SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (71055)11/30/1999 9:27:00 AM
From: Cynic 2005  Read Replies (1) | Respond to of 132070
 
Mesa Laugh out loud on this feud between Abelson & Barbara Bush imitator:
<<


BIZ PUNDITS BATTLE
IN DISSING MATCH

By JESSE ANGELO


--------------------------------------------------------------------------------

"Wall Street Week" host Louis Rukeyser and columnist Alan Abelson -- two of the most well-known financial commentators in the country -- are having a very ugly public spat.

In a clash of egos, the two have been trading barbs in the pages of Barron's, where Abelson's widely-read column leads off every edition.

The tiff started last week when Abelson called Rukeyser a "prattling panjandrum" and accused him of lacking "couth" for the manner in which he dumped bearish Warburg Dillon Read investment strategist Gail Dudack from his market-gauging Elves Index.

Abelson sarcastically called Rukeyser a "class act" because he informed Dudack of her dismissal via e-mail only minutes before going on air and "portentously and publicly chastising her for the mortal sin of bearishness."

Calling the 30-year-old show "pretty boring," Abelson said he rarely watched it and dissed the "interminable opening spiel."

To top it off, he castigated Rukeyser for "smirking at his own feeble jokes" and implied the longtime journalist was little more than a showbiz talking head.

Rukeyser responded in kind this week on Barron's letters page.

He wrote: "Eureka! In his characteristically misguided diatribe, Alan Abelson inadvertently supplies the answer to a mystery that has baffled savvy investors for years: How can a financial columnist be so unfailingly wrong about the stock market for more than a generation?"

The answer, Rukeyser said, was because Abelson never watches "Wall Street Week," and he asked Barron's readers to pitch in and buy Abelson a VCR to tape it.

"I will be happy to kick things off with a $10 contribution, as a public service to any Barron's readers who might still be foolish enough to take this perennial Wrong Way Corrigan seriously," Rukeyser wrote.

Abelson shot back that he already had a "state-of-the-art VCR, programmed to summarily reject anything that's pontifical, sophomoric and dull."

The columnist then suggested the $10 go towards a class on "civilized behavior" for Rukeyser.

Rukeyser did not return calls about the spat and Dudack declined to comment.

A spokesperson for Abelson said: "He feels he has said everything he wants to say so there's no further comment."

But one industry veteran put it all down to ego.

"They both see themselves as serious wordsmiths and I think that's what behind it," the insider said. >>
nypostonline.com



To: Knighty Tin who wrote (71055)11/30/1999 9:33:00 AM
From: Cynic 2005  Respond to of 132070
 
In the post you replied to, I forgot to add Abelson's rebuttal to LR:
----
Alan Abelson replies

Louis Rukeyser is as transparent in print as he is on the air. What in the world does my market myopia have to do with his brutish treatment of Gail Dudack?
Still, I'm truly touched by his generous offer. However, I already own a state-of-the-art VCR, programmed to summarily reject anything that's pontifical, sophomoric and dull. Which explains why I've been deprived, alas, of the pleasure of seeing so much as a single one of Rukeyser's offerings.
May I respectfully suggest that he invest his $10 in a course in civilized behavior? I realize the odds of it having a substantive effect are long-but I'm an incurable optimist.