Podcast appearances and mentions of John Rusnak

微信公众号：「365读书」（dus365)，有不定期赠书福利；微博：365读书v。主播：潮羽，365天每天更新一期。 文字版已在微信公众号【365读书】发布 。QQ：647519872 背景音乐：1.Giovanni Marradi - All I Know Is You；2.宇文硕,John Rusnak,Cameron Stone - 温柔的记忆 - Slipaway；3.Yo-Yo Ma - Variations on a Theme from Gioacchino Rossini's Moses／Variationen ？Ber；4.安北 - 胡小鸥 - 悲情；5.孟可 - 情感2；6.安北 - 胡小鸥 - 回忆；7.YUI - Good-bye Days ~明日へ。

微信公众号：「365读书」（dus365)，有不定期赠书福利；微博：365读书v。主播：潮羽，365天每天更新一期。 文字版已在微信公众号【365读书】发布 。QQ：647519872 背景音乐：1.天門 - PIANO；2.妹尾武 - Smile Again；3.宇文硕,John Rusnak,Cameron Stone - 温柔的记忆 - Slipaway；4.大酒窝 - 与爱的叙旧（Cover 云泣 ／ 太子）。

微信公众号：「365读书」（dus365)，有不定期赠书福利；微博：365读书v。主播：潮羽，365天每天更新一期。 文字版已在微信公众号【365读书】发布 。QQ：647519872 背景音乐：1.天門 - It through all eternity；2.孟可 - 主题；3.宇文硕,John Rusnak,Cameron Stone - 温柔的记忆 - Slipaway；4.孤箫 - 半山听雨-洞箫。

微信公众号：「365读书」（dus365)，有不定期赠书福利；微博：365读书v。主播：潮羽&云公子，365天每天更新一期。 文字版已在微信公众号【365读书】发布 。QQ：647519872 背景音乐：1.小山絵里奈 - ポルノグラファー〜インディゴの気分〜 Main theme・Piano ver；2.川本比佐志 - いつも何度でも；3.小瀬村晶 - Stillness Of The Holy Place；4.宇文硕,John Rusnak,Cameron Stone - 温柔的记忆 - Slipaway。

The story of a man who's fraud cost his firm over US$700m

做一档有灵魂的读书节目。每天更新一期。 主播：潮羽&云公子，365天每天更新一期。微信公众号：「365读书」（dus365)，有不定期赠书福利；微博：365读书v。 文字版已在微信公众号【365读书】发布 。QQ：587586744 背景音乐：1. 杨松葛,杨江 - 凄美故事；2. 周佼佼 - 青春的课堂；3. 宇文硕,布达佩斯电影交响乐团 - 三个朋友 - 无问西东；4. 范宗沛,苏子茵 - 西南联大校歌——钢琴；5. 范宗沛,苏子茵 - 西南联大校歌——弦乐；6. 范宗沛,郑雅云 - 西南联大 (主题悠扬版)；7. 宇文硕,刘韬 - 所谓大学者 - 无问西东(片尾音乐)；8. 宇文硕,John Rusnak,Cameron Stone - 温柔的记忆 – Slipaway。

做一档有灵魂的读书节目。每天更新一期。 主播：潮羽&云公子，365天每天更新一期。微信公众号：「365读书」（dus365)，有不定期赠书福利；微博：365读书v。 文字版已在微信公众号【365读书】发布 。QQ：587586744 背景音乐：1. 杨松葛,杨江 - 凄美故事；2. 周佼佼 - 青春的课堂；3. 宇文硕,布达佩斯电影交响乐团 - 三个朋友 - 无问西东；4. 范宗沛,苏子茵 - 西南联大校歌——钢琴；5. 范宗沛,苏子茵 - 西南联大校歌——弦乐；6. 范宗沛,郑雅云 - 西南联大 (主题悠扬版)；7. 宇文硕,刘韬 - 所谓大学者 - 无问西东(片尾音乐)；8. 宇文硕,John Rusnak,Cameron Stone - 温柔的记忆 – Slipaway。

