Chapter
Personal Finance and Wall Street Corruption
38:40 - 45:24 (06:44)
Studies have shown that people far from finance, such as teachers, tend to do better in managing their personal accounts. This podcast discusses the complexity of transactions on Wall Street and the need for transparency to combat corruption.
Clips
People who are far from finance, like teachers, tend to do better with their personal accounts, checking them infrequently.
38:40 - 41:57 (03:17)
Summary
People who are far from finance, like teachers, tend to do better with their personal accounts, checking them infrequently. Meanwhile, the complexity of transactions on Wall Street means that those making the most money aren't necessarily making informed guesses, but are instead making money from the complexity of the situation.
ChapterPersonal Finance and Wall Street Corruption
EpisodeReporter Called Jon Out, So We Called Him Up
PodcastThe Problem With Jon Stewart
This podcast episode discusses the ways in which Wall Street profits off of young investors treating the stock market like a casino, as well as the corrupt practices that are being exposed and the potential consequences for those involved.
41:57 - 45:24 (03:27)
Summary
This podcast episode discusses the ways in which Wall Street profits off of young investors treating the stock market like a casino, as well as the corrupt practices that are being exposed and the potential consequences for those involved.