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Audio: Exclusive Interview with Nobel Prize Winner Edmund Phelps
The future of the western economy, and what are structured finance and ratings agencies?
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.This week Doug Goldstein of Goldstein on Gelt interviews Edmund S. Phelps, winner of the 2006 Nobel Prize for Economics. Edmund Phelps is McVickar Professor of Political Economy at Columbia University, Director of Columbias Center on Capitalism and Society. In his interview, he shares his predictions for the western economys future and discusses the issues that are so relevant to the economic world today.
In the second half of the show, we meet Ann Rutledge, a founding principal of R&R Consulting, and an adjunct assistant professor of asset securitization at the Hong Kong University of Science & Technology and visiting lecturer at the University of California at Irvine. Ann tells us what rating agencies do and defines the meaning of structured finance. How does structured finance affect the average investor? Find out by listening to tonights show.
Douglas Goldstein, CFP® is the owner and director of Profile Investment Services, Ltd., an international investment company. He began his career on Wall Street in 1992 at Dean Witter. After developing a successful practice in New York, Doug moved with his wife and family to Israel. Doug is the author of the book, Building Wealth in Israel: A Guide to International Investments and Financial Planning. The Goldstein on Gelt podcast airs every Monday from 7:00 p.m. - 8:00 p.m. on Israel National Radio. For more info visit http://www.goldsteinongelt.com/