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CW 398: Wall Street Stock Swindlers & Student Debt with Zac Bissonnette Author of ‘Good Advice From Bad People’

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Sinopse

Zac Bissonnette is the author of, "GOOD ADVICE FROM BAD PEOPLE: Selected Wisdom from Murderers, Stock Swindlers, and Lance Armstrong." He previously wrote, "How to Be Richer, Smarter, and Better-Looking Than Your Parents", and "Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents."   Bissonnette discusses why car loans are for suckers and why lleasing a car is a poor choice.    He then talks about the influence parents have on their kids' decisions relating to financial management and the correlation between spending and watching television.    Bissonnette finishes the discussion by analyzing some of the worst advice given in the modern day:    “When you know what you are talking about, others will follow you, because it’s safe to follow you.” —Lehman Brothers CEO Richard Fuld, 2006   “Winning is about heart…. It’s got to be in the right place.” – Lance Armstrong   “The day you take complete responsibility for yourself, the day you stop making an