22 Burst results for "Bernie madoff"

Why Philadelphia Phillies should be terrified of prospective New York Mets owner Steve Cohen

Joe DeCamara and Jon Ritchie

02:54 min | 2 weeks ago

Why Philadelphia Phillies should be terrified of prospective New York Mets owner Steve Cohen

"News, it's the news from a couple days ago. That it is. Ah, just ah, matter of crossing some T s and dotting some. I's For major billionaire Steve Cohen to buy the New York Mets. Why is this a problem? All right, let's go, Micro. Then we'll go macro. A micro problem. Is that Jay Serial Muto is a free agent in 30 games, plus the plaice. And the New York Mets need a catcher and Steve Cohen, for those of you don't know who he is and what his deal is Big Box New York to the point that the second he takes over the Mets John he becomes the richest owner in major league baseball. Soon as he takes over. And he's going to take over the Mets. He won the bidding war against Alex Rodriguez and Jennifer Lopez and Josh Harris and some others. He's the one who's going to win this which means when Jadiriyah Muto and by the way, really mute tone is agent probably have been aware ofthe. I'm sure his agent part of the reason they haven't signed is a wait, Wait, wait, wait and went to no brainer. Steve Cohen might be taken over the mats. Hold on, Don't sign, and I know yesterday, McClintock talked about the Dave engage in conversation, and that's good. But you know the reality is the The five year $100 million deal right that summer. Free beer first speculating today. Well, maybe it'll be five on 120. He'll get his 23 year because we don't know that it won't be five years and 180 million Well, James, That's a little aggressive. You don't know what you're talking about. A guy here one in New York. I know I want to make yourself something. I agree with that. But I mean, let's not get carried away. 51 80 is is not gonna happen, we'll say but here's what I know. I just got a lot harder for the pills. And by the way, that's just on the real Muto front. In one example. Then there can actually division the macro is this is a division where obviously the Braves in the nationals, and even to an extent, the Marlins has some nice young players. Phillies have some clearly some veterans that are good. But the reality is the Mets, who have ever since the Bernie Madoff disaster for them about 15 years ago have been a joke. As far as being in New York spending money the way a New York team should get ready for that to change this decade. Yeah, that's the issue is that all of a sudden the Mets are gonna be cheap anymore. It's just got hard, man. I mean, the the New York Mets. They shouldn't be cheap, You know, just like the Philly should correct. I agree. So ah. Now, this guy, apparently pretty big ego guy. I'm sure he's going to want to win some some battles against the Yankees. As far as you know, who's got the upper hand in New York and who's controlling the airwaves, the television networks in the radio and conversation and all that stuff and J. T. Real Muto is is like the prize that Mets fans are clamoring for. So just just know as a Phillies fan as we all are. It just got harder. It just got harder for the filles.

New York Mets New York Steve Cohen Jadiriyah Muto Phillies Mcclintock Alex Rodriguez Yankees Braves Baseball Bernie Madoff Marlins Jennifer Lopez James Josh Harris Philly J. T. Dave
"bernie madoff" Discussed on Killer Knowledge

Killer Knowledge

04:00 min | 6 months ago

"bernie madoff" Discussed on Killer Knowledge

"The name of the company made off started in nineteen sixty. The company grew and evolved right up till his arrest. Almost fifty years later score is one to one. I'll made off started the penny stock company with money that he had saved up. He was in his early twenties. Well before he got help funding the business that would take him to the heights of his success. Question number three. How much did young Bernie Madoff us to start his business? A five thousand dollars. Be Three thousand dollars. See seven hundred and fifty dollars. Kara a five thousand dollars correct. The answer is a five thousand dollars. Made off saved up the money. He earned as a lifeguard and installing sprinklers. Considering inflation five thousand dollars back then was worth about forty. Three thousand dollars in two thousand twenty score is two on you. One homemade offs family was instrumental in helping him in the early years of his financial career. One person in particular out to a circle of friends and family for referrals question number. Four which have Bernie madoff family members is commonly credited with helping to get his business off the ground. A his brother be his father. See His father in law. Kara see his father-in-law correct. The answer is C. His father in Law Bernie madoff parents had become involved in finance but records show. They were less than successful at it. It was Bernie's father-in-law Saul alpern. Who HELPED DRAMA? Bernie's early clients. That makes the score. Kara three on you. One Saul alpern was the father of Bernie madoff high school sweetheart who he married in the year before starting his company which brings us to question number five. What is Bernie made offs wife's name a Shayna be Sylvia? See Ruth on you. See Ruth correct. The answer is c Ruth. The couple went on to have two sons mark and Andrew on that makes the score three to two in favor of Kara. Another key. Family member was Bernie's brother. He joined the firm in nineteen seventy and laid more groundwork that would later make the firm as lucrative as it was question number six. What is the name of Bernie madoff rather a Daniel made off be? David made off. See Peter made off on you. Be David made off. That is incorrect. Kara a Daniel off that is also incorrect. The correct answer is C. Peter made off Peter Maiden instrumental contribution to the firm. He helped create a groundbreaking computer trading system that gave the firm competitive edge after a trial. Run the technology they developed. Help give rise to the NASDAQ. The score remains Kara. Three on you to our next question takes us into the mid nineteen eighty s made offs company grew famous for its reliable annual returns of ten percent or more and growing trading volume on the New York Stock Exchange. The company got some new digs to go with all that success becoming one of the first to move into a brand new skyscraper in midtown Manhattan Question Number Seven. What was the nickname of that thirty? Four story red granite skyscraper the Lipstick Building. Be The dynamite. See The dragon tower..

Bernie Madoff Kara c Ruth C. Peter Lipstick Building dragon tower David Manhattan Daniel New York Andrew Sylvia Peter Maiden
Bernie Madoff seeks early release due to end-stage renal disease

Dave Ramsey

00:31 sec | 8 months ago

Bernie Madoff seeks early release due to end-stage renal disease

"Convicted Ponzi scheme mastermind Bernie made off says he's dying in a new legal filing the disgraced Wall Street investor claims he's got less than eighteen months to live and is seeking an early release from prison the eighty one year old is currently serving a one hundred and fifty year prison sentence in North Carolina for operating the largest Ponzi scheme in history defrauding investors of billions of dollars made office end stage renal disease and is hoping for some compassion from the court Brian shook NBC news

Bernie North Carolina Brian Ponzi Scheme NBC
"bernie madoff" Discussed on Here & Now