做一档有灵魂的读书节目。每天更新一期。 主播：潮羽&云公子，365天每天更新一期。微信公众号：「365读书」（dus365)，有不定期赠书福利；微博：365读书v。 文字版已在微信公众号【365读书】发布 。QQ：587586744 背景音乐：1. 杨松葛,杨江 - 凄美故事；2. 周佼佼 - 青春的课堂；3. 宇文硕,布达佩斯电影交响乐团 - 三个朋友 - 无问西东；4. 范宗沛,苏子茵 - 西南联大校歌——钢琴；5. 范宗沛,苏子茵 - 西南联大校歌——弦乐；6. 范宗沛,郑雅云 - 西南联大 (主题悠扬版)；7. 宇文硕,刘韬 - 所谓大学者 - 无问西东(片尾音乐)；8. 宇文硕,John Rusnak,Cameron Stone - 温柔的记忆 – Slipaway。

做一档有灵魂的读书节目。每天更新一期。 主播：潮羽&云公子，365天每天更新一期。微信公众号：「365读书」（dus365)，有不定期赠书福利；微博：365读书v。 文字版已在微信公众号【365读书】发布 。QQ：587586744 背景音乐：1. 杨松葛,杨江 - 凄美故事；2. 周佼佼 - 青春的课堂；3. 宇文硕,布达佩斯电影交响乐团 - 三个朋友 - 无问西东；4. 范宗沛,苏子茵 - 西南联大校歌——钢琴；5. 范宗沛,苏子茵 - 西南联大校歌——弦乐；6. 范宗沛,郑雅云 - 西南联大 (主题悠扬版)；7. 宇文硕,刘韬 - 所谓大学者 - 无问西东(片尾音乐)；8. 宇文硕,John Rusnak,Cameron Stone - 温柔的记忆 – Slipaway。

John Rusnak is the Executive Director of UnCuffed Ministries. UnCuffed Ministries forms relationships with incarcerated boys and girls to show them an alternate path that changes their narrative leading to…

"My joke is I'm trying to get invited to the wedding." Welcome to season 2! This season we're talking about discipleship and what that looks like in Baltimore, and to start it off we're talking about discipling young incarcerated men. John Rusnak is the Executive Director of UnCuffed Ministries, which takes the gospel into multiple correctional facilities in Baltimore and the surrounding area. He talks about building relationships, what it is to disciple those on the inside, and how he himself found Jesus when he was in prison. UnCuffed Ministries Follow us on Instagram!

Welcome to COFFEE with Kim with Host Kim Crabill and Special Guest John Rusnak, Executive Director, Uncuffed Ministries Topic:  “An Advocate for Second Chances" In this episode we welcome John Rusnak to the COFFEE with Kim conversation. A former Wall Street trader, John spent 5 1/2 years in Federal prison for a financial market crime. He saw God at work there in ways he could not have imagined and, upon his release, he resolved to mentor young men who are incarcerated. You will have a new perspective on second chances when you hear John describe what is happening through the efforts of unCUFFED ministries. Get ready for a big dose of hope and a fresh sense of God's power. The opinions expressed during this broadcast are for inspiration, information and motivational purposes.  Enjoying the Conversation?  Subscribe to the Show!  Visit the COFFEE with Kim Show Page at www.up2meradio.com to learn more about the network, the show, Host Kim Crabill and guests. This show is a production of Up2Me Radio in coordination with the Media Team of the Roses and Rainbows Ministry.  Visit the ministry at www.rosesandrainbows.org You can find, like and share us on Facebook at Up2Me Radio, follow us on Twitter @Up2Meradio and on Instagram at Up2Me.Radio

As part of the 'Taking Stock Financial History Series' we take a look back on some of the biggest financial stories from years gone by. In this episode, Vincent is joined by Vincent Boland to talk about the story of rogue currency trader John Rusnak. Taking Stock is brought to you in association with PwC Ireland.

