Jump to content

Alan Abelson: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
Relevance, from a single article.
Tags: Reverted Mobile edit Mobile web edit
Line 38: Line 38:
By GERALDINE FABRIKANT, ''[[The New York Times]]'', December 22, 1992. Retrieved Jan 31, 2010.</ref> Abelson's columns at Barron's often took a skeptical look at the investment favorites and fads of the day, and sometimes spawned controversy and even lawsuits.<ref name=Barrons>[http://online.barrons.com/article/SB119041472248335791.html "Debasing Bernanke"], ''Up and Down Wall Street'' column in [[Barron's Magazine]], September 24, 2007, By Alan Abelson. Retrieved Jan 31, 2010.</ref> While working for Barron's, he was responsible for editing the Investment News & Views section, writing corporate and industry features and the influential "Up and Down Wall Street" column. From July 1982 to October 1990, Abelson frequently appeared on [[NBC-TV]]'s News at Sunrise as a business commentator.<ref name=about /> In 1999, less than a year before the crash of the [[dot-com bubble]], he warned, "the market is grossly
By GERALDINE FABRIKANT, ''[[The New York Times]]'', December 22, 1992. Retrieved Jan 31, 2010.</ref> Abelson's columns at Barron's often took a skeptical look at the investment favorites and fads of the day, and sometimes spawned controversy and even lawsuits.<ref name=Barrons>[http://online.barrons.com/article/SB119041472248335791.html "Debasing Bernanke"], ''Up and Down Wall Street'' column in [[Barron's Magazine]], September 24, 2007, By Alan Abelson. Retrieved Jan 31, 2010.</ref> While working for Barron's, he was responsible for editing the Investment News & Views section, writing corporate and industry features and the influential "Up and Down Wall Street" column. From July 1982 to October 1990, Abelson frequently appeared on [[NBC-TV]]'s News at Sunrise as a business commentator.<ref name=about /> In 1999, less than a year before the crash of the [[dot-com bubble]], he warned, "the market is grossly
overvalued, more so, indeed, than it was in 1987 before the crash."<ref>{{cite web|url=https://www.wsj.com/articles/SB929747742318139264|website=Wall Street Journal|title=Bubble Trouble|date=June 21, 1999|accessdate=June 25, 2020}}</ref> Prior to working for Barron's, Abelson worked as a copy boy for the [[New York Journal]]- American. He eventually worked his way up to becoming a reporter and then onto the financial desk. From 1952 to 1956, Abelson worked as the stock-market columnist for the paper.<ref name=about>{{cite web|title=Alan Abelson Bio {{!}} Premiere Motivational Speakers Bureau|url=http://premierespeakers.com/alan_abelson/bio|publisher=Premiere Speakers|accessdate=1 May 2013}}</ref>
overvalued, more so, indeed, than it was in 1987 before the crash."<ref>{{cite web|url=https://www.wsj.com/articles/SB929747742318139264|website=Wall Street Journal|title=Bubble Trouble|date=June 21, 1999|accessdate=June 25, 2020}}</ref> Prior to working for Barron's, Abelson worked as a copy boy for the [[New York Journal]]- American. He eventually worked his way up to becoming a reporter and then onto the financial desk. From 1952 to 1956, Abelson worked as the stock-market columnist for the paper.<ref name=about>{{cite web|title=Alan Abelson Bio {{!}} Premiere Motivational Speakers Bureau|url=http://premierespeakers.com/alan_abelson/bio|publisher=Premiere Speakers|accessdate=1 May 2013}}</ref>

In December 1998, Barron's mutual funds editor Sandra Ward reported that [[Barton Biggs]], s Morgan Stanley executive and friend of Abelson, had been selling the firm's stock market funds overseas even though he had "bailed out" of them previously. In his book ''The Fortune Tellers'', the Washington Post's media critic [[Howard Kurtz]] reported that Abelson "went ballistic," and that rather than back up his colleague he had his managing editor Kathryn Welling read a statement from Abelsonin front of Biggs and Barron's staffers attacking Ward's article and criticizing the magazine for publishing it. The incident received negative publicity and Welling soon resigned.<ref>{{cite book |last1=Kurtz |first1=Howard |title=The fortune tellers : inside Wall Street's game of money, media, and manipulation |date=2001 |publisher=Simon & Schuster |location=New York |isbn=978-0684868806 |pages=74-75 |edition=1st Touchstone}}</ref> Barron's editors stood by Ward's article.<ref>{{cite news |last1=Elsen |first1=John |title=VERBAL ROUNDHOUSE AT BARRON’S ROUNDTABLE |url=https://nypost.com/1999/01/18/verbal-roundhouse-at-barrons-roundtable/ |access-date=21 April 2023 |work=New York Post |date=18 January 1999}}</ref> <ref>{{cite news |last1=Elsen |first1=Jon |title=STANCHING BAD BLOOD AT BARRON’S |url=https://nypost.com/1999/01/25/stanching-bad-blood-at-barrons/ |access-date=22 April 2023 |date=25 January 1999}}</ref><ref>{{cite journal |title=Source of Conflict |journal=Brill's Content |date=April 1999 |volume=2 |issue=1 |page=57}}</ref>


