Archive for September, 2011

Tune out the media hype and catch the launch of my new radio segment, “Your Personal Economy”, this week on Your Financial Editor!

Friday, September 30th, 2011

Today’s economic troubles and financial volatility are taking a toll on retiree’s across the nation.  Triple digit point swings in the market, sometimes on a daily basis, have created a new level of anxiety and stress for those who depend on the wealth they’ve created to see them through a successful and fulfilling retirement.  By tuning out the media hype and financial “noise”, investors can focus on what really matters – what I refer to as “Your Personal Economy”.  Structuring a wealth management strategy that is not only based on sophisticated models, but also one that is actively managed, provides you with opportunities and peace of mind that others can’t achieve because they find themselves caught up in the mainstream.

The inaugural “Your Personal Economy” segment will be about Retiring with Confidence.  I’ll be discussing some basic questions surrounding a successful retirement plan.  I’ll also analyze and review a report from the Federal Reserve regarding headwinds for Baby Boomers’ retirement.

As usual, I’ll breakdown the top stories of the week from  the world of business and finance.

Join me for the premier this Saturday, October 1st at 8am on AM 930 WFMD!

The human race created money and finance…have our inventions recreated us? This week on Your Financial Editor

Friday, September 23rd, 2011

My guest this week will reveal spectacular, dangerous money games that are generating increasingly massive bubbles of fake growth, prosperity, and wealth.  Tune in for a fascinating conversation with Satyajit Das, author of Extreme Money: Masters of the Universe and the Cult of Risk.

Join me this Saturday morning at 8am on AM 930 WFMD, or listen from your pc by logging onto WFMD’s website and click the listen live button.

About this week’s guest:

Satyajit Das is an internationally respected expert in finance, with over 30 years’ experience. He worked for the “sell side” (banks such as Citicorp Investment Bank and Merrill Lynch), the “buy side” (Treasurer of the TNT Group) and acted as a consultant advising banks, investors, corporations and central banks throughout the world. He has been within touching distance of many of the pivotal events in finance during his long career.

Das presciently anticipated many aspects of the Global Financial Crisis in his 2006 book Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives In a speech that year – The Coming Credit Crash – he argued that: “an informed analysis of the structured credit markets shows that risk is not better spread but more leveraged and (arguably) more concentrated amongst hedge funds and a small group of dealers. This does not improve the overall stability and security of the financial system but exposes it to increased risk of a “crash” during a credit downturn.” He has continued to be a respected commentator on developments in the crisis, accurately anticipating many subsequent phases.

He was featured in Charles Ferguson’s 2010 Oscar winning documentary Inside Job and a 2009 BBC TV documentary – Tricks with Risk.

Das is the author of many highly regarded books on derivatives and risk management, which are regarded as standard reference works for professional traders. In 2006, he published the international best seller Traders, Guns & Money, a satirical insider’s account of derivatives trading. The Financial Times described it as explaining “not only the high-minded theory behind the business and its various products but the sometimes sordid reality of the industry”.

His latest book is Extreme Money: The Masters of the Universe and the Cult of Risk (2011) described by Nouriel Roubini as: “A true insider’s devastating analysis of the financial alchemy of the last 30 years and its destructive consequences. With his intimate first-hand knowledge, Das takes a knife to global finance and financiers to reveal its inner workings without fear or favor.”

He appears regularly in the media in the US, Canada, UK, Australian, New Zealand, India and South Africa. His opinion pieces appear in prestigious publications throughout the world including the Financial Times. His blogs can be found on a number of on-line financial sites, including www.wilmott.com, www.roubini.com, www.minyanville.com, www.eurointelligence.com, www.nakedcapitalism.com and www.prudentbear.com.

What motivates you? Money? Status? Honor? This week on Your Financial Editor.

Friday, September 16th, 2011

This week on YFE, I’ll be talking with my guest about what motivates people, specifically in the workplace.  Find out how to attract the best employee with the most appealing benefits package, or how to resolve conflicts when multiple, different personalities are present.

Join me this Saturday morning at 8am on AM 930 WFMD, or listen from your pc by logging onto WFMD’s website and click the listen live button.

About this week’s guest:

Dr. Steven Reiss, PhD, is a Chairperson and Founder of IDS Publishing.  He was educated at Dartmouth College, Yale University, and Harvard Medical School.  He is currently Executive Director of the World Society of Motivation Scientists and Professionals.  He is the author of several very widely used psychological measures including the Reiss Motivation Profile, The Anxiety Sensitivitiy Index, and the Reiss Screen for Maladaptive Behavior.  His research on 16 human needs has been applied to business and leadership training, school motivation, sports psychology, health psychology, relationships, and religion.