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We're In A "Golden Age" Of Corporate Misconduct & Fraud | Forensic Expert Edwin Dorsey
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A system is only as good as the people running it.
Too often these days, we're finding out that folks in charge are not nearly as competent -- or as ethical -- as we've been told to believe. Take the scandal at FTX as just one recent example.
Who watches the watchmen? Is an important question that's been raised since Roman times.
Who will monitor those in power, and help us hold them to account?
Well, one new voice doing just that is today's guest expert, Edwin Dorsey, who tracks corporate misconduct -- and outright fraud --- over at his Substack The Bear Cave.
And sadly, the number of bad actors these days is so large that he's a very busy man.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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#fraud #investing #ftx
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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