Trend Following With Michael Covel

My guest today is Larry Doyle, a former JP Morgan banker. Larry embarked on his Wall Street career in 1983 as a mortgage-backed securities trader for The First Boston Corporation, and was involved in the growth and development of the secondary mortgage market from its near infancy. The topic is his book In Bed with Wall Street: How Bankers, Regulators and Politicians Conspire to Cripple Our Global Economy. In this episode of Trend Following Radio we discuss: Doyle's background and why he put "In Bed With Wall Street" together Madoff, and what was missed from a regulatory perspective KYC, or "knowing your customer" MF Global, Jon Corzine, and touching customer funds Dodd Frank and the supposed fixes to the 2008 financial crisis, and why Dodd Frank was more of an architectual blueprint rather than a completed piece of legislation Regulatory reforms to help fix the problems created in the 2008 financial crisis Informing the general public of the problems surrounding Wall Street today The "bribe" of equity marke