This is a great video featuring Matt Taibbi of Rolling Stone regarding
the LIBOR scandal. This is a big deal. It is fraud - plain and simple.
In order for a free market to work, information must be available and
accurate. When you have parties blatantly manipulating data, this needs
to be punished. Taibbi does a nice job of explaining it. If you prefer
humor to understand this scandal, I included Jon Stewart from the Daily
Show.
| The Daily Show with Jon Stewart | Mon - Thurs 11p / 10c | |||
| International Banking Actuality Part 37 - Libor Fallout | ||||
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Kirk Kinder, CFP® is the Founder of Picket Fence Financial, a fee-only financial planning and investment management company dedicated to saving folks from Wall Street. Picket Fence Financial does this through a few different ways. One, our fee-only approach ensures our advice is tailored to our clients needs and not driven by commissions. Two, we minimize costs for clients by utilizing low cost Exchange Traded Funds (ETF) and aligning our internal operations to keep our company costs down (and passing this along to our clients). Third, we offer a la carte planning, which means our clients decide how they want to work with us. Rather than forcing clients into our model of planning, we offer hourly, retainer, or asset management options (or a combination thereof). All information on this site are the opinions of Kirk Kinder, CFP® and should not be construed as investment, tax, estate or insurance advice. Please consult your own specialist for personal assistance.
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