Financial journalist Dan Dorfman dies

Financial journalist Dan Dorfman dies

new york

Financial journalist Dan Dorfman, known for moving stock prices in the 1990s with his comments on CNBC, has died. He was 82.

According to the family, he died Saturday in New York of cardiogenic shock, a heart condition.

Dorfman’s influential market comments on the cable financial news channel could propel and sink stocks. He worked there until 1996, when he suffered a stroke.

That same year, he was fired as a Money magazine columnist over an ethics controversy involving a stock promoter, but he was never charged by regulators.

Dorfman also wrote the “Heard on the Street” column in The Wall Street Journal, reported for CNN and wrote for USA Today, New York magazine and Esquire.

EPA pursuit of fines reaches 13 years

louisville, ky.

A former businessman owes the U.S. Environmental Protection Agency $1.5 million for polluted oil wells in western Kentucky, in one of the largest penalties the agency has ever handed down. Thirteen years later, the agency is still trying to get him to pay up.

Peter E. Jolly, 70 and now living in Cocoa Beach, Fla., has repeatedly cited poverty and illness and delayed court hearings while only paying $3,000 of his tab.

The former Owensboro businessman describes himself as “beyond broke,” living on Social Security payments and not much else. Jolly refuses to pay, in part he says, on principle and in part because of a lack of resources.

Vindicator wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .66, 23.93 —.12

Avalon Holdings,3.84.10

Clear Channel, .73 63.40 —.49

Cortland Bancorp, 9.20.00

Farmers Nat., .126.42 —.04

First Energy, 2.20, 48.49.45

FirstMerit Corp., .64,15.46 .24

First Niles Financial, .32,8.73.68

First Place Fin., .64.05

FNB Corp., .48,10.41.17

General Motors,21.74—.06

General Electric, .68,20.00.28

Motors Liquidation, .0422.00

Huntington Bank, .16, 6.30.09

JP Morgan Chase, 1.20,35.03.38

Key Corp, .20,7.43.15

LaFarge, 10.52 .42

Macy’s, .80, 36.06.24

Parker Hannifin, 1.64, 78.73.27

PNC, 1.60,59.011.11

RTI Intl. Metals,21.61.79

Simon Prop. Grp.,4.00,149.15.90

Stoneridge 7.07 —.03

United Community Fin. 2.68.10

Selected prices at 4 p.m. Friday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.