Tuesday, December 4, 2007

He Gave us 22 Minutes, We Give Him - His World

"Gather those rosebuds" to place at his grave... Larry Wachtel, "The Voice of Wall Street," has died today at the age of 77.

Wachtel provided daily stock market commentaries on 1010 WINS radio in New York for 33 years, and appeared frequently on the CBS Evening News. With his trademark Brooklyn accent, he had a knack for explaining complex concepts and helped translate finance for a broad audience:

Wachtel was a frequently quoted expert who specialized in translating Wall Street trends to laymen. In a hot market, he might tell investors to "break out the punch bowl and celebrate the activities of 'El Toro' the bull..." He once broadcasted of a volatile market. "This market has more moves than a Dr. J slam-dunk, and each one is a heart stopper."
Market Analysts Die on the 4th. Traffic and Weather correspondents should be careful on the 1's.

[New York Sun]

No comments: