On the heels of a great panel discussion with Larry Winget, Cenk Uygur on April 16th (The Failings of Institutional Advisers and How You Can Grab The Bull by the Horns!) and, Scott Burns on April 9th (Special Advanced Interview with Asset Builders’ Scott Burns), when we discussed the failings of Wall Street, today’s segment with author John K. Romano is not just eye opening but shocking!
From Wall Street’s unwillingness to promote small-cap companies even though they have delivered a 7.1% return year-over-year over the past decade on the S&P 600, while the large-cap S&P 500 have lost 2% a year during this same period, to a commission structure based on the transactional activity slanted in favor of the brokerage houses versus actual company performance, it is no wonder why America’s financial markets are broken.
After listening to today’s live broadcast on Block Talk Radio you tell me if the above assessment that something is seriously wrong is off the mark, and of course why you think one way or the other.
Here is the link to the On-Demand broadcast “Coffee Under The Buttonwood Tree: Wall Street 218 Years Later” which aired earlier today on the PI Window on Business Show on Blog Talk Radio.
Current Segment and Previous Segment Guests
May 17th Segment (Coffee Under The Buttonwood Tree: Wall Street 218 Years Later)
John K. Romano, was a former New York City Wall Street investment banker; he presently he sits on the board of directors at Virtual Capital Group.Com,(a Miami-based small business incubator).Mr. Romano has dedicated a large part of his career working at the public policy level helping small businesses to apply high-tech capital raising methods in the capital markets. His experience spans over 17 years in small business Corporate Finance assisting companies to raise money on and off Wall Street. He has authored several books and academic studies on the topic of small business capital formation. He has led workshops directed toward college and University professors teaching advanced entrepreneurial finance classes.
He is also the Executive Director of the International Open Finance Association (IOFA). The IOFA is a 501 (C) (3) organization dedicated to capital formation for economic development. His past speaking engagements have taken him throughout the U.S. and Canada. Mr. Romano’s workshops and educational content is playing a key role in providing new economic development policy guidelines giving direction to federal, state, and educators to formulate new public policy.
Link to John
April 16th Segment (The Failings of Institutional Advisers and How You Can Grab The Bull by the Horns!)
Larry Winget is a four-time New York Times/Wall Street Journal bestselling author. He is a member of the International Speaker Hall Of Fame. He has starred in his own television series and appeared in national television commercials. Larry is a regular contributor on many news shows on the topics of money, personal success and business.
Some of Larry’s appearances are:
- Star of A&E’s Big Spender
- Featured in two episodes of CNBC’s The Millionaire Inside
- Star of his own PBS special
- A frequent business contributor on MSNBC
- A regular on FOX News and FOX Business
- Has also appeared on The Today Show, Larry King, and The Big idea with Donny Deutsch.
- Featured in 3 National Hyundai Commercials
Link to Larry
The show currently airs in a number of places, including the 8pm slot on XM Satellite Radio’s America Left, channel 167. Aside from airing on the radio, TYT has also made several online partnerships with media groups such as AOL News, TidalTV, and YouTube. The show’s YouTube channel gets an average of 13 million hits per month.
Uygur is also a regular blogger on The Huffington Post and a former practicing attorney. He grew up in East Brunswick Township, New Jersey, where he attended East Brunswick High School. Cenk admits to being a Republican in his youth. He is a graduate of the Wharton School of the University of Pennsylvania and Columbia Law School, and a former associate at the law firms of Drinker Biddle & Reath in Washington, D.C. and Parcher, Hayes & Liebman in New York City. He first became a talk show host at a Washington, D.C. radio station on the weekends while working at Drinker, before eventually shifting to full-time radio work. He is an avid fan of the Pittsburgh Steelers.
Link to Cenk
April 9th Segment (Special Advanced Interview with Asset Builders’ Scott Burns)
Scott Burns has covered the changing world of personal finance and investments for nearly 40 years. Today, he ranks as one of the five most widely read personal finance writers in the country.
Scott began his career as a newspaper columnist at the Boston Herald in 1977 where he was also the financial editor. Nationally syndicated in 1981 and now distributed by Universal Press, the column appears in newspapers from Boston to Seattle. In 1985 he joined the staff of the Dallas Morning News where his column quickly became one of the most widely read features in the paper. He left the Dallas Morning News in 2006 to become one of the founders of AssetBuilder and its Chief Investment Strategist.
Burns is a graduate of Massachusetts Institute of Technology (1962). He has written three books, including “The Coming Generational Storm” (MIT Press, 2004) coauthored with economist Laurence J. Kotlikoff. His business experience includes working as a staffer for a major consulting company and service as a director and audit chairman of a NASDAQ listed manufacturing company. He and his wife divide their time between Dallas and Santa Fe, New Mexico.
Link to Scott