In 2003, John Rusnak became briefly famous for pulling one of the biggest cases of bank fraud in US history. We talk to John about how he got himself into so much trouble, why he turned himself in, and whether it was worth the prison time. See acast.com/privacy for privacy and opt-out information.

1:54: Book critic Paula Gallagher reviews what has all the makings of the next great American novel, Colson Whitehead’s "The Underground Railroad."9:11: Sean Gallagher, IT editor of ars technica and our favorite tech-splainer, talks about the suspected Russian hack of Democratic National Committee email and its larger, geopolitical significance.28:33: We meet John Rusnak, a former currency trader convicted 14 years ago in one of the largest U.S. bank frauds in history. As an ex-offender, Rusnak now devotes a good part of his life to a jailhouse ministry, visiting young men and boys -- juveniles all -- who face trial for violent offenses. Rusk is executive director of UnCuffed, a faith-based organization devoted to young offenders who face an uncertain future.47:28: And we top off the show with a chat with John Shields, cookbook author, chef and owner of Gertrude’s in the Baltimore Museum of Art. Today’s topic is Corn: Beyond Boiled and Buttered. We’ll compare notes on recipes for corn off the cob.Links:http://calendar.prattlibrary.org/event/writers_live_colson_whitehead_the_underground_railroad#.V64B71srK71http://arstechnica.com/security/2016/08/dnc-staffers-fbi-didnt-tell-us-for-months-about-possible-russian-hack/http://www.baltimoresun.com/business/bs-bz-john-rusnak-dry-cleaner-redemption-20140412-story.htmlhttp://www.uncuffedministries.org/team/http://www.johnshields.com/http://www.gertrudesbaltimore.com/http://www.baltimoresun.com/news/maryland/dan-rodricks-blog/bal-corn-off-the-cob-some-recipes-from-chesapeake-connoisseur-john-shields-20160812-story.html

Nicht schlimm, beim nächsten Mal wird’s besser Beschluss nach Aktenlage: John, Steve und Autos Ferner unter: John Rusnak - johnrusnak.com Chopin Chromatic Etude - Wikipedia - Die freie Enzyklopädie Etude - Wikipedia - Die freie Enzyklopädie Distribution - Wikipedia - Die freie Enzyklopädie Island Records - Wikipedia - Die freie Enzyklopädie Teilnehmer: Herb FrankfurterEde C. SchaarsbergEde G. SchaarsbergErich Maria von Hohenstoltz SoundcloudYouTubeWeb

Nicht schlimm, beim nächsten Mal wird’s besser Beschluss nach Aktenlage: John, Steve und Autos Ferner unter: John Rusnak - johnrusnak.com Chopin Chromatic Etude - Wikipedia - Die freie Enzyklopädie Etude - Wikipedia - Die freie Enzyklopädie Distribution - Wikipedia - Die freie Enzyklopädie Island Records - Wikipedia - Die freie Enzyklopädie Teilnehmer: Herb FrankfurterEde C. SchaarsbergEde G. SchaarsbergErich Maria von Hohenstoltz SoundcloudYouTubeWeb

John Rusnak was a currency trader in Baltimore when he was convicted of one of the largest bank frauds in American history. When he was finally discovered, the bank had lost close to $700 million dollars. We look at John Rusnak's case through an historical lens. It turns out fraud has been a key feature of American business from the beginning. Episode features Edward Balleisen. His new book is Fraud: An American History from Barnum to Madoff.

