{"id":787,"date":"2008-06-29T15:00:03","date_gmt":"2008-06-29T19:00:03","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=787"},"modified":"2016-09-20T20:30:52","modified_gmt":"2016-09-21T00:30:52","slug":"tdi-podcast-63-oil-enron-loophole-greenberger-dvorak","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2008\/06\/29\/tdi-podcast-63-oil-enron-loophole-greenberger-dvorak\/","title":{"rendered":"TDI Podcast 63: OIL-OIL-Enron Loophole-OIL-OIL"},"content":{"rendered":"<p style=\"text-align: left;\">Guests: Prof. Michael Greenberger and<strong> <a title=\"Dvorak\" href=\"http:\/\/dvorak.org\/blog\" target=\"_blank\">John C. Dvorak<\/a><\/strong> discuss the Enron Loophole, the London Loophole and the skyrocketing price of oil. We also find out how closing the loophole could bring the per barrel price of oil down 25%!<\/p>\n<p style=\"text-align: center;\"><strong><span style=\"color: #888888;\"><a href=\"#podcast\" target=\"_self\"><span style=\"color: #000000;\">LISTEN TO PODCAST NOW<\/span><\/a><span style=\"color: #000000;\"> | LISTEN @ <a title=\"Zune Subscribe\" onclick=\"javascript:urchinTracker ('\/outbound\/article\/subscribe');\" href=\"zune:\/\/subscribe\/?The%20Disciplined%20Investor=http:\/\/feeds.thedisciplinedinvestor.com\/tdicasts\" target=\"_blank\">ZUNE<\/a> &#8211; @ <a title=\"iTunes Subscribe\" onclick=\"javascript:urchinTracker ('\/outbound\/article\/phobos.apple.com');\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\">iTUNES <\/a><\/span><\/span><\/strong><\/p>\n<p style=\"text-align: center;\"><a title=\"iTunes Subscribe\" onclick=\"javascript:urchinTracker ('\/outbound\/article\/phobos.apple.com');\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-disciplined-investor\/id217999782\" target=\"_blank\"><strong><\/strong><\/a><strong><a title=\"Zune Subscribe\" onclick=\"javascript:urchinTracker ('\/outbound\/article\/subscribe');\" href=\"zune:\/\/subscribe\/?The%20Disciplined%20Investor=http:\/\/feeds.thedisciplinedinvestor.com\/tdicasts\" target=\"_blank\"><\/a><\/strong><\/p>\n<p>Since July 2001, Michael Greenberger has been a professor at the <strong><a title=\"Greenberger Univ of Maryland\" href=\"http:\/\/www.umaryland.edu\/healthsecurity\/other\/greenberger.html\" target=\"_blank\">University of Maryland School of Law<\/a><\/strong>, where he teaches a course entitled &#8220;Futures, Options and Derivatives.&#8221;<img loading=\"lazy\" decoding=\"async\" class=\"alignleft alignnone size-medium wp-image-789\" style=\"margin: 5px; float: left;\" title=\"greenberger\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2008\/06\/greenberger-1.jpg\" alt=\"\" width=\"102\" height=\"113\" \/><\/p>\n<p>Professor Greenberger was a partner for more than 20 years in the Washington, D.C. law firm of Shea &amp; Gardner, where he served as lead litigation