Here & Now

01:47 min | 1 year ago

"bernie madoff" Discussed on Here & Now

"She's somebody who has struggled with questions about linking her own heritage to the native community. What that means you took a d._n._a. Test so i'm particularly particularly curious to sort of see how she's able to resonate or not resonate you know we'll see with members of the native community and tribal leaders there beyond that jeremy though i'm also very interested in joe biden as a whole. I think he's somebody who we saw. Slip up have a couple of gaffes in iowa during his campaigning there last week. <hes> i'm just sort of curious to see how he is able to broaden his appeal and whether or not some of those gaps continue to catch up with him and the next debate is coming up in the middle of september were a couple of weeks away from the deadline to qualify for that but <hes> maybe it'll be a little smaller than the last time with twenty people and that's the case okay. That's up v._r.'s political correspondent asthma holly thank you you're welcome. Shares of general electric are heading back up today. After they took an eleven percent drubbing gene yesterday investors bailed after a whistleblower claimed the company is hiding major losses the whistle blowers harry markopoulo s- best known for sounding the alarm on bernie madoff ponzi scheme meighan is bloomberg's senior editor and mike. What exactly is g._e. Hiding here according to this whistle blower you're well. There's a few things being alleged remember g._e. Is a conglomerate involved in a lot of different businesses but the most serious one is it's long term care insurance insurance business and that's health insurance which basically covers prolonged medical events that aren't completely covered by medicare were traditional insurance and and.

joe biden bernie madoff ponzi scheme jeremy iowa medicare bloomberg senior editor mike eleven percent
"bernie madoff" Discussed on Extraterrestrial

Extraterrestrial

03:39 min | 1 year ago

"bernie madoff" Discussed on Extraterrestrial

"Bernie Madoff was the closest thing to assure diabet- Wall Street could offer a con artist operates on what people believe about them more than anything else and Bernie Madoff was tinkering with his public image as soon as he could do business made off was born April twenty ninth nineteen nineteen thirty eight in Queens New York Bernie's father Ralph ran a sporting goods store for most of his childhood but in the nineteen fifties the store it went out of business leaving the family in dire straits. This failure burned itself in Bernie's mind.

Bernie Madoff Bernie Ralph
Bernie Madoff asks Donald Trump to reduce 150-year sentence

WBZ Morning News

00:44 sec | 1 year ago

Bernie Madoff asks Donald Trump to reduce 150-year sentence

"Bernie made off currently serving a one hundred fifty year sentence after pleading guilty to one of the largest Ponzi schemes is asking president trump to commute his sentence ABC's Michelle Franzen has more it's been a decade since Bernie made off began serving his sentence at a federal prison in North Carolina now the eighty one year old is asking the trump administration to reduce his one hundred and fifty year sentence the justice department confirming made off request made off pleaded guilty to eleven federal crimes including fraud the former hedge fund manager bilking clients out of billions of dollars of investment funds his case is considered one of the largest Ponzi schemes in history made off is not asking the president for a pardon instead hoping that the president will commute the remainder of his prison

Bernie ABC Michelle Franzen North Carolina Fraud Fund Manager President Trump One Hundred Fifty Year Eighty One Year Fifty Year
"bernie madoff" Discussed on Stansberry Investor Hour

Stansberry Investor Hour

01:43 min | 1 year ago

"bernie madoff" Discussed on Stansberry Investor Hour

"We're gonna get into trouble. And I'm just trying to make people aware of that. And get people thinking about ways that we can avoid the consequences of that. I'm gonna talk about three little episodes that were in the HBO film of your book wizard of lies starring Robert deniro and Michelle Pfeiffer, which I kind of enjoyed watching recently. That was great fun for me. Yeah. I noticed you've got to do scenes with Robert deniro that must've been a lot of fun. Yeah. You know? I thought I would just retire at the top after I finish that. My I make my film debut of opposite, Robert deniro, and you're just doesn't get any better than that. So anyway, there there are three episodes in in the book, and in in the movie that kind of caught my caught my eye, then they speak to a little bit of of why these things happen. Why I'm skeptical about regulatory responses the first episode, and they're not in chronological order. First up was when made off with sentence to a hundred and fifty years in prison with no hope of parole. The judge said something like I'm going to make an example of you. And I thought well, you can make an example of him all you want to. But the fact is there was Bernie Madoff somewhere before him, and they'll be another one after him, and you can't prevent that guy from coming into existence. Maybe you can stop him soon. But you can't really you can only make an example up to a certain point. The second episode. And this is one of the things I learned from your book that I did not know previously..

Robert deniro Michelle Pfeiffer Bernie Madoff HBO fifty years
"bernie madoff" Discussed on Stansberry Investor Hour

Stansberry Investor Hour

03:02 min | 1 year ago

"bernie madoff" Discussed on Stansberry Investor Hour

"And I can see from an evolutionary standpoint how that would have been really important when you're putting together to Neo the hunting team to go at up out after the woolly mammoth it really helps if they trust each other to to fairly share the the the kill. But the fact that we are default position is to trust one. Another specially people who look and sound a lot like ourselves that leaves us potentially vulnerable to the the sociopaths who will use that trust to rip us off it. It's always a risk. But you know, the the alternative is not don't trust anybody. That's what's so difficult. We can't just say you trust. No one or modern commerce comes to a halt and modern banking comes to a halt. And what a hideous society. That would be the live in anyway. So it's important that we figure out a way that we can sustain the trust. That's necessary. One of the ways that investors can do that is a is to simply ensure that the investment managers they use the investment advisers they use. Maintain their account with an independent third party custodian it's kinda complicated measure, but but an independent third party custodian is almost you. You know, fail insurance against upon these scheme is a good practice to just be sure as an individual you're doing that. And then from the regulatory standpoint, I frankly, think regulators need to be a lot tougher on banks as our first line of defense against Ponte's games because as you could see from wizard wide if Bernie Madoff hat and had a Bank account. He would not have been able to do what he did every Ponzi schemer has to have a Bank account and uses that Bank account in in pursuit of his crime. So Bank before the banking business could be an early warning wine of defense as you were saying earlier to stop these crimes instead of you to pick up the pieces after they've they've been exposed well bankers are in a position to do that. And you and I may not be so I would like to see. Much more made of the Bank regulatory process as a tool against Ponzi schemes. You know? You Braise an interesting point because at one point in the story at all these huge banks J P Morgan Chase HSBC CitiBank Florida's Merrill, Lynch. They were actually offering made off linked derivatives derivatives linked to Bernie Madoff, no phony performance. So I don't know. I don't know Diana, should I really trust these people..