Today marks the kick-off edition of Mind Over Money, the only podcast that exposes the psychology of investing. I’m Kevin Cook, your field-guide and story-teller for the fascinating arena known as behavioral economics, which includes the sub-field behavioral finance and also draws in the related research from neuroscience, where brain imaging “sheds light,” if you’ll pardon the pun, on how we make decisions about money, uncertainty, and risk.   Jason Zweig described these merging fields in his 2007 book Your Money & Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich.   Zweig, as you may know, wrote for Money magazine for years and was the editor of the revised edition of Benjamin Graham’s The Intelligent Investor. He now writes for the WSJ. So he wasn’t just a journalist describing an investing fad. He’s schooled in classical investing methods and knew he was on to something of enduring importance when he either coined, or at least put on the map, the term “neuroeconomics.”   He opens his book, which I consider must-reading for all students of the market, this way…   “How could I have been such an idiot?” If you’ve never yelled that sentence at yourself in a fury, you’re not an investor. There may be nothing across the entire spectrum of human endeavor that makes so many smart people feel so stupid as investing does.   But actually, I didn’t discover Jason’s book until about 5 years ago. And I had been working on the same ideas as him prior to the financial crisis. In fact, I published part of my thesis that “Your Brain Wasn’t Made to Trade” in 2008 in an industry magazine called SFO, which stood for Stocks, Futures, and Options.   My objective with Mind Over Money is to inspire you to be nearly as interested in behavioral economics, behavioral finance, and neuroscience as Mr. Zweig and I both are. And of course, we both give you plenty of other experts and resources to aid in that endeavor. That’s because so many great and dedicated researchers came before us and created the invaluable insights of these fields.   My unique contribution is that before I discovered behavioral finance or became passionately interested in brain science, I was studying great traders and terrible traders, through their successes and their failures, on the trading floors of Chicago since the mid-1990s.   This Is Your Brain on Risk   There are a lot of forces and players on Wall Street that can separate you from your money. But our greatest financial enemy is often ourselves.   Three great areas of study give us insight about this self-sabotage: behavioral finance, neuroscience, and the collective wisdom of great investors and traders who discovered through hard-won experience what those two sciences now teach us.   When we study these areas, we can become more aware and better equipped to spot how our own minds and habits either get in the way or help us make better decisions when it comes to money, uncertainty, and risk.   One group of researchers studies people from the outside-in, the behavioral finance group, who owe much to the ground-breaking work of Daniel Kahneman and Amos Tversky in the 1970s.   The other group, the neuroscientists, studies our behavior from the inside-out, as they pinpoint what brain structures and functions are involved in different types of decisions and responses.   What happens when our minds meet markets has been a passionate area of interest for me for over 20 years, ever since I first walked on the trading floors of Chicago and watched the good, the bad, and the ugly among professional speculators.   So how did I come to the conclusion that “your brain wasn’t made to trade?” It’s a bold statement. But once I show you the evidence behind it, I bet you will agree.   The Era of Rogues and Geniuses   In 1995, when my trading career was first getting started, the oldest bank in the world collapsed because of the rogue actions of one employee. Founded in 1762, Barings Bank was wiped out by trader Nick Leeson who was taking on exceptionally large trades – and losses – in Japan’s Nikkei futures market.   And he was able to hide them for a time until the risk managers finally woke up and started to notice that accounts were not balancing.   At the time, it seemed people everywhere – from journalists and regulators to traders, bankers, and the man or woman on the street – were all shocked that something like this could happen.   I started tracking stories like this, especially as they seemed to be occurring more often. In 1998, we saw the biggest hedge fund failure ever – up to that time. It is dwarfed by comparison since then.   Long-Term Capital Management had to be bailed out by 16 Wall Street investment banks, in a campaign orchestrated by the Greenspan-led Federal Reserve, because their losses in interest rate sensitive markets around the globe were viewed as threatening to financial markets.   The bailout at over $3.5 billion is considered paltry by today’s “too big to fail” standards. But the truly notable dynamic was that the fund was run by some of the smartest minds on Wall Street, like Myron Scholes who had just won a Nobel prize in Economics the year before.   