Remember the savings and loan collapse of the 1980′s? Who could forget the mortgage crisis of the 2000′s? Every time I turn my head it seems like there is some sort of insider trading shenanigans going on. All of these debacles share one thing in common: The desire for fast wealth.
Day traders, mortgage speculators, and junk bonders can, in fact, make an amazing amount of money in a short time. Sometimes what they do is actually completely legal. [Read more...]