A Tribute to Lou Rukeyser
06/24/2005 12:00 am EST
It is an exception that we include a press release in the Money Show Digest. But then everything about Louis Rukeyser is "exceptional." InterShow is honored to be a part of a tribute to Lou during the NYSE Closing Bell Ceremony on Monday, June 27. Please join us live at 4 pm on CNBC or Bloomberg TV.
New York, NY, June 21, 2005...A Salute to Louis Rukeyser at the Closing Bell of the New York Stock Exchange on June 27 will honor America’s most popular economic commentator, financial journalist, and master educator on behalf of individual investors across the nation. Rukeyser fans can join the celebration by tuning in to CNBC or Bloomberg Television, which will televise the Closing Bell ceremony live at 4:00 pm. A private reception for family and friends, media colleagues, financial advisors, and former panelists, will be held immediately afterwards.
In tribute to Rukeyser for his role as advocate and champion of the "little guy," a special plaque will be presented along with gifts from the NYSE commemorating the occasion. Accepting for his brother will be William S. Rukeyser, editorial director of Corporate Board Member magazine, former managing editor of Fortune, and the founding managing editor of Money. Also present will be Louis Rukeyser’s daughter Stacy, a screenwriter for the One Tree Hill series on the WB network. As part of the dedication, the plaque will be displayed at the Exchange.
The salute is being organized by Kim and Charles Githler of InterShow, leading producers of investment trade shows and cruises and Louis Rukeyser’s friends of long standing, with the cooperation of the New York Stock Exchange. In further appreciation of Rukeyser’s lifetime contributions to free enterprise and the ongoing benefits of his career to the individual investor, Forbes magazine is running a full-page ad informing its subscribers about the celebration and how they can join in.
For over three decades, Lou Rukeyser brought Wall Street into our living rooms with wit, wisdom, honesty, and fairness. "Before Lou, institutions dominated the world of investing," Kim and Charles Githler point out. "Thanks to his work as a pioneering investment educator, today’s individual investor is savvier, smarter, and more self-reliant. Choices are more informed, freedom has been expanded. The entire investment climate has changed."
Rukeyser communicated through broadcast, print, live conferences, and investment cruises. His loyal audiences connected with him whenever and wherever they could. According to Steve Forbes, editor-in-chief of Forbes, "He took what had been on the back pages of the newspapers for decades and put it on the front page. He made it accessible to people who had formerly been a little fearful of it. He made it approachable. He made it understandable."
Scores of others have agreed that Rukeyser has a special knack for humanizing complex events and "skill in passing along his insights to an eager affectionate audience of Americans," as President Reagan once remarked. Indeed, Rukeyser himself may be regarded as a financial institution and, in the words of CNBC president Pamela Thomas-Graham, "a true original." "He brought financial journalism to a new level...always looked at both sides of the issues...his only bias was towards optimism," says Michael Holland, chairman of Holland & Company, fund managers, and a frequent panelist on CNBC’s Louis Rukeyser’s Wall Street before it closed production at the end of December 2004.
Although he has retired from broadcasting and personal appearances, Rukeyser has continued to bring investors the "best profit-making ideas from the best minds on Wall Street" at the helm of his best-selling newsletters, Louis Rukeyser’s Wall Street and its companion, Louis Rukeyser’s Mutual Funds. According to Worth magazine, both publications consistently offer "sound advice without condescension or fluff" and its readers have voted them the "best" and "most helpful" in the business. Variety has praised Lou’s "unusual virtuosity at the typewriter" as well as "his inimitable and always delightful style."
