Allan Chernoff
Encyclopedia
Allan Chernoff is CNN
CNN
Cable News Network is a U.S. cable news channel founded in 1980 by Ted Turner. Upon its launch, CNN was the first channel to provide 24-hour television news coverage, and the first all-news television channel in the United States...

's award-winning Senior Correspondent and one of the nation's trailblazing journalists specializing in finance and business affairs.

Biography

Allan Chernoff appears on CNN
CNN
Cable News Network is a U.S. cable news channel founded in 1980 by Ted Turner. Upon its launch, CNN was the first channel to provide 24-hour television news coverage, and the first all-news television channel in the United States...

, CNN International, HLN and CNN Radio and writes for CNNmoney.com
CNNMoney.com
CNNMoney.com is the world's largest business website. The site is the online home of Fortune and Money, and serves as CNN.com's exclusive business site. The site, edited by Chris Peacock, together with the three titles, is part of the Fortune|Money Group, and attracts more than 10.8 million unique...

 and CNN.com. He frequently serves as CNN's economic and personal finance analyst. For more than two decades, Chernoff has helped viewers, listeners and readers understand economic swings, the ups and downs of the stock, bond and commodity markets and how to best manage their personal finances. Prior to the recent financial crisis, Chernoff reported extensively on the looming mortgage meltdown, the implications it could have, and how homeowners could best brace themselves.

Among his many CNN exclusives, Chernoff has exposed serious safety gaps in the airline industry; fraud in the healthcare system; and ecological damage caused by ethanol production. As part of his extensive coverage of the oil spill in the Gulf of Mexico Deepwater Horizon Oil Spill
Deepwater Horizon oil spill
The Deepwater Horizon oil spill is an oil spill in the Gulf of Mexico which flowed unabated for three months in 2010, and continues to leak fresh oil. It is the largest accidental marine oil spill in the history of the petroleum industry...

, he revealed the fact that oil rig blowout preventers, used as a fail-safe by the oil drilling industry, had a history of failure before the BP disaster.

Chernoff was the first to report on the legal battle between insurance companies and victims of Hurricane Katrina
Hurricane Katrina
Hurricane Katrina of the 2005 Atlantic hurricane season was a powerful Atlantic hurricane. It is the costliest natural disaster, as well as one of the five deadliest hurricanes, in the history of the United States. Among recorded Atlantic hurricanes, it was the sixth strongest overall...

 who lost their homes. He broke news of the insider trading guilty plea of former ImClone CEO Sam Waksal; SEC fraud charges against WorldCom; the plan to dissolve accounting firm Arthur Anderson
Arthur Anderson
Arthur Anderson may refer to:*Arthur Anderson , Scottish businessman and co-founder of the Peninsular and Oriental Steam Navigation Company *Arthur E. Andersen , founder of Chicago-based accounting firm...

; Wall Street analyst Jack Grubman
Jack Grubman
Jack Benjamin Grubman was a former managing director of Salomon Smith Barney and the lead research analyst for telecommunications sector.-Personal life:...

's conflict of interest settlement; the suicide of former Enron executive Cliff Baxter; and details of the global settlement between tobacco companies and the states. He has covered every major business scandal since the 1980s, from Milken to Martha to Madoff.

Chernoff also reported and anchored for Time Warner's now defunct CNNfn
CNNfn
CNNfn was a U.S. cable television news network operated by the CNN subsidiary of the media comglomerate Time Warner from December 29, 1995 and of AOL-Time Warner until December 15, 2004. The network was dedicated to covering financial markets and business news.It was available in a number of...

. Prior to joining CNN in 2000, he reported for CNBC and NBC programs, including the weekend editions of NBC Nightly News and Today, as well as for MSNBC and WNBC. He reported on international, political and economic affairs from Japan, Russia, Germany, Israel, Mexico and Canada. At CNBC, Chernoff created and presented the network's "Managing Your Money" segments and later rose to become CNBC's first Senior Correspondent.

Chernoff was a founding journalist of Financial News Network
Financial News Network
The Financial News Network was a television network that operated throughout the United States during the 1980s.-Founding:Financial News Network was founded in 1981 by two men: Rodney Buchser, who had been general manager of KWHY, Channel 22 in Los Angeles and Glenn Taylor. The concept originated...

 (FNN), television's first network devoted to finance and business and was FNN's first New York Correspondent. While at FNN he was the first journalist to report live from the floor of the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

.

Among his honors, Chernoff is a six-time winner of best reporting awards from the Society of Professional Journalists
Society of Professional Journalists
The Society of Professional Journalists , formerly known as Sigma Delta Chi, is one of the oldest organizations representing journalists in the United States. It was established in April 1909 at DePauw University, and its charter was designed by William Meharry Glenn. The ten founding members of...

' New York chapter, Deadline Club. He has won two National Headliner Awards; two New York Festival Awards; and a Prism Award. Chernoff's reporting contributed to a CNN DuPont Award and his coverage of the Gulf oil spill, Hurricane Katrina and analysis of economic issues in the 2008 presidential campaign were each part of CNN's Peabody Award-winning efforts. His work has also been honored by the Sidney Hillman Foundation and the University of Maryland.

He has written on business, foreign affairs, travel and sports for The New York Times, The Wall Street Journal, Financial Times, Los Angeles Times, as well as other publications.

Chernoff is a graduate of Brown University
Brown University
Brown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...

 and earned an Executive Certificate in Financial Planning from Fordham University.

He sits on the board of the Deadline Club, is a career advisor for Brown University
Brown University
Brown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...

, and was an interviewer for the Survivors of the Shoah Visual History Project and a board member and Secretary of the New York Financial Writers Association.
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