Scott Minerd of Guggenheim Partners Reflects on Fiscal Crisis, Causes: Full Disclosure Network

Scott Minerd of Guggenheim Partners Reflects on Fiscal Crisis, Causes: Full Disclosure Network

LOS ANGELES, Oct. 6 /PRNewswire-USNewswire/ -- The Emmy Award winning Full Disclosure Network® presents B. Scott Minerd, Chief Investment Officer of Guggenheim Partners in a one-hour on-line interview presented here in six, eight minute segments where he provides his insight on many critical fiscal issues facing the United States, also featured on 45 cable systems.

Guggenheim Partners is a diversified financial services firm with more than $100 billion in supervised assets. Previously a managing director for Morgan Stanley and later Credit Suisse, where he oversaw fixed income credit trading in the United States, Europe and Asia.

Segment #1 Insolvency, Public Debt, Sale of Public Assets (8 min)

Minerd describes government "solvency" and comments on the current threat of state and local "insolvency" and possible solutions, also Debt Instruments, Legislative Priorities.

Segment #2 Federal Intervention, Regulations, Fees & Taxes (8 min)

Minerd describes how government dealt with massive debt in the past a while elected officials appear to be disinterested in solutions. Also compares Socialism, Free Market Capitalism, Massive Inflation, Fed Policies, Individual Responsibility, Creation of Crisis

Segment #3 Government Subsidies, Accountability, TARP (8 min)

Minerd states that government is incapable of accountability on TARP and "bail-out" programs and compares how the Free Market and government allocate capital. He maintains that fraudulent behavior should be punished to the extent of the law. Other issues covered: Housing Market Collapse, Victim Mentality, Fraudulent Behavior, Free Market Solutions, Government Subsidies, Unethical Activity

Segment #4 Personal Responsibility & Political Correctness (8 min)

Vote-hungry politicians rush to exploit irresponsible homebuyers with promises of government charity that created exorbitant home prices and homeowners without ability to pay the generous irresponsible lenders. This is a short summary of Minerd's assessment of the current predicament and collapse of the housing market.

Segment #5 Responsibility, Government vs Private Sectors, False Promises (8 min)

Minerd points to failure of management in the American automobile industry and comments on public sector problems. He predicts a massive crisis when lifetime health care benefits start to kick in for public employees threatening the solvency of municipalities and school districts. He describes "simple" solutions to momentous problems.

Segment #6 Solutions: Greed vs. Power, The Decline of America (8 min)

Minerd summarizes the long-term crisis facing U.S. cities and schools, where costs will outstrip ability to pay. He points to the role of Federal Government then predicts the future if current policies continue.

Leslie Dutton of Full Disclosure Network, +1-310-306-0301

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Source: Full Disclosure Network

CONTACT: Leslie Dutton of Full Disclosure Network, +1-310-306-0301

Web Site: http://www.fulldisclosure.net/

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