Start the conversation
By Don Miller
Are you wondering how the financial landscape will change after incoming U.S. President Barack Obama takes office later today (Tuesday)?
Do you want to know how to ferret out the most-promising profit plays in this new reality?
Are you curious how the Obama administration may be forced to, in effect, "go to war" with Wall Street as the new president and his top advisors struggle to rebuild the U.S. financial sector's once-protective regulatory structure that decades of free-market disciples transformed into so much useless junk – a sad development that led directly to the evisceration of more than $6 trillion in shareholder wealth?
If you answered "yes" to any or all three of those questions, then the Money Morning post-Inauguration "Web summit" set for Thursday evening is an event that shouldn't be missed.
Best of all – it's free of charge to investors who register in advance. And it's still not too late to sign up.
The ideal person to ask about those changes is Money Morning Contributing Editor Shah Gilani, a retired hedge-fund manager and noted expert on the global financial crisis, who will be hosting the 7 p.m. EST online event, which is entitled "The Regime Change in Washington Triggers War on Wall Street."
"Wall Street doubletalk got us into this crisis; I hear more excuses than straight talk. Most of the dialogue is noise," said Gilani, the editor of the "Trigger Event Strategist" and a commentator who is known for his deep connections inside the investment-banking world of Wall Street. "The truth may be difficult to swallow, but without hearing it, there's not much hope for finding the right way out of the maze."
According to Gilani, investors who tune in can expect to hear candid insights not available on your favorite cable-TV finance show or in the business section of your local newspaper.
Gilani will show investors how to interpret recent moves by lawmakers and their cronies to unlock the credit markets, and what's really behind the recent machinations taking place in the power alleys of Wall Street and in the halls of government down on Capitol Hill. With this insight, investors will be able to proactively strengthen their investing portfolios in the face of an escalating credit crisis and deteriorating financial markets – whose ripple effects are only now manifesting themselves in Europe, India and other markets abroad.
"The webinar will echo Obama's message of 'Change' – what has changed, what will change and what the changes will mean for investors," said Gilani, adding that "we will also examine how investors can tell whether changes will be good for them or not, and how to profit from change, whether the market goes up or down."
Other hot-button topics to be covered will include:
- What banks are really doing with their bailout money …
- The "back-room" dealings made by lobbyists and legislators …
- Why investor interest in private equity will never be the same …
- Why new regulation will change everything.
Time allowing, he may give investors a heads up on game changing events likely to occur from economic trends triggered by "Obamanomics," the Barack Obama Administration's nebulous stimulus package, and whether that stimulus will be enough to jumpstart the U.S. economic engine.
Gilani's distinguished investing career began immediately after college graduation, when he leveraged $10 million into $100 million while trading from his own seat on the Chicago Board Options Exchange. He followed up with an enormously successful stint on the trading desk at Lloyd's Bank (LYG), where he designed hedging strategies for the bank's capital investments.
His experience includes trading billions of dollars in the bond and credit markets for old line Boston and New York investment banks and trading houses. He subsequently started his own hedge fund and retired at the young age of 52.
His investment analysis now provides the basis for the "Trigger Event Strategist," an investment service focusing on how to profit from the "aftershocks" of the current financial crisis. The service is affiliated with the Money Morning global investing news service, as well as with the monthly investment newsletter, The Money Map Report.
Investors should sign up early; those who do will be able to also submit questions in advance for Gilani's consideration. Click here for more information, including instructions on how to sign up for the free web summit.
Gilani this week published an open letter to President-elect Obama in which the credit-crisis expert detailed a plan for overhauling the U.S. regulatory structure that governs the U.S. financial system.
News and Related Story Links:
Money Morning Deregulation Series:
An Open Letter to President-Elect Barack Obama: How a Regulatory Makeover Can Fix the Financial Crisis.