EPISODE · Jul 6, 2025 · 18 MIN
The Day the Monetary System Changed Forever (And No One Noticed)
from Eurodollar University · host Jeff Snider
It was supposed to be one single out-of-control Wall Street bank. When authorities were forced to look into the matter, what they uncovered was a shocking. Not one but EVERYONE. Yet, after uncovering what was going on, the full astonishing scale, they never figured out WHY. And that was the whole thing, what the scandal said about a world that had already drastically changed. Eurodollar University's Make It Make Cents*******To sign up for our webinar on July 10, follow the link below:https://event.webinarjam.com/channel/swaps******Treasury Joint Report on the Government Securities Market (Jan 1992)https://home.treasury.gov/system/files/276/joint-report-on-the-government-securities-Market-1992.pdfLA Times Taming the Bond Buccaneers at Salomon Brothers : How Warren Buffet and friends swept up after the Salomon scandal, possible saving the firm from federal regulators furious after a decade of skuldggery [sic] on Wall Street.https://www.latimes.com/archives/la-xpm-1992-02-16-tm-4654-story.htmlSEC Chronology of Salomon Scandalhttps://www.sechistorical.org/collection/papers/1990/1991_1016_ChronologySalomonT.pdfJay Powell Treasury Markets and the TMPG (Oct 2017)https://www.federalreserve.gov/newsevents/speech/powell20171005a.htmhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
What this episode covers
It was supposed to be one single out-of-control Wall Street bank. When authorities were forced to look into the matter, what they uncovered was a shocking. Not one but EVERYONE. Yet, after uncovering what was going on, the full astonishing scale, they never figured out WHY. And that was the whole thing, what the scandal said about a world that had already drastically changed. Eurodollar University's Make It Make Cents*******To sign up for our webinar on July 10, follow the link below:https://event.webinarjam.com/channel/swaps******Treasury Joint Report on the Government Securities Market (Jan 1992)https://home.treasury.gov/system/files/276/joint-report-on-the-government-securities-Market-1992.pdfLA Times Taming the Bond Buccaneers at Salomon Brothers : How Warren Buffet and friends swept up after the Salomon scandal, possible saving the firm from federal regulators furious after a decade of skuldggery [sic] on Wall Street.https://www.latimes.com/archives/la-xpm-1992-02-16-tm-4654-story.htmlSEC Chronology of Salomon Scandalhttps://www.sechistorical.org/collection/papers/1990/1991_1016_ChronologySalomonT.pdfJay Powell Treasury Markets and the TMPG (Oct 2017)https://www.federalreserve.gov/newsevents/speech/powell20171005a.htmhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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The Day the Monetary System Changed Forever (And No One Noticed)
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