In a sense this legendary journalist and extraordinary economic guru has come full circle, for it was as a newspaperman that Lou Rukeyser began his distinguished career and that he received the first of many in a long line of awards, honors, and honorary doctorates including two top Overseas Press Club Prizes, a Lifetime Achievement Emmy from the National Academy of Television Arts and Sciences, the Gerald Loeb Lifetime Achievement Award for Distinguished Business and Financial Journalism, two Freedoms Foundation awards, and the Financial Planning Association of New York’s Malcolm S. Forbes Award for Excellence in Advancing Financial Understanding, among many others. A Salute to Louis Rukeyser, however, honors Lou on behalf of the millions of individual investors across the country. His devotion to their investment education and personal financial literacy has been unwavering. As John Bogle, founder of the Vanguard Group, said of Louis Rukeyser: "He played a major role in bringing Wall Street to Main Street, and that’s a legacy that is really enduring."
Louis Rukeyser Fast Facts
· 1954 – Graduates from Princeton University’s Woodrow Wilson School of Public & International Affairs, specializing in public aspects of business.
· 1954-1965 – Political & Foreign Correspondent for Baltimore Sun papers. Positions included: Chief Political Correspondent for the Evening Sun, Chief of the Sun’s London Bureau and its Chief Asian Correspondent.
· 1965-1973 – ABC News: Senior Correspondent & Commentator. Including: Paris Correspondent, Chief of London Bureau and, beginning in ’68 back in NYC, TV’s first National Economic Commentator – a job he invented. Also, series of TV & radio commentaries including Rukeyser’s World.
· 1970-2002 – PBS: Wall $treet Week With Louis Rukeyser. Friday evenings.
· 2002-2004 – CNBC: Louis Rukeyser’s
Wall Street. Friday evenings. Also rebroadcast on 175 public television
· Syndicated Column for Tribune Media Services. 1976-1993.
· Newsletter Editor: Louis Rukeyser’s Wall Street. Launched in 1992.
· Newsletter Editor: Louis Rukeyser’s Mutual Funds. Launched in 1994.
· Book Author: How To Make Money in Wall Street. (Doubleday) Best Seller. Twice Literary Guild Selection.
· Book Author: What’s Ahead for the Economy: The Challenge and the Chance. (Hardcover: Simon & Schuster) (Revised & Updated in Paperback: Touchstone Books). Best Seller.
Awards & Honors
· Overseas Press Club: 2 Prizes for news interpretation of events in Vietnam/Asia.
· The National Academy of Television Arts and Sciences: Lifetime Achievement Emmy (2004).
· Gerald Loeb Lifetime Achievement Award for Distinguished Business & Financial Journalism. 2004.
· Freedoms Foundation: 2 Awards. George Washington Honor Medal for "outstanding accomplishment in helping to achieve a better understanding of America & Americans." Presented to ABC radio commentary program, Rukeyser’s World. Also, in 1978, for Syndicated Newspaper Column begun two years earlier.
· New York Financial Writer’s Association Award 1980. For his "significant long-term contribution to the advancement of financial journalism."
· Women’s Economic Roundtable Award 1990. " For Outstanding Service in Educating the Public about Business, Financial and Economic Policy." First man to receive this award.
· Toastmaster’s International: one of five Outstanding Speakers of 1998.
· Celebrity Forum: "The Greatest Speaker of Them All."
· Financial Planning Association of New York: Malcolm S. Forbes Award for Excellence in Achieving Financial Understanding. 2000.
· Fashion Foundation of America: Best
Dressed Man in Finance.
· Nine: Johns Hopkins University, American
University, Loyola College, Western Maryland College, Mercy College, Moravian
College, Southeastern Massachusetts University, New Hampshire College, Roger
Williams University. Typically cited for his singular contribution to the
economic education of the American public.
Conferences & Cruises
· The Louis Rukeyser Investment Conferences, the most well-attended investment conferences ever held anywhere. (More than a dozen since 1990.) Las Vegas, Nevada.
· The Louis Rukeyser Investment Cruises. 1998 - 2005. (A total of thirteen in the Caribbean, the Mediterranean, the Baltic, all produced by InterShow.)
· Lives in Connecticut. He and his wife, Alexandra, have three daughters and two grandchildren.