and
Chief Asian Correspondent for the Sun. His keen ability to call
the turn on developing events in Vietnam and throughout Asia won
for him two top Overseas Press Club prizes for news
interpretation. Mr. Rukeyser's next stop was ABC News, where he
again won a pile of awards during eight years as a senior
correspondent and commentator. He joined the network as Paris
correspondent, shortly afterward was named Chief of the London
Bureau and in 1968 returned to New York to begin five pioneering
years as television's first national economic commentator--the
job he invented, and still fills with such unmatched skills. In
addition to serving as Economic Editor, Mr. Rukeyser conducted a
regular series of ABC television and radio commentaries that
brought his unique experience and talents to bear on the full
range of world and national affairs; among the many recognitions
of his special knack for humanizing complex events was the
George Washington Honor Medal of the Freedoms Foundation
(presented to his popular radio commentary program, "Rukeyser's
World," which he ended when he left ABC in 1973) for "an
outstanding accomplishment in helping to achieve a better
understanding of America and Americans." Mr. Rukeyser won a
second Freedoms Foundation award in 1978 for his newspaper
column, begun just two years earlier. In 1980 the New York
Financial Writers Association honored his "significant long-term
contribution to the advancement of financial journalism." And in
2000 he received the Financial Planning Association of New
York's Malcolm S. Forbes Award for Excellence in Advancing
Financial Understanding.
Louis Rukeyser's current independent position as the nation's
foremost economic commentator enables him to employ on a broad
canvas not just his no-punches-pulled expertise, but also what
Variety has called "his unusual virtuosity at the typewriter"
and "his inimitable and always delightful style." His
innumerable awards over the years for his television programs
include the G. M. Loeb Award, the most prestigious in financial
journalism; it was the first Loeb Award ever given to a
broadcaster. He has received nine honorary doctorates for his
trailblazing work as the nation's No. 1 economic educator: from
Johns Hopkins University, American University, Loyola College,
Western Maryland College, Mercy College, Moravian College,
Southeastern Massachusetts University, New Hampshire College and
Roger Williams University. Typical was the citation of Moravian
College, which praised his "singular contribution to the
economic education of the American public." (In 1990 he became
the first man to receive the Women's Economic Round Table award
"for outstanding service in educating the public about business,
financial and economic policy.")
But not all Louis Rukeyser's awards have been on the serious
side: The Fashion Foundation of America has named him both the
best-dressed man in finance and the most sartorially elegant
host in America. And Playboy magazine, acclaiming him
in its own best-dressed list, said he was a "rakish raconteur"
and a "personal-style knockout."
Mr. Rukeyser lived iat his Round Hill estate in Greenwich, Connecticut
until his death from bone marrow cancer on May 2nd, 2006 at the
age of 73. He and his wife
Gloria had three daughters and two grandchildren. |