{"id":19811,"date":"2022-06-14T17:00:47","date_gmt":"2022-06-14T21:00:47","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=19811"},"modified":"2022-06-14T17:00:47","modified_gmt":"2022-06-14T21:00:47","slug":"why-i-blew-the-whistle-on-wall-streets-shady-practices","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/why-i-blew-the-whistle-on-wall-streets-shady-practices\/","title":{"rendered":"Why I Blew the Whistle on Wall Street\u2019s Shady Practices"},"content":{"rendered":"

Andrew’s note:<\/strong> Andrew Miller here, managing editor of Market Minute<\/em>.<\/p>\n

Nomi Prins is an investigative journalist, best-selling author, and former Goldman Sachs executive who\u2019s been blowing the whistle on Wall Street\u2019s shady practices for nearly two decades.<\/p>\n

Now, she sees an opportunity for everyday Americans to make up to 10x their money<\/a> in less than a month… even if stocks are falling.<\/p>\n

This opportunity is guaranteed to happen every year in August. Nomi is revealing her strategy – and a free trade recommendation – during her special presentation tomorrow at 8 p.m. ET. Click right here to reserve your spot<\/a>. Time is running out!<\/p>\n

Below, read on to find out how Nomi got her start and how it’s time to level the playing field between the elites and everyday people…<\/p>\n

\n

It’s not often that your experiences lead you to conclude that nothing will ever be the same.<\/p>\n

But after a decade and a half working in the upper levels of global investment banking…<\/p>\n

…followed by two decades as an investigative journalist, best-selling author, and geopolitical financial expert…<\/p>\n

I’ve made the most important discovery of my life.<\/p>\n

We are standing at the edge of irreversible change. And as I’ll show you in this essay, there’s money to be made because of that…<\/p>\n

Floating on a Cushion of Fabricated Money<\/h2>\n

As my regular readers know, the markets are no longer attached to fundamentals. They are floating on a multitrillion-dollar cushion of central bank money.<\/p>\n

Since 2002, global central banks have conjured $41 trillion out of thin air.<\/p>\n

America’s central bank, the Federal Reserve, has been one of the main culprits. Since 2008 alone, it has created $8 trillion.<\/p>\n

The banking system and markets suck up all this cheap money and use it to buy financial assets. As a result, they have become permanently disconnected from the real economy.<\/p>\n

That is the driving force behind what I call The Great Distortion. And in that distortion, you’ll find huge opportunities to profit… if you know where to look.<\/p>\n

That’s what I aim to show you… based on the insights I gleaned in my 15 years working on Wall Street.<\/p>\n

My First Fight Against Wall Street Greed<\/h2>\n

I got my start as an analyst at the Chase Manhattan Bank. I was just 19. This was while I was still studying for my B.S. in mathematics.<\/p>\n

Math always came naturally to me. My dad was a world-famous statistician. He taught me chess at age four… and how to program code when I was nine.<\/p>\n

And you’d often find 5,000-piece puzzles strewn across our dining room table. He showed me how to put the puzzles together in my mind before I started putting the actual pieces together.<\/p>\n

I learned to see how things fit together before they did.<\/p>\n

I rose quickly through the ranks at Chase. And I went on to hold senior positions with Lehman Brothers and Bear Stearns London.<\/p>\n

Then in 2000, Goldman Sachs recruited me to be a managing director at their global headquarters in New York.<\/p>\n

I had a coveted corner office on the 29th floor. And I was raking in a seven-figure salary.<\/p>\n

But Wall Street, not a bastion of morality to start with, was changing fast… and for the worse.<\/p>\n

I saw a growing gap between what Wall Street wanted for itself and what was good for its clients. Some of its clients were major companies. But many were average Main Street folks.<\/p>\n

The point is, I was fighting losing battles against Wall Street greed.<\/p>\n

Then, something happened that altered my life’s trajectory.<\/p>\n

Blowing the Whistle on Wall Street’s Shady Practices<\/h2>\n

My office was just blocks away from the World Trade Center.<\/p>\n

On 9\/11, I was on the trading floor when a coworker mentioned a plane had just flown by my office window.<\/p>\n

As it turns out, my office was on the flight path when the first plane hit one of the Twin Towers at 8:46 a.m.<\/p>\n

United Airlines flight 175 followed not long after. It was the second plane.<\/p>\n

The days that unfolded were chaotic for us all. But here’s what stuck with me the most…<\/p>\n

Hank Paulson, then-Goldman Sachs Chairman and CEO, left a message on our internal voicemail. He said the “people of Goldman Sachs” had a duty to return to their workplaces.<\/p>\n

But I felt differently. Instead, I spent days at the 69th Regiment Armory on Lexington Avenue. There, I helped people comb through lists of artifacts to find anything that belonged to their loved ones.<\/p>\n

I realized life was too short to waste time.<\/p>\n

Over the weeks that followed, I knew I had another calling… To shed light on the shadiness of Wall Street and corporate America.<\/p>\n

Much to the disappointment of my mother, I quit my job at Goldman. I gave up potential millions of dollars in compensation to freely tell the truth.<\/p>\n

And over the years, I have done just that.<\/p>\n

When I left Wall Street, I blew the whistle on its shady practices.<\/p>\n

I appeared on TV and radio. I spoke to audiences of students and politicians. And I wrote numerous newspaper articles and books on the subject.<\/p>\n

I now travel the world as an investigative financial reporter digging into facts and events. I speak at global conferences and symposiums. And I advise top elected officials on financial and economic matters.<\/p>\n

How We’ll Level the Playing Field<\/h2>\n

You’re probably wondering why I’m telling you this today… And what it has to do with the disconnect between the markets and the real economy I mentioned earlier.<\/p>\n

See, I once helped major firms on Wall Street make millions of dollars.<\/p>\n

But now, I’m channeling all my education and professional experience into actionable ideas to fortify your<\/em> finances.<\/p>\n

My mission is to share my knowledge and insights about what drives markets, the economy, and the financial system with you.<\/p>\n

And today, that mission is more important to me than ever.<\/p>\n

That’s because we’re facing the next chapter of The Great Distortion. And tomorrow, I’m holding a special strategy session to help you prepare.<\/p>\n

At this special event, I’ll reveal a strategy I’ve been testing for the past two years<\/a>.<\/p>\n

It’s the same type of strategy that Wall Street firms paid me millions to develop. And it can help you make money even if stocks are crashing<\/em>.<\/p>\n

Past readers who followed my strategy had a chance to make up to eight times their money in less than a month… in the middle of the fastest stock market crash in history.<\/p>\n

So, if you are at all worried about the direction of the markets, I encourage you to join me tomorrow<\/a>.<\/p>\n

To thank you for attending my strategy session, I’ll even give away the name of a recommendation that I believe could double your money.<\/p>\n

So be sure to save your spot here<\/a>, and I’ll see you tomorrow at 8 p.m. ET<\/strong>.<\/p>\n

Happy investing,<\/p>\n\n\n
\"signature\"<\/td>\n<\/tr>\n<\/table>\n

Nomi Prins
Editor, Inside Wall Street with Nomi Prins<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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