A Con So True You’ll Think It’s Fiction

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Education, Business, Money, Investing, Financial Planning, Cfp, Personal Finance, Retirement

4.4 • 2K Ratings

🗓️ 12 January 2022

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Have you been caught in a scam? It happens more than you may think! When we think of the biggest financial scandals, Bernie Madoff comes to mind but there was an even bigger scandal that happened to an entire country. In the United States, we suffered in 2008 during the financial crisis but another country saw its stock market tank even more than ours. Which one? Iceland. Jared Bibler worked for one of the major Icelandic banks and quit just days before the collapse. He then worked with Icelandic regulators to uncover the reasons behind the collapse and it's a scenario that even he didn't see coming. He shares it all today and tells his view of what happened. During our headline we're talking about retirement savings. Oregon implemented an automatic savings plan for people without access to a company retirement plan. Is it working? Is it the best plan out there? Joe and OG share their differing views! Then we answer Deb's question about high yield savings accounts and Doug shares his trivia. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:34.5	gift list, that's Dell.com-slash-gift-guide.
1:04.7	I'm Joe's mom's neighbor, Doug, and today's our huge national work harder day celebration.
1:13.0	I told Joe's mom it was her turn to work harder taken out the trash. I told OG he needs to do a
1:18.5	better job at cleaning out my L Camino, and I worked harder than ever this year on planning our
1:24.2	celebration. The highlight of it all to protect all that hard work you do today will share a
1:30.1	cautionary tale about some huge con artists. Banks! Here to share the juicy details about a con,
1:36.9	bigger than Bernie made off, we welcome the author of Iceland's secret, Jared Bibler.
1:42.9	After headlines, we'll also throw out the Haven Lifeline to Deb with a question about high yield
1:48.4	fake outs. What do you do when your bank baits you with a high rate and then lowers it?
1:53.7	Then we'll have a trivia question, you'll have to work harder to get right.
1:58.7	And now, two guys who work hard for the money, so hard for it honey, it's Joe and oh,
2:11.2	I love it when she writes you stuff that's difficult for you to do. Just see the city you're watching
2:16.2	you do that. It's fantastic. Yeah, everybody, welcome to 70's Music for the Wind podcast. I'm Joe
2:24.5	So I'll see high average Joe money on Twitter and we got the band together today. Mr. OG across
2:31.2	from me, ready to celebrate another Wednesday. It's happening. How are you, dude? Happy Wednesday.
	...

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