Bernie Madoff Diana Ponte HSBC CitiBank Florida Merrill Lynch
"bernie madoff" Discussed on WINT 1330 AM

WINT 1330 AM

06:26 min | 1 year ago

"bernie madoff" Discussed on WINT 1330 AM

"Now for. Twenty years on air. And much much much longer. We're here. Markowski investments myself here on this program. What are the things that we have on our websites are our count repair kit. Don't that goes back to that goes back to the early nineties? The system that we have put together still works where we help people. And we show them what it's gonna take to rebuild all of the losses that they were taken in their accounts back in the day. How hard it was for us. We're feeling phone calls left, right? All over the place working seven days a week. Working on portfolios million dollar portfolios. That were now portfolios that were eighty to one hundred thousand dollars people at two hundred fifty thousand dollar portfolios that were now down to fifteen twenty thousand dollars. Stupid. What are you dealing with those losers for they lost money that already money left? What are you doing with them? Wall Street for you. These people need help. Doing. These people have been wiped out. They need. They need some sort of system some sort of plan. Some sort of plan to get them selves back to where they were. And again, I've talked about it here on the program. Many people were so were so shells us. Oh, shellshocked Joan knocked down by this entire thing. They didn't listen. They wanted to believe that for some some some magical thing was going to happen and the crappy stocks crappy penny stocks if they had their portfolio, we're gonna make some sort of comeback or that they could trade their way back. They could trade their way back to where they were there one hundred thousand dollar portfolio. They're gonna make gonna turn it back to a million dollars. Yeah. That can be done. But it's gonna take a long time. It has since people doing the same thing they were doing before and expecting a different result. So yeah, we we've got some experience in this. We've been doing this for a very long time. Wasn't too long ago. I wanna give you an example of how it works because nobody ever talked about this J P Morgan Chase Bank. They finalize the deal with them. The Manhattan US attorney they paid them. Two billion bucks who million dollars over the fact that J P Morgan knew what was going on with the Bernie Madoff scandal, and in fact, aided and abetted his crime. J P Morgan. Chase had been in business with made off for two decades. And they claim that they did not have the proper systems in place to detect the fraud. Which is ridiculous. Absolutely ridiculous. What J P Morgan did know is that they were making a hell of a lot of money off made off. They could give a rat's ass how he was doing it. They didn't care. They were getting paid. Course, nobody from AP Morgan was prosecuted. And there's countless instances this. What I found interesting about this. And I wrote about was the fact that. United States government was collecting fines. Portion of the money for somebody was going towards the victims of the swindle. Portion of it. But of course, the government has to take its chunk as it always does. And the reality is that for the federal government to actually even receive a nickel. Swindle in of itself. As early as nineteen ninety two. The SEC ignored all red flags around Bernie Madoff. In fact, there was two accounts that were actually charged with marketing made off investments. With bogus promises of sky high returns. They went after those guys what? Do with made off that might the problem might be with made off himself. Talked about Harry Markopoulo compilation how he broke down. Adolf scam? And gave it to the SEC saying this guy is a fraud. Yup. Regulators went in and they did nothing. Nothing. Made off had powerful friends in government. Paid off made enough political donations keep any the meddling agent's office back. This is how it works. Okay. Talk about the call him a wolf on Wall Street. Jordan Belfort the wolf on Wall Street, if he was the wolf on Wall Street, what would you call these big investment firms today? Where will? Okay. Massive huge scary. Where wolves? Belfort's wolf because. That he's small potatoes compared to the nonsense that goes on. You want help you on honesty in regards to what's going on. You give us a call. We'll tell you. We'll tell you if it's a rip off we'll tell you Campbell type it's on the up and up. Take us that long. Just stop being a victim. Get the help you need get to our website watchdog on Wall Street dot com. That's watched on on Wall Street dot com. Our newsletter consultations with our certified financial planners,.

J P Morgan Bernie Madoff Jordan Belfort SEC Morgan Chase Bank fraud shellshocked Joan United States US attorney Chase Manhattan Campbell Adolf Harry Markopoulo million dollars two hundred fifty thousand dol fifteen twenty thousand dollar one hundred thousand dollars one hundred thousand dollar
For Madoff Victims, Scars Remain 10 Years Later

NPR's Business Story of the Day

04:33 min | 1 year ago

For Madoff Victims, Scars Remain 10 Years Later

"Support for this NPR podcast and the following message. Come from Yahoo finance live. Are you ready for relevant? Financial news streaming anywhere without cable or a subscription. Tune into Yahoo. Finance live for hours of live market coverage. They're ready. Are you ten years ago? This country was reeling from the worst financial crisis in decades. And in the middle of it all came shocking news, Bernie Madoff a pillar of Wall Street was arrested for orchestrating a multibillion dollar Ponzi scheme. Then you spread fast and quickly engendered panic amongst investors who gathered at the offices of their alleged swindler, hundreds of people were told the money, they'd invested with males firm was probably gone. They included rich and famous people. But also, those of more modest means now, many of those investors have recovered most of the money they lost. But as NPR's Jim zarroli reports, they're still living with the consequences of made offs fraud to his investors, Bernie Madoff was a Wall Street genius. A man who racked up? Big returns year after year. No matter how the economy was doing but made off lived with a terrible secret. And in two thousand eight with the economy crashing he was forced to admit that his investments were a fiction in tapes published by New York magazine later made off talked about breaking the news to his family. Cry. I should. I just. I have to tell you as news of made offs Ponzi scheme broke, thousands of investors, including many charities learned. They didn't have the money. They thought they had they included Steve Heim off a writer and critic whose retirement fund was wiped out. I had an Email from a cousin of mine, and I read through the body of her Email see explain that. It was all done every penny before then Heim off had never heard of made off. But an investment fund used by him and his family had been feeding money to mate offs firm now that money had vanished. And at age sixty two Heim off was forced to refinance his condo and severely cut back on spending. I just stopped going to restaurants. I stopped by Clova. I stopped going to -cations I stopped going to movies. The toll his losses would take on hyme off was considerable with came very close to suicide. For at least a year, it's been very emotionally exhausting. There's an element of post traumatic stress syndrome in the year since then made off who's now eighty pleaded guilty and was sent to federal prison. So were six of the people who worked at the firm including made offs, brother. Peter one of made off sons hung himself in his New York apartment. Meanwhile, the court appointed a trustee to try to recover what he could from the wreckage of made offs finances that trustee Irving Picard he spoke to NPR's weekend edition on Sunday about how he worked a lot of hard work. Some good lawyers working with us and forensic accountants and investigators and we developed the case from the ground up. The fund has so far recovered about thirteen billion dollars partly by selling off made offs houses. Aunties fifty five foot. Yacht named bull. The money will go to. Mate off victims, surprisingly, many of them will get back most of the funds they invested with made off, but they're only receiving money. They actually put into the fund those great returns, they thought they were getting the money in those monthly statements made off sent out virtually all of that is gone, Michael davita estimates. He'll get back about sixty percent of what he put into mate offs fund. I retired in August of two thousand eighteen eight years later than I expected on less than a third of what I expected to retire on nor will investors get back much of the taxes. They paid over the years on those returns davita has become something of an investor advocate since then and teaches a college course on made off. He says a lot of people weren't very sympathetic to made off victims. There was a lot of of feelings back at that time that people who were invested with Nate off quote got with eight deserved that the returns were too good to be true. And therefore you took advantage of the system. And you know, what ha ha we got you. But davita says a lot of made off victims weren't sophisticated or rich. They were just average people like himself people who naively trusted made off with their retirement money and have paid a terrible price. Jim zarroli NPR news, New York support for this podcast and the following message. Come from the Walton family foundation where opportunity takes root more information is available at Walton family foundation dot org.

