Charles Payne (journalist)

From Wikipedia, the free encyclopedia
Jump to: navigation, search

Charles Payne is a Fox Business Network contributor and host of Making Money with Charles Payne. He was formerly co-host of Varney & Co. He joined the network at its launch in October 2007. Payne is also a contributor to the Fox News Channel, frequently appearing on shows such as Cashin' In, Cavuto on Business, and Bulls and Bears. In addition to his work with Fox, Payne also hosts his own daily syndicated talk show The Payne Nation, by Sun Broadcast Group.[1]

Payne is also the chief executive officer and principal financial analyst of Wall Street Strategies,[2] an independent stock market research firm he founded in 1991.

In 1999 he settled with the SEC over a complaint alleging that on at least eight occasions, Wall Street Strategies recommended that its clients purchase Members stock through recorded messages on its telephonic stock recommendation service. The Complaint also alleged that Payne failed to disclose that he received payments from Members to promote Members stock. Without admitting or denying the alleged violations, Payne consented to the entry of a permanent injunction against violations of Section 17(b) of the Securities Act of 1933. In addition, Payne agreed to pay a civil penalty of $25,000.[3]

Payne began his career on Wall Street as an analyst at E.F. Hutton in 1985. At 17 years old, he enlisted in the United States Air Force and went on to serve as a security policeman stationed at Minot Air Force Base in Minot, North Dakota.[4] Payne attended Minot State University and Central Texas College while in the service.[5]

Payne is a resident of Teaneck, New Jersey.[6]

References[edit]

  1. ^ "PayneNation Homepage". Retrieved 17 October 2011. 
  2. ^ wstreet.com
  3. ^ "Litigation Release No. 16248 / August 11, 1999". Sec.gov. 1999-08-11. Retrieved 2014-08-08. 
  4. ^ "Charles Payne Speech: Marist College". Marist.edu. Retrieved 2014-08-08. 
  5. ^ "Charles Payne - Personality Bio". Fox Business. Retrieved 31 August 2011. 
  6. ^ Curry, Suzanne (2014-06-06). "Teaneck's Charles Payne Now Host of Making Money With Charles Payne on Fox Business Network". SuzeeBehindTheScenes. Retrieved 2014-08-08.