Critique of Federal Reserve Podcast

I will be reviewing Sharon and Monica's Podcast !

• After reviewing their podcast I found it to be overall very informative and well put together. It covers every part of the lesson thoroughly and I liked how they used the teacher and student example. They were able to explain in depth every aspect of the fed like its history, its purpose, its effectiveness as well as how it all started. If that were my frist time leraning about "the fed" i would definitely be well informed with that in depth lesson and well organized podcast.
• The recording was a bit tremulous at first when Monica first introduced herself and was answering what the federal resserve system was. Also, her voice was a bit low at times but she raised it towards the end. Besides that, I was able to fully comprehend everything clearly.
• The images for their podcast were overall very good. But I think that at some points they used the same picture too many times like for example the uesd the "Q&A" picture too much, they could of used another picture when Sharon asked Monica the questions. But overall her pictures made sense with what she said and showed at the appropriate time.
• The podcast, I thought was very creative, especially with the whole Mrs. Fields thing which went with the picture of the actual Mrs. Fields cookies. I actually liked the whole teacher student idea because Sharon asked typical questions to Monica that I would also ask if I was the student. It was interesting and kept me awake instead of putting me to sleep. It was also humurous towards the end which made it that much better when Monica was going to ask Sharon how much money she made after explaining how the fed affects the nations economy.
• I did learn alot from the Podcast as I said before, they were able to explain every aspect of the fed clearly and I hardly have any questions bec ause they covered everything in depth.
  

Compound Interest and the rule of 72

The dictionary definition of Compound interest is interest paid on both the principal and on accrued interest. Compound interest in general is the amount of interest that is earned by the amount of money that you gain. But you actually never get to touch that money. The more time invested, the more money in interest you will have. As my picture demonstrates, time equals money anywhere and everywhere. In the picture of Einstein pointing to the board, it says how compound interest is the ninth wonder of the world and he makes a point because with the 72 formula which basically calculates the amount of years that it will take for your money to double which is great. Albert Einstein is considered the father of compound interest because he created it. I think that he created this for wealthy people to benefit because the more money you have to begin with, the more the interest rate will go up and ultimately will make you richer in the end making wealthy people very powerful !

INSIDER TRADING SCANDAL !

On Thursday, 13 people were charged with crimes such as securities fraud, wire fraud, bribery among others in what some people are calling the most scandalous insider trading rings in years. It started with a ABS security accused of selling exclusive information on things such as analyst upgrades and another attorney accused of giving out classified information on mergers and acquisitions. Two brokers from Assent LLC found out and blackmailed the people involved. Out of the 13 people accused, four pleaded guilty. The SEC found out that the people involved in such schemes as these use disposable cell phones, secret codes and cash kickbacks to conceal their cunning conduct which results in them making profits as large as 15 million dollars over a 5 year time period.