I also kept track of the big blow-outs I witnessed in the trading pits in Chicago. New floor traders would always come and go on a regular basis. But the surprises came when a 20-year veteran would suddenly vanish because he took exceptional risk that went way wrong and wiped out a multi-million dollar account.   Rogues, Gamblers, and Wizards: What can we learn from them?   As I watched the rogues and the blowouts, I also read about the great traders. Jack Schwager’s books about the Market Wizards are really required reading for anyone who wants to become a full-time trader. They are in-depth interviews with big successes like George Soros, Paul Tudor Jones, Michael Steinhardt, and options wizards like Blair Hull.   As I read these dozens of interviews across 3 of Schwager’s books, I found six themes all these great traders and investors had in common. I’m going to list them for you because even before I had ever heard of behavioral finance or became interested in brain science, these “street-smart” winners had cornered the market on the principles of being in command of their own minds and trading behavior:   1.    Psychology: emotional decision-making was a paramount discovery 2.    Discipline: having lost big without them, rules became lifesavers 3.    Risk Management: the “golden rule” is to cut losses quickly and let winners run 4.    Probability: repeatable methods & mechanics of risk/reward evaluation 5.    Consistency: steady compounding was better than windfalls and wipeouts 6.    Systems: putting the first 5 together in routines of planning & preparation When I became a professional currency trader in 1999 upon the introduction of the euro, I noticed that even bank traders were an emotional and irrational bunch. As I studied the two sciences, I concluded that our brains were “hard-wired” to break the “golden rule” of trading.   In other words, our fear-driven, excitable, and emotional brains preferred (1) to avoid losses at all costs (so we would only take them when it was almost too late) and (2) to take gains quickly. This irrational and upside-down approach to risk/ and reward was the mathematical road to insolvency.   So I started researching how to train “trader brains” and I developed a probability simulation called Masters of PROP: Probability, Risk, and Optimal Profit. That trader training never goes out of date because its subject material, human brains, remain irrational, decade after decade.   Is It All Just About Greed?   So if the Market Wizards principles of the world’s best traders and investors worked so universally, what were the rogue traders and reckless fund managers doing – just the opposite?   Well, it’s a little more complicated than that. Because while there might be a half-dozen ways to do things right, there are many dozens, if not hundreds, of ways to make our money go away.   What always gets highlighted with rogues and “geniuses” that fail is that they were just greedy. But as I put together my thesis that “Your Brain Wasn’t Made to Trade” in the early 2000s, I came up with 3 more distinct and important drivers of financial bad behavior…   #1: Ego and the desire to be seen as “the great trader.” This was evident in so many of the rogue trader stories, like John Rusnak accumulating $700 million in losses for Allied Irish bank between 1997 and 2002.   #2: Irrational or immature beliefs about money, success, self-worth, and happiness such as “I deserve it!” or “This needs to happen now!” or “Once I win this back, I’ll make everything right again.” This kind of stuff tends toward either unconscious or full-blown narcissism with lots of emotional immaturity in between.   #3: Ignorance or lack of skill with probability   The primary reason I think we gain so much from studying rogues and other reckless gamblers is because what the rogue does to a billion dollars of other people’s money, we can do to our own accounts if we are not aware of our mental habits and cognitive biases as they impact our decision-making with money and risk.   And here, I have a confession to make.   While I could be as guilty as any investor-trader of any of these faults, the one I knew I had to immediately do something about was Probability. As a trading floor clerk in the late 1990s, I realized I had to make up for my lack of understanding and skill with probability.   And since equations were not my favorite things in high school or college, I found that the stories of how probability was invented and how it was used – in the options markets, in Vegas, in sports, and in weather modeling – pulled me in and gave me a practical way to learn the math I needed to know.   I must have read the stories of how Pascal and Fermat invented modern probability theory in the 1650s a dozen times before it started to sink in and I could make sense of all the equations that came after.   But you’re probably still wondering where I get the nerve to say Your Brain Wasn’t Made to Trade?   It’s all in this week’s podcast.   And be sure to check out my weekly video where I expose the psychology of investing with behavioral and cognitive biases. My most recent gives a great example of mental accounting.