Sense on Cents

Is there any worse feeling than knowing you have been betrayed by somebody whom you believed represented your interests? Throughout history, stories of betrayal do not fade but truly leave indelible imprints on our minds and our souls. From Biblical stories to tales spun by William Shakespeare to the traitor Benedict Arnold, betrayal evokes the strongest of emotions in the American spirit.

While all too often we hear positive spin from those in Washington and on Wall Street as to the current state of our economy and our markets, they are missing the pulse of the American public. Who has his finger on that pulse? My guest last evening Ed Morrow, the Chairman and CEO of the International Association of Registered Financial Consultants, an 8000 member non-profit association serving financial consultants and their clients.

I hold Ed in extremely high regard. He pulled no punches during our interview on No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes the IARFC’s Ed Morrow. For those who have a full hour, I strongly recommend your listening to Ed’s pearls of wisdom. Included in Ed’s pearls are his thoughts on regulatory failures, Goldman Sachs shorting America, absolute immunity for financial regulators, ethics within the financial industry, the travesties surrounding Bernie Madoff and Allen Stanford, questions of competence, corruption, and class, and so much more. (more…)