NPR Michael Davita Steve Heim Bernie Madoff Ponzi Scheme Jim Zarroli Yahoo Walton Family Foundation New York Irving Picard New York Magazine Peter Trustee Clova Nate Writer Fraud Two Thousand Eighteen Eight Ye Thirteen Billion Dollars
How Amazon became the world's biggest e-retailer

Triangulation

03:46 min | 2 years ago

How Amazon became the world's biggest e-retailer

"Amazon is a really unique one of the most unique companies in your book because it it started out as the it wasn't the first they weren't the first people to sell things on the internet. But they were the first biggest and they're still the biggest so talk a little bit about the beginnings of Amazon. Yeah. Well, real quick though. I wanna point out like there's so many stories in this book of where the the one that wins is not the first one. It's like the that saying that leaders always get EROs in their back. You know, it wasn't a Facebook one. It wasn't my space. But the even before my space friendster even before. There were six degrees. The fact that to this day, the the number one e commerce company in the world by far I think last week I heard fifty nine cents of every dollar spent online is it goes to Amazon. It was was the first is actually we got to give them a lot of credit for that. Because again, like, you know, no, one swooped in and and eight Jeff Bezos is lunch. What? So how how did it get started? Jeff Bezos is he's working on Wall Street at a firm, the aquatic firm, that's actually competing tooth and nail with Bernie Madoff squad firm and the internet and web takeoff and he's assigned by his boss. The Shaw to David Shaw to to research this as a business opportunity, and there's fame the famous story of he sees how the internet's taking off and he realizes this is the biggest thing of his life. Is he going to regret leaving Wall Street behind leaving his Christmas bonus behind? No, he's going to go off and do this internet thing, and he and MacKenzie his wife drive across the country and he's typing the business plan on his laptop. And he they don't even know where they're going to go. Okay. There's a several different internet stories internet founding stories that I've had to debunk in this book. I spoke to shell caffeine who was employee number one at Amazon he said, well funny story. The Jeff had been out to San Francisco the month before to hire me and the other employee number two. I can't remember his name at the moment. Oh, and we knew we were going to Seattle because he had already done the research if they're going to do books the Ingram and Taylor are the big book warehouses, and they have warehouses in Oregon. He doesn't want to be in California because California has a sales tax or higher sales tax. And so see we knew we were going to Seattle. So okay. And same thing happened with EBay, the whole idea that EBay was they he wanted his fiancee that have a place to to trade Pez dispensers that these are these are stories that are made up because they're nice cute little PR stories. But I think the bottom line story of Amazon is that Jeff Bezos, I believe this saw the internet saw that it was the greatest thing that would ever happen is lifetime the greatest business opportunity. And I what I don't believe is that he knew. I think he wanted he intuited from day one that it could be an everything store. I think that commerce could have efficiencies of scale and efficiency in terms of being more convenient for for consumers. But he he started with books because I believe in. I if everything we've read about him, I believe his mind works this way, he was going to test the hypothesis now as soon as he proved that books that people would buy things because remember in ninety five I in fact, again back to my library research as late as nine hundred and ninety nine I'm reading articles after article after article in Forbes fortune and BusinessWeek people winner people ever going to trust buying doing commerce online putting their credit cards online.

Jeff Bezos Amazon David Shaw Seattle Mackenzie Friendster Facebook Ingram Ebay Bernie Madoff Caffeine San Francisco California Forbes Fortune PEZ Oregon Businessweek Taylor
"bernie madoff" Discussed on KDWN 720AM

KDWN 720AM

01:58 min | 2 years ago

"bernie madoff" Discussed on KDWN 720AM

"Happens when we put the other eighty five percent of the population on it? It is. Nanteuil thought this is bigger than Bernie Madoff. You have a political party. That's perpetuating it and Florida we've got the democratic gubernatorial candidate that is running on it. Financial fraud running on a platform of financial fraud. And by the way. If you're not paying attention to or does gubernatorial race, and you're not in Florida. That's okay. That's okay. But guess what if Andrew Gilman if the socialist wednes-, well, we've got much bigger problems because it's coming to a state near you one of the most important elections in the entire country. This year is what's happening right here in my home state of Florida where we have Ron Disentis. It was the Trump candidate who is running as the Republicans will replace Rick Scott was term limited and running for the Senate. Andrew Gill is the Bernie Sanders candidate. I want you to think about this for a moment because you're used afford being the purple state this wings state. We tend to have your fairly moderate politicians. They'll know you will have the most liberal and leftist governor in the entire country if Andrew gillum wins, and you go well that sucks to be you know, is sex to be you everywhere because here is what will happen. We've already seen it start start to take place. Andrew Gill was not backed by the Democrats in our state. He was one of five candidates running. The establishment on the left ended up. Backing Gwen Graham, the daughter of former governor, Bob Graham in our state. She finished second to Andrew gilpin, Andrew Gilman. Rode the wave of the Bernie Sanders support end up winning the democratic nomination, which is thirty four percent of the vote that was enough to get through..

Andrew Gill Andrew Gilman Florida Bernie Sanders Andrew gillum Bernie Madoff Andrew gilpin fraud Gwen Graham Nanteuil Bob Graham Rick Scott Ron Disentis Senate eighty five percent thirty four percent
"bernie madoff" Discussed on KTAR 92.3FM

