The Weekly Money Clip

By: Evergreen Podcasts | CrossCheck Media
  • Summary

  • This 30-minute show aims to provide a comprehensive and diverse exploration of money-related topics, combining expert insights with individual experiences.
    All Rights Reserved 2024
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Episodes
  • The Rogue Trader: Nick Leeson and the Collapse of Barings Bank
    Feb 20 2025
    In this episode of "This Week in Wall Street History," host Todd M. Schoenberger delves into the dramatic downfall of Barings Bank, Britain's oldest merchant bank, brought about by the actions of a single trader, Nick Leeson. In the early 1990s, Leeson was a rising star at Barings, generating significant profits through speculative trades. However, his unauthorized and increasingly risky positions, concealed within error accounts, led to escalating losses. The situation reached a tipping point in 1995 when Leeson's massive bets on the Japanese stock market, following the Kobe earthquake, resulted in catastrophic losses exceeding £800 million. This financial debacle rendered the 233-year-old institution insolvent, leading to its acquisition by ING for a nominal £1. Leeson's subsequent flight, arrest, and imprisonment serve as a stark reminder of the perils of unchecked risk-taking and inadequate oversight in financial institutions. Join us as we explore the events that led to this monumental collapse and the lessons it imparts on modern finance. #NickLeeson #BaringsBank #RogueTrader #FinancialCollapse #UnauthorizedTrading #KobeEarthquake #RiskManagement #FinancialHistory #WallStreet #ToddMSchoenberger Learn more about your ad choices. Visit megaphone.fm/adchoices
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    4 mins
  • This Week in Wall Street History: J.P. Morgan's Acquisition of Carnegie Steel
    Feb 19 2025
    In this special segment of "This Week in Wall Street History," host Todd M. Schoenberger delves into the monumental 1901 acquisition of Carnegie Steel by financier J.P. Morgan. This landmark deal led to the creation of U.S. Steel, the world's first corporation with a market capitalization over $1 billion. The merger not only transformed the American steel industry but also marked a pivotal moment in the nation's economic history, showcasing the immense power of industrial consolidation and the influence of Wall Street financiers. #WallStreetHistory #JPMorgan #CarnegieSteel #USSteel #IndustrialRevolution #CorporateMergers #ToddSchoenberger #BuyHoldSell #CrossCheckMedia #BTT Learn more about your ad choices. Visit megaphone.fm/adchoices
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    4 mins
  • Market Outlook: Key Earnings and Economic Indicators for the Week of February 17, 2025
    Feb 18 2025
    In this episode of The Weekly Money Clip, host Todd M. Schoenberger, CEO of CrossCheck Media Inc. and co-host of Buy Hold Sell on BTT, provides a comprehensive overview of the upcoming week's economic and earnings reports. Listeners will gain insights into anticipated earnings from major corporations such as Walmart and Alibaba, as well as key economic indicators to watch. Todd also discusses the S&P 500's recent performance, noting its proximity to an all-time high, and analyzes potential market implications. Stay informed and prepared for the trading week ahead with expert analysis and actionable insights. #MarketOutlook #EarningsReports #EconomicIndicators #SP500 #WalmartEarnings #AlibabaEarnings #ToddSchoenberger #CrossCheckMedia #BuyHoldSell #Investing #Trading #FinancialNews Learn more about your ad choices. Visit megaphone.fm/adchoices
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    10 mins

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