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2 MONTHS AFTER STROKE, DORFMAN FILES OFF-CAMERA REPORT FOR CNBC.


Byline: Farrell Kramer Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
 

CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence)
CNBC Consumer News and Business Channel
CNBC Congress of National Black Churches, Inc.
 financial commentator Dan Dorfman filed his first report Monday since suffering a mild stroke in May, but his words were read by an anchor, and he did not appear on air.

Dorfman, 65, is recovering at home and undergoing physical therapy, said Philip Recchia, a spokesman for the cable network.

``When that therapy's complete, the plan is that he'll return to CNBC in the same capacity as before,'' Recchia said. ``In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified"
meantime, meanwhile
, when news arises he'll file stories off camera as he did today.''

Dorfman has been a controversial figure over the years, moving markets with his raspy-voiced commentaries and, most recently, generating a swirl of controversy over his choice of news sources and other matters.

He was fired Jan. 1 from a $450,000-a-year columnist's job at Money magazine after refusing to reveal confidential sources to his editor. He had been suspended in October 1995 after a news report said he was the target of a federal investigation for his relationship with a stock promoter.

Other reports early this year said the investigation had been widened to include questions about whether Dorfman had profited from his commentaries by trading on them or tipping others in exchange for favors.

The Securities and Exchange Commission and the U.S. Attorney's Office in Brooklyn have never confirmed or denied the reports and no charges have been filed.

Dorfman always has denied he did anything wrong.

Since 1990, Dorfman has been a well-known figure to financial TV viewers, practicing his trade with ``The Dorfman Report.'' The minutes-long segment is aired by CNBC first at midday, then repeated or redone re·done  
v.
Past participle of redo.
 several times during the day.

But Dorfman's May 7 stroke, described when it was first announced May 9 and again Monday as mild, landed him in the hospital, and his commentary had not been seen since.

``The Dorfman Report'' seen Monday was not the normal commentary. CNBC used the report's logo on the air, but an anchor read the news. It was shown shortly after the stock market's 4 p.m. close.

Recchia spoke with Dorfman about his condition Monday after being contacted by the Associated Press.

`` `I'm feeling terrific and haven't for one second stopped being a newsman,' Dan told me today,'' Recchia said. The spokesman said Dorfman is making ``excellent progress toward a full recovery.''

Dorfman's report Monday dealt with noted investor George Soros George Soros

Born in Budapest, Hungary, in 1930, George Soros is considered by many to be one of the world's greatest investors. A famous hedge fund manager, Soros managed the Quantum Fund, a fund that achieved an average annual return of 30% from 1970-2000.
. It said Soros had tried to get turnaround specialist Al Dunlap to become CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of WMX WMX Window Manager for X
WMX WDM Multiplexer
WMX Web Services for Management Extensions
WMX Windows Media File Format
 Technologies, in which Soros holds a stake. The effort failed. Last week, Sunbeam announced Dunlap had agreed to become its chief executive.

The report cited no sources. It said a Soros spokesman had declined to comment and WMX had not immediately responded to requests for comment.

Dorfman's career began in print journalism, covering the retail business for Women's Wear Daily Women's Wear Daily (WWD) is a fashion-industry trade journal sometimes called "the bible of fashion."[1][2] It is the flagship journal of Fairchild Publications, Inc.[3] WWD's publisher is Ralph Erardy, Sr. , a trade newspaper. He wrote the ``Heard On The Street'' stock column for The Wall Street Journal in the 1960s and also has written for New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 magazine and Esquire.

Dorfman wrote a column for USA Today and Gannett News Service for eight years before moving to Money magazine. His broadcast career started on CNN CNN
 or Cable News Network

Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world.
, where he did a daily report on Wall Street after the markets closed.

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Photo

Photo: Dan Dorfman

Will return after therapy
COPYRIGHT 1996 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:BUSINESS
Publication:Daily News (Los Angeles, CA)
Date:Jul 23, 1996
Words:553
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