KTAR 92.3FM

08:36 min | 2 years ago

"bernie madoff" Discussed on KTAR 92.3FM

"Day millionaires. Ordinary people built extraordinary wealth, and how you can too and Chris and our team and then even outside research firm put together airtight research process and detailed interviews with over ten thousand millionaires. Some of those were millionaires that we're familiar with us. Some of them were not familiar with us and oddly enough the data between the two of them matched up, but that the findings from that are in this new book it is on sale. Now, it comes out technically in January. So we'll ship it to you in January. If you buy now, and Chris the sales are going, very, brisk David really is. I mean, it's moving at a very very good pace. And I'm excited for people to read these stories it baffles me every time. People ask me, they say, how many people did your survey say over ten thousand, and they you know, it's hard for people to wrap their head around there. Because you don't hear about studies that have that many people, but that's our effort to be comprehensive and to know exactly what's going on. What are the state of millionare's nowadays? And we've got this information here in the book ten thousand millionaires, that's a lot. I mean, thousands statistically significant. That's right. When Tom Stanley did the book millionaire next door years ago at seven hundred fifty and that was fine from a statistical standpoint. Makes the findings reasonable inaccurate. I mean, if you've ever had a statistics class, you know, how to do that stuff? And certainly, Chris, and I have and, but that wasn't the point the point was we wanted it to be because we knew that some of you are and some of your friends are victims and think your stock, and you would not like the message that it is up to you to become a millionaire. And so we wanted to get enough data to where it's no longer a discussion about what the facts are. It's just your feelings are wrong. And that's a big deal. Oh, it really is. I mean because now you've got to look in the mirror. You gotta make a decision, you know, and seeing the stories of the people that have walked through stuff, Dave, the consistency. Over time. That's one of the things you talk about is being focused being consistent and having those actions that you just do do do. That's the things that we hear time and time again in these stories, it's not an accident. It was a decision and. And people can make that decision right now here today to begin to put themselves on that track. And you gotta make it over and over and over and over again. That's right. At one time. It's every morning you get up and make the decision I'm going to engage in the habits that millionaires engaging. I'm not going to engage in broke people habits. And that's what's outline, and no they didn't all inherit their money. If you're new to this program or you're new to this discussion. Inexcessive ninety percent of them are not millionaires because of an inheritance, and we can get real detailed and get down into the study. The exactly how many zero inheritance or they might have got ten thousand or they might have been more two million dollars. And then they inherited two hundred. So can't say they got no inheritance. But they were already millionaires before they got it or the amount. They got was so ludicrously small that it didn't impact the math. Well, Dave, I'm gonna tell you. There's all kinds in here. But I'm gonna tell you another one that jumped out at me. It's not about how much you make you see this. Is that surprise me? I shot we were going to see higher incomes at least spectrum, right? I didn't know what the average income throughout their working life would be. But I thought the spectrum would be up over two hundred k b two and it wasn't. No, it's it's a lot of them. Didn't even make six figures. That's exactly right and people will shake their heads. I'm telling you need to read the book because it's in there. Because it just naturally away. And you said a word Dave that that jumped out at me. And it's the victim like we've got to get over this mindset that that everything's against us. And we don't have an opportunity. That's not the case because some of the people in here really walk through some tough life situations, but came out of a really tough, really. But they decided as you said kept it consistently going. So America, the American dream is alive. And well, you just have to make a decision. That's true. That's a declarative statement is very accurate. So the book is every day millionaires. How ordinary people built extraordinary wealth and how you can do. It's a great message because it's the dream that you can financially be sombody is still alive. Is that the answer to all your problems? No, no, no. If you're if you're a jerk, and you get money, you're just a rich jerk. I mean, it's not the answer to your problems. But this idea that you're economically. Stuck is just not accurate. The book is twenty dollars. It comes out in January. We'll ship it to you. Then if you wanna pre-order it we're going to bribe you to do that we're going to give you about fifty dollars worth of free bonus items, including in January, we will ship you. The everyday millionaires audio book read by Chris HOGAN himself with that voice. The voice the trusted voice in America. And everyday millionaires e book and a video lesson from Chris called how to retire inspired. We'll send you immediately and a video lesson from me called. It's okay to be wealthy permission to win in a culture. It's it's a weird thing. We're taught to. Impart parts of taught fewer and fewer of these days. It's disturbing. But when I was growing up, you were taught to work hard beyond just help people serve, and you would be successful, and you could build wealth, and you could grow a life. Then when you do all of those things, and you're wealthy. Then you have people throwing stones at you and say, oh, you've done something wrong. You must be a crook. You must be a snake oil salesman. You must be this or that. And. So it's this paradox of you're supposed to be wealthy, but you're not really supposed to be. Well, that's right. And so that's why we did this lesson. It is okay. It is. Okay. And the other thing we found with most of these millionaires. They're not crooks know, they weren't shysters. They didn't run some Bernie Madoff scam. You know, they didn't run some thing that got him put in jail, or you know, that that's not who. I mean, those are such those those stories they make the news because they're so rare. Most of these people were just engineers. I just accountants the one. Occupation that threw us off teacher in the top five. Yes. The top five at the most found in the study occupations number in the in the top five of teacher. I love that. Oh, it it blew me away. We all know they're underpaid for the job that they do. But despite what they're paid. Again. It doesn't matter about your income. It's your plan for your money that teachers landed in the top five blew me away. But then again, medical doctors did not did not make the top five. But then again, Dave it goes back to the plan you for thirty years. Now, I've been telling people to be intentional with your money. Get yourself out of debt stop giving it to other people and making them rich, build your own wealth. And the thing is is that you have those habits in your life. The by product is you will get to build wealth. You will get to be able to be a blessing to help single. Moms wounded veterans because broke people can't do that. They don't have the means. I wanted to help people when I was broke. But on the money, right? Trying to feed my kids. Did you know hungry kids at the Ramsey house where we were then? Three boys. You have permission slips back in your day. When you all in school when you to have your parents, sign them. Yeah. Me too. And what I found in doing this this book is that you Americans we have to sign. Our own permission slip to give ourselves the ability to be able to build wealth. We have to believe it's okay, then start to do it ourselves. Rabbi Lapin talks about that and prosper. One of the ten reasons he found that Jewish people prosper and a rabbi studying Quadros people prosper. What was that? You can it's very difficult to engage enthusiastically, and something you believe to be morally wrong, if you believe wealth is morally wrong or building wealth is morally wrong. It's very difficult for you to engage in that. It's it's psychologically perpendicular. You know, it it it doesn't work for you..

Chris HOGAN Dave America millionare Rabbi Lapin David Bernie Madoff Tom Stanley Ramsey house Quadros salesman two million dollars ninety percent twenty dollars fifty dollars two hundred k thirty years
"bernie madoff" Discussed on KSFO-AM

