Band of Traders - Together We Trade Jared Bibler, Iceland's Secret pt. 2
Jared Bibler, author of Iceland's Secret returns to the shop this week to continue our discussion on the events before and after the collapse of Iceland's big 3 banks. This time we talk about some more of the details surrounding the shady practices used by the banks to prop up their shares, how they then tried to hide those shares and the banks' attempts to manipulate the credit default swap spreads. Jared also gives us an update on some of the events that occurred after the book was published and Kyle wraps things up by criticizing a review of Jared's book on Amazon.
About Jared Bibler
Jared Bibler is a graduate of MIT, where he studied engineering. He is also a CFA charter holder with nearly 20 years of broad experience in the global financial markets. Jared started his career in Boston and New York, where he worked as a consultant to a Wall Street giant.
Following that, he moved to Iceland where he supported the Icelandic pension funds’ foreign investments. Unhappy with this environment, he resigned from his job at a leading Icelandic bank days before the 2008 Icelandic financial crisis. He was subsequently hired to head a special investigation team at the Icelandic markets regulator. Jared and his team referred more than 30 criminal cases to the Special Prosecutor of Iceland, including the largest stock market manipulation cases to be prosecuted globally.
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