Is Wall Street Really Rigged? (Episode 27)
Guest: Chris Whalen, Sr. Managing Director at Kroll Bond Rating Agency Summary: Are our institutions rigged? You’ve certainly heard Donald Trump make that claim, and many others too. Andy examines the banking system, and asks Chris Whalen, author of “Fraud, Stability a the Wealth of Nations,” if banks deserve to be trusted. Find out if your hard-earned money is invested with trustworthy banks, and what you should do today if you have any doubts. SHOW NOTES: 3:01: Is Wall St. Fraudulent? 10:01: What is Systemic Risk? 14:57: Why are Demographics So Important to Investing? 19:26: What Happens if The Fed Raises Interest Rates?