KSFO-AM

08:36 min | 2 years ago

"bernie madoff" Discussed on KSFO-AM

"Day millionaires. Ordinary people built extraordinary wealth, and how you can too and Chris and our team and even outside research firm put together. Airtight research process and did detailed interviews with over ten thousand millionaires. Some of those were millionaires that we're familiar with us. Some of them were not familiar with us and oddly enough the data between the two of them matched up, but that the findings from that are in this new book it is on sale. Now, it comes out technically in January. So we'll ship it to you in January. If you buy now, and the sales are going, very, brisk David really is. I mean, it's moving at a very very good pace. And I'm excited for people to read these stories it baffles me every time. People ask me, they say how many people did you survey? Let's say over ten thousand and they you know, it's hard for people to wrap their head around there. Because you don't hear about studies that have that many people, but that's our effort to be comprehensive and to know exactly what's going on. What are the state of millionare's days? And we've got this information here in the book ten. Thousand millionaires that's a lot. I mean a thousand statistically significant. That's right one. Tom Stanley did the book millionaire next door years ago at seven hundred fifty and that was that was fine from a statistical standpoint that is makes the findings reasonable inaccurate. I mean, if you've ever had a statistics class, you know, how to do that stuff? And certainly, Chris, and I have and, but that wasn't the point the point was we wanted it to be because we knew that some of you are and some of your friends are victims and think your stock, and you would not like the message that it is up to you to become a millionaire. And so we wanted to get enough data to where it's no longer a discussion about what the facts are. It's just your feelings are wrong. And that's a big deal. Oh, it really is. I mean because now you've got to look in the mirror. You gotta make a decision, you know, and seeing the stories of the people that walked through stuff, Dave, the consistency. Over time. That's one of the things you talk about is being focused being consistent and having those actions that you just do do do. That's the things that we hear time and time again in these stories, it's not an accident. It was a decision and people can make that decision right now here today to begin to put themselves on that track. Then you gotta make it over and over and over again. That's right at one time. It's every morning you get up and make the decision I'm going to engage in the habits that millionaires engaging. I'm not going to engage in broke people habits. And that's what's outline, and no they didn't all inherit their money Nader new to this program or you're new to this discussion. In excess of ninety percent of them are not millionaires because of an inheritance, and we can get real detailed. You get down into the study. The exactly how many zero inheritance or they might have got ten thousand or they might have been worth two million dollars. Then they inherited two hundred not. So you can't say they got no inheritance. But they were already millionaires before they got it or the amount. They got was so ludicrously small that it didn't impact the math. Well, Dave, I'm until you there's all kinds in here. But I'm gonna tell you another one that jumped out at me. It's not about how much you make you see this is a number that surprise me. We were going to see higher incomes at least spectrum right? I didn't know what the average incomes are out there working life would be. But I thought the spectrum would be up over two hundred k b to and it wasn't. No, it's it's a lot of them didn't even make six figure. That's exactly right and people will shake their heads. I'm telling you you need to read the book because it's in there. Because it just snatches away. And you said a word Dave that jumped out at me. And it's the victim. Like, we've got to get over this mindset that that everything's against us. And we don't have an opportunity. That's not the case because some of the people in here really walk through some tough life situations, but came out of a really tough, really tough. But they decided, and as you said kept it consistently going so America, the American dream is alive, and well, you just have to make decision. That's true. That's a declarative statement is very accurate. So the book is everyday millionaires. How ordinary people built extraordinary wealth and how you can do. It's a great message because it's been the dream that you can financially be sombody is still alive. Is that the answer to all your problems? No, no. If you're if you're a jerk, and you get money, you're just a rich jerk. I mean, it just it's not the answer to your problems. But the this idea that you're economically. Stuck is just not accurate. The book is twenty dollars. It comes out in January. We'll ship it to you. Then if you wanna pre-order it we're going to bribe you to do that we're going to give you about fifty dollars worth of free bonus items, including in January, we will ship you. The everyday millionaires audio book read by Chris HOGAN himself with that voice. The voice of the trusted voice in America. And everyday millionaires e book and a video lesson from Chris called how to retire inspired. We'll send you immediately and a video lesson from me called it's okay to be wealthy. Sometimes you need permission to win in a culture. It's it's a weird thing. We're taught to. Apart parts of us are taught fewer and fewer of these days. It's disturbing. But when I was growing up, you were taught to work hard beyond just help people serve, and you would be successful, and you could build wealth, and you could grow a life. Then when you do all of those things, and you're wealthy. Then you have people throwing stones at you and say, oh, you've done something wrong. You must be a crook. You must be a snake oil salesman. You must be this or that. And so it's this paradox of you're supposed to be wealthy by. You're not really supposed to be. Well, that's right. And so that's why we did this lesson is, okay. It is. Okay. And the other thing we've found with mostly millionaires is they're not crooks know, they weren't shysters. They didn't run some Bernie Madoff scam. You know, they didn't run some thing that got him put in jail, or you know, that that's not who. I mean, those are such those those stories they make the news because they're so rare. Most of these people were engineers, they were just accountants. The one. Occupation that threw us off teacher in the top five. Yes. The top five at the most found in the study occupations number in the in the top five teacher. I love that. Oh, it it blew me away. We all know they're underpaid for the job that they do. But despite what they're paid. Again. It doesn't matter about your income. It's your plan for your money that teachers landed in the top five blew me away. But then again, medical doctors did not did not make the top five. But then again, Dave it goes back to the plan you for thirty years. Now, I've been telling people to be intentional with your money. Get yourself out of debt stop giving it to other people and making them rich, build your own wealth. And the thing is is that you have those habits in your life. The product is you will get to build wealth. You will get to be able to be a blessing to help single. Moms wounded veterans because broke people can't do that. They don't have the means. I wanted to help people broke but on the money, right? Trying to feed. My kid, you know. Hungry kids at the Ramsey house or then. Digital three boys. You definitely. Slips back in your day when you all in school when you had to have your parents sign them. Yeah. Me too. And what I found in doing this this book is that you Americans we have to sign. Our own permission slip to give ourselves the ability to be able to build wealth. We have to believe, it's okay. Then start to do it ourselves. Rabbi Lapin talks about that. And ultra prospered one of the reasons he found that Jewish people prosper and a rabbi studying Quadros people prosper. What was that? You can it's very difficult to engage enthusiastically in something you believe to be morally wrong, if you believe wealth is morally wrong or building wealth is morally wrong. It's very difficult for you to engage in that. It's it's psychologically perpendicular. You know, it just it doesn't work for.

Dave Chris HOGAN America millionare Rabbi Lapin David Bernie Madoff Tom Stanley Nader Quadros Ramsey house salesman two million dollars ninety percent twenty dollars fifty dollars two hundred k thirty years
"bernie madoff" Discussed on WCBM 680 AM