==Education==
==Education==

Revision as of 16:03, 23 April 2023

Alan Abelson
Born(1925-10-12)October 12, 1925
New York City
DiedMay 9, 2013(2013-05-09) (aged 87)
New York City
OccupationJournalist, Editor
NationalityAmerican
CitizenshipAmerican
Alma materCity College of New York
University of Iowa
GenreFinance

Alan Abelson (October 12, 1925 – May 9, 2013) was a veteran financial journalist, and longtime writer of the influential Up and Down Wall Street column in Barron's Magazine.[citation needed]

Career

He was editor of Barron's from 1981 until 1992.[1] Abelson's columns at Barron's often took a skeptical look at the investment favorites and fads of the day, and sometimes spawned controversy and even lawsuits.[2] While working for Barron's, he was responsible for editing the Investment News & Views section, writing corporate and industry features and the influential "Up and Down Wall Street" column. From July 1982 to October 1990, Abelson frequently appeared on NBC-TV's News at Sunrise as a business commentator.[3] In 1999, less than a year before the crash of the dot-com bubble, he warned, "the market is grossly overvalued, more so, indeed, than it was in 1987 before the crash."[4] Prior to working for Barron's, Abelson worked as a copy boy for the New York Journal- American. He eventually worked his way up to becoming a reporter and then onto the financial desk. From 1952 to 1956, Abelson worked as the stock-market columnist for the paper.[3]

In December 1998, Barron's mutual funds editor Sandra Ward reported that Barton Biggs, s Morgan Stanley executive and friend of Abelson, had been selling the firm's stock market funds overseas even though he had "bailed out" of them previously. In his book The Fortune Tellers, the Washington Post's media critic Howard Kurtz reported that Abelson "went ballistic," and that rather than back up his colleague he had his managing editor Kathryn Welling read a statement from Abelsonin front of Biggs and Barron's staffers attacking Ward's article and criticizing the magazine for publishing it. The incident received negative publicity and Welling soon resigned.[5] Barron's editors stood by Ward's article.[6] [7][8]

Education

Abelson obtained his Bachelor of Science degree in chemistry and English from City College of New York and later received his master's degree from the University of Iowa in creative writing.[3]

Death

Abelson died of a heart attack at a New York City Hospital on May 9, 2013. He was 87.[9] Abelson was predeceased by his wife, the former Virginia Eloise Peterson, who died in 1999, and was survived by his two children, daughter Reed Abelson and son Justin Abelson, and five grandchildren.[10][11]

Awards and legacy

References

  1. ^ "Editor of Barron's Tells Staff He's Been Asked to Quit Post", By GERALDINE FABRIKANT, The New York Times, December 22, 1992. Retrieved Jan 31, 2010.
  2. ^ "Debasing Bernanke", Up and Down Wall Street column in Barron's Magazine, September 24, 2007, By Alan Abelson. Retrieved Jan 31, 2010.
  3. ^ a b c "Alan Abelson Bio | Premiere Motivational Speakers Bureau". Premiere Speakers. Retrieved 1 May 2013.
  4. ^ "Bubble Trouble". Wall Street Journal. June 21, 1999. Retrieved June 25, 2020.
  5. ^ Kurtz, Howard (2001). The fortune tellers : inside Wall Street's game of money, media, and manipulation (1st Touchstone ed.). New York: Simon & Schuster. pp. 74–75. ISBN 978-0684868806.
  6. ^ Elsen, John (18 January 1999). "VERBAL ROUNDHOUSE AT BARRON'S ROUNDTABLE". New York Post. Retrieved 21 April 2023.
  7. ^ Elsen, Jon (25 January 1999). "STANCHING BAD BLOOD AT BARRON'S". Retrieved 22 April 2023.
  8. ^ "Source of Conflict". Brill's Content. 2 (1): 57. April 1999.
  9. ^ Goerie [dead link]
  10. ^ "Alan Abelson, Who at Barron’s Was a Thorn in Wall Street’s Side, Dies at 87", The New York Times May 10, 2013, by Douglas Martin, Retrieved Feb 2, 2018.
  11. ^ "Alan Abelson Obituary", May 13, 2013, Retrieved Feb 2, 2018.
  12. ^ "Winners and Finalists in Loeb Competition Announced". The Write News. May 19, 1998. Retrieved February 3, 2019.
  13. ^ Robert W. Murphy, "New fiduciary responsibilities under the Pension Reform Act of 1974", Proceedings - Seminar on the Analysis of Security Prices, vol. 20, iss. 1, pp. 73–112, Center for Research in Security Prices, May 1975.
  14. ^ "News and Notes of AIChE", Chemical Engineering Progress, vol. 71, iss. 4, April 1975
  15. ^ Alan Abelson, "Up & down Wall Street", Barron's pp. 1, 27–28, 9 December 1974.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Alan_Abelson&oldid=1151367305"