Critique of Federal Reserve Podcast

I reviewed Alex & Benny's podcast. The podcast was simple, clean cut and the basic facts about the Federal Reserve were stated. Some of the information was complicated to hear because the voices seemed muffled out and groggy. I really didn't learn anything new considering I researched the same information but if I didn't know anything about the Fed I would have learned from the podcast. There were a lot of relateable pictures and they were consistent throughout the presentation. Overall I say they put a lot of effort into the Federal Reserve podcast and it was well executed.

Compound Interest and the Rule of 72

Compound interest is the interest earned on an initial (principal) deposit in an account or hedge fund. If a bank's interest rate was 20% then a person could make 20% of their first deposit and then the next year 20% from the initial deposit + the first 20% earned.
An example would be: I put 500 smackaroos in an account. After one year I have 100 dollars on top of that. I am then left with 600 dollars in the bank. The next year I would have earned 120 leaving me with $720.00.

The Rule of 72 is an equation created by Albert Einstein to determine how long it would take an initial investment to double. By dividing an interest rate by 72, you will determine how long it will take for your initial deposit to double.
If I put 600 in the bank with a 5% interest rate, with the equation (72/5), it will take me 14.4 years for it to double to 1200 dollars.

Insider Trading Scandal

The most recent scandal on Wall Street was uncovered and has been the largest scandal since the 1980's. Insider's at Morgan Stanley and Co. and UBS Securities LLC leaked valuable information to attorney's Randi and Christopher Collata. 13 people were charged with securities fraud including employees of Wall Street Banks. Mitchel Guttenberg, an executive director in the Stock Research department of UBS, tipped individuals with information on upgrades and downgrades in the stock market that was not released publicly. The scandal was very discreet; tips were given on diposable cell phones and with secret coding. The illegal insider information was traded between many people including the employees of Bear Sterns and was linked into over 15 million dollars.
Although what they did was wrong, it was smart. The tips they got was not friendly business advice. Guttenberg helped these people gain millions of dollars by telling them when to invest, how much to, and when to pull out. The stock market can help gain or lot or can make investors lose a lot so them knowing exact information helped these people gain more money than any other investor.
But if it were me, I would have stopped after the first million, covered my tracks and run to the Bahamas.