WCBM 680 AM

05:33 min | 2 years ago

"bernie madoff" Discussed on WCBM 680 AM

"You. Feel your, time Become informed if your, investment decisions that you wanna laugh or just that if you feel rushed just pass you'd be better off if you. Have the appropriate amount. Of time to do your own research and think about things? Clearly another warning sign have, you. Ever? Heard of the. Herd effect of human beings. We are herd animals, actually aren't we we're not really the majority of us are we're not really loners but it's important because in endorses the idea that a lot of time people will make investment decisions based on nothing more than the fact that someone else they like or trust made the same. Decision rather than. Actually doing the right research that's required to. Make an informed decision. They threw reservation, they just go ahead and act on impulse When they hear that a neighbor or a friend or whoever has done well with a particular investment which may or may not be suitable. For you so. Again avoid the herd mentality in your investments Another here's another warning sign pitched at a free seminar now I'm not saying, there's anything wrong with attending a seminar to learn about financial planning or products and I've given. Seminars myself attending a seminar of financial planning products that a particular advisor may be offering at their firm but be, careful because sometimes these seminars are going to be. Designed, as high pressure sales scenarios there, are certainly a financial professionals that are doing seminars to educate and. Meet new people in a low stress way and there are plenty of financial people doing seminars however to pitch up single product type two people that, attend and. Hopefully, to make a pile of money so never purchase at a seminar and always do your due diligence on the company and the advisor prior to attending. Or scheduling, an appointment with said sir person also now let to skip to this had of wait a ponzi scheme i think this is a pretty interesting thing what is a ponzi scheme the pasi scheme has what made bernie madoff famous you've likely heard his name the bottom line is they take your money in and as long as they keep taking more money in then they have more money to dole out and the pyramid scheme goes on in bernie's case he created a fake fund that he convinced people to buy that provided incredibly consistent and incredibly high rates of return them had her what was going on with the markets or the economy i saw on the they did a movie on h._b._o. with robert de niro i thought it was pretty good at that bernie madoff but little did the investors know that bernie had funneled their money through an illegitimate or fake custodian and he really was just using their money creating fake accounts and fake statements so how'd you ponzi proof your money well some tips for a recent article by kurt cassidy was featured in kiplinger may healthy understand number one work with a trusted adviser is probably your best bet to make sure you aren't going to be put into a financial product or spiny angel situation that you shouldn't be in also be sure your custody and is legit to be extra safe you made more to make sure your money is being held by a legitimate custodian there are many companies out there that are very credible if the adviser of a particular advisory company is asking you to have your investments transferred or rolled Over or deposited or made payable to them individually while you may wanna pump. The brakes then so it's not my goal here to. Scare you today but I just wanted to go over some ways that we can avoid a potential Retirement financial scam again this is rod Barohi I'm here every. Week to. Offer you tips on how to achieve a safe and. Successful retirement income, if you would like. To schedule your own complimentary consultation come on into my office in either Annapolis. Or Townsend and meet one on one with me rod Barreau you also meet with members of my team as well but, more importantly, you'll meet with me we'll get to know each, other when you come on in for your. Visit see if we're on the same page. And we can discuss different strategies that you can use to create a financial wellbeing financial wealth projection where we can evaluate your IRA's your. 401K's your thrift savings plans, and social security timing maximize that integrate all that with your pensions if you're lucky enough to have any and. Create a wealth projection and an income plan that's going, to last as long as you live if you're a married couple we make sure this is set up properly so that it takes care of both spouses and also in the back end make sure that if there's anything in there then it can't that we have leftover when we all pass on that it's goes to your beneficiaries we do legacy planning to make sure that that's all done as tax efficiently as possible as well if you would like to schedule your own complimentary consultation with me all you have to do is pick up your telephone and give me a call my local phone number and on a local guy i grew up here i still live here my local phone.

bernie madoff ponzi scheme advisor robert de niro Townsend Annapolis kurt cassidy 401K
"bernie madoff" Discussed on WREK

WREK

02:02 min | 2 years ago

"bernie madoff" Discussed on WREK

"And i think there's a four step process so the first is responsiveness do i mean by responsiveness it's lychee related to time right so mistake organizations make is they think they have a long time to respond and that time is often compressed the second is ownership so if you read the description of what went wrong organizations are often point the finger at some low level employees and they'll say it was an individual act it wasn't an individual act that's why the stem in the culture or that some kind of breakdown so owning the problem and not blaming on some individual but actually saying as an organization we own this problem is the next step the third is empathy and what i mean my empathy is actually addressing the human consequences for the breach of trust so not talking about the gigabytes of data that were lost but what does this mean for human lives and then this four step is accountability and accountabilities so important because in order to trust again you have to believe that system has changed right you have to have confidence in the system so off the financial crisis i don't know about you but when only one banker went to jail i didn't really feel like the financial system are being reformed so these are the things we need to do when trust breaks down trust is quite an abstract thing and imperial thing when we say we need more trust in society we're actually talking about the wrong thing we don't want more trust in people like bernie madoff right what we want is more trustworthy people what we want is more trustworthy systems and there's a real science behind what make something or someone trustworthy and it really comes down to four things the first is competence do you have the skills the knowledge the information to do what you say you're going to do the.

bernie madoff
"bernie madoff" Discussed on KTAR 92.3FM

KTAR 92.3FM

02:24 min | 2 years ago

"bernie madoff" Discussed on KTAR 92.3FM

"Offer from the always suspect pyramid scheme to potentially shady annuities sales here's a list at where you should avoid putting your money at all costs so the first is this ponzi pyramid schemes so pasi schemes have stolen more money than any other type of scam that's because early investors were paid with the assets of later investors believe they have agreed investment so what are they do they go tell all their friends and family and all their associates and this phenomenon creates a lot of new investors who provide the assets scam operators need to actually meet the withdrawal requests of the early investors see ponzi schemes can perpetuate themselves for decades as long as there's no excessive demands for distributions will think about it i mean the most notorious of this is bernie madoff we've all heard that name and the only reason his empire got brought down was two thousand eight occurred and people started getting goosey and wanting their money out and when too many people want their money out at once there wasn't enough left how about number two promissory notes promissory notes are a popular scam sold to seniors who need high interest rates and low risk to fund their standards of living so promise are note appears to be the perfect investment i mean who doesn't want a really safe investment in retirement that provides really really high interest rates i mean no retirees that oh that sounds terrible third everybody wants of course they do until the frauds exposed and people learn there were no actual investments how about one that maybe more you potentially listening have invested in or are invested in what about precious metals investing in precious metal seems to be just as zedek is trading currencies like other scams the bullion you are supposed to own may not even exist one reason is the scam operators no you're very unlikely to visit the company that supposed to be storing the bullying or you're just sold an interest in gold mine the doesn't even produce any gold most investors take.

bernie madoff zedek
"bernie madoff" Discussed on Capital Allocators

Capital Allocators

02:30 min | 2 years ago

"bernie madoff" Discussed on Capital Allocators

"Looping hello i'm ted site he's and this is capital allocators this show is an open exploration of the people and process behind capital allocation through conversations with leaders in the money game we learn how these holders of the keys to the kingdom allocate their time and their capital you can keep up today by visiting capitol allocators podcasts dot com my guest on today's show is michael symbolist the chairman of market an investment strategy for j p morgan asset and wealth management a global industry leader with two trillion dollars of client assets under management michaels also a member of the investment committee for j p morgan asset and wealth management and the investment committee for the j p morgan retirement plan that covers the firm's two hundred fifty thousand employees before taking on his currency in two thousand twelve he spent eight years as chief investment officer of jp morgan powerhouse global private bank parties work on the buy side michael worked on the sell side j p morgan securities as head strategist for emerging markets fixed income he started thirty year tenure at the firm as a member of the corporate finance division are wide ranging conversation begins with michael's early career that included watching a financial crisis unfold in the late eighties and sidestepping another in the late ninety s and then turns to his role as cio of a large global private bank we discussed differences and asset allocation and implementation between private clients and institutions and along the way come across his evaluation of bernie madoff the creation of his strategy piece i on the market the chart that everyone hates the impact of politics government debt and energy on the markets and views about active management lastly you won't want to miss an amazing story michael tells in answer to a new closing question before we get to the conversation i've received several welcome emails over the last few months with suggestions about how to further develop capital allocators for example i recently got asked if i'd considered a listing questions for guests in advance i also get asked a lot about providing transcripts for the show i have my own thoughts about both but until now i haven't had a place to share those thoughts and get your feedback so i.

