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Dorfman to Write for Financial World Magazine

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From Associated Press

Dan Dorfman, the controversial stock market columnist and TV commentator who was fired from his job at Money magazine early this year, has found a new forum.

Financial World magazine said Tuesday it has hired Dorfman to write a monthly column beginning with its February issue. Dorfman has not appeared on the CNBC network since suffering a stroke in May.

“I’m very gung-ho about the opportunity to once again contribute to a top business publication,” Dorfman said in a statement. “I read the magazine regularly and like what it has to say.”

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Dorfman, who turned 66 two weeks ago, was fired Jan. 1 from his $450,000-a-year job at Money for refusing to reveal confidential news sources to his editor.

The move followed published reports that federal authorities were investigating his relationship with a stock promoter.

Subsequent reports said the probe included questions about whether Dorfman profited from his television reports by trading on them or accepting favors.

Federal authorities have never commented on the reports, and Dorfman has repeatedly maintained his innocence.

Dorfman is still under contract with CNBC, where his brief raspy-voiced reports would often give a midday jolt to the market. But the network would not speculate on when he might return to the air.

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