michael symbolist chairman chief investment officer cio ted j p jp morgan bernie madoff two trillion dollars eight years thirty year
"bernie madoff" Discussed on Unchained

Unchained

01:34 min | 2 years ago

"bernie madoff" Discussed on Unchained

"It is not the same as the trust was with a traditional bank like you know you may put your money with a or particular hedge fund advisor may be put your money with bernie madoff and trusted that he had the assets what he didn't we can make it thanks to blockchain technology we can make it far more transparent so that customers still get benefits of knowing that their acids are there being able to monitor them while also getting benefits of the security that comes with hiring professionals to take care of the keys how does that work in just so let's say that i'm a hedge fund and i want to use will eventually be your new custody solution if if this goes through like so i know i've talked to some of the crypto hedge funds in the space in i know for instance they are you know buying hardware while it's a leisure tresor whatever and putting coins on there and then they have this elaborate method for ensuring that nobody ten percent that i don't know if people have heard ari paul talk about this but he says that they they wrap there's in bubble wrap and then they create a pattern on the bubble wrap in glitter nail polish and the reason that they do that is because then they i suppose photographs the pattern that it creates and then when they go to open it they can see whether or not the the glitter no paul.

advisor bernie madoff ari paul ten percent
"bernie madoff" Discussed on KBNP AM 1410

KBNP AM 1410

02:12 min | 2 years ago

"bernie madoff" Discussed on KBNP AM 1410

"Five two six six three seven are you mentioned the date a little while ago with regard to what was bernie madoff pleading guilty or not guilty whatever it was years ago yes nine years ago yesterday and then we missed the we didn't talk about it on friday maybe because we years ago friday was the bottom of the bear market that's right eight to two thousand nine and so with the dow got down into what sixty five sixty four hundred yeah what was the snp the s and p was it was way down anyway it's come back quite a bit since then so according to this from bt and research the bull market for the s and p five hundred which reached nine years in length as of the close of last friday show have you guess how much it's gained the snp is gained over this nine year period two hundred seventy six percent almost four hundred percent three hundred ninety eight percents missed it by a lot more than that but almost double four three hundred ninety eight point zero percent as of last friday the best two years out of these nine years we're the first year and so i guess from march ninth to two thousand nine to march ninth of two thousand ten if i'm reading this correctly it was up seventy two point three percent made quite a bit of a recovery at that point it did and then the fifth year which would have been two thousand thirteen it was up twenty three point seven percent if you wanna look at what the two worst years of these nine of this nine year bull run two thousand eleven two thousand fifteen well it says the seventh year which would have been two thousand fifteen it was down two point two percent which i guess is the the index in just just the index yeah not including dividends put it josh tikkun the positive yeah if you had a actual right ex fun type so that was a in the it was the third year which was only up six point one percents that was what two thousand eleven six point two thousand eleven was the credit crisis well that's what happened the socalled credit the crisis in august or so to reading crisis crisis was earlier but credit rating crisis right.

bernie madoff bt snp nine years nine year two hundred seventy six percen four hundred percent seven percent three percent zero percent two percent two years
"bernie madoff" Discussed on Part of the Problem

Part of the Problem

02:02 min | 2 years ago

"bernie madoff" Discussed on Part of the Problem

"And it just seems like it's like well okay where these old jobs are disappearing and where it whereas this new where's the new industry it doesn't seem to be coming as fast and everybody kinda gets it and of course you know they both have kind of ridiculous solutions for the problems i think from what i understand bernie sanders is like well we can just tax billionaires even though it i mean just mathematically it doesn't make any sense but bernie sanders is like tax billionaires and donald trump solution is like well i'll just be a better negotiator and go negotiate our way out of this but this is just such a clear obvious answered there are trillions and trillions of dollars just being wasted just just being absolutely wasted that are you know as we all know are they they get this money from robbing it from people not to mention if you look at unfunded liabilities i've heard i've heard numbers i've heard numbers as low as fifty to sixty trillion and numbers as high as one hundred twenty two hundred forty trillion for so security medicaid all those things i mean it's it the greatest piney these people up in washington or leave beliving in these unbelievable georgetown brown stones and mansions and everything and bernie madoff s you know bernie madoff went to jail for doing exactly what they're doing there is a great quote and bernie madoff saw a first interview that he gave in prison and they asked him a something about they said well you know you ran the biggest ponzi scheme of all time and he said no i don't i run the secondbiggest is that the biggest ponzi scheme as the federal government and i i mean it's absolutely true in that it really is crazy i was talking to this a breaking on his name but this democratic congressman again i was on cable news and i just get like you know i get two sentences out and then he gets a few sentences back but i mean man if you had one of these guys unlike where you could panam down on a podcast for for an hour that he would have absolutely but but they'll say this thing they'll go i will social secured see a social security a solvent.

bernie sanders washington bernie madoff ponzi scheme federal government congressman social security donald trump
"bernie madoff" Discussed on KGO 810

KGO 810

02:31 min | 3 years ago

"bernie madoff" Discussed on KGO 810

"News or fake news muslims so this is an in essence muhammad gig christians attacks break is that new hey distill letdown okay oh convoluted that i'm gonna say it's news patrick chance of japan news news a fake news is can talk for you uh jared jared okay okay jared bernie madoff whose con ripped off billions mallows more in taxes federal and state and the entire population of nashville tennessee doesn't a years at news of fake news that's fake news you're right that is what are your like i just so activities for your eyes four project right up gotta give this wanna tied up wearing on welfare by a rightleft signed let's try again i spicy tennessee has a thing called cracked tax is it's not a tax on illegal drugs but attacks on tennessee cities with failing infrastructure is at news or fake news tennessee innocent hand and are going to find another axis mitch mcconnell's hometown uh get into fired this is gives us use in come on i do think kamar is it news our framers the crackdown it's it's fake the crap tax is actually attacks on illegal drugs echoed cracked that europeans hung pillow for power accent for the win patrick all right who will speak for you all right let's go with kellyanne again i'll you trailed seem excited about our an early god about sir i just messing with your german mmhmm and you're ju mmhmm in germany you payrolls you pay religious tax of eighttonine percent on your annual income tax bill but okay so to catholics and protestants if you're an atheist you don't pay anything only catholics protestants jews pair religious taxes at news or fake news in germany devil be absorbed is congratulations yeah i did it again i think we're giving it away all week right i think we are already gave it away alone has ago my okay uk for who they are on a roll i got married like twelve years ago all right up patrick congratulations heidi you calls back.

tennessee mitch mcconnell kamar muhammad japan jared jared jared bernie madoff nashville germany income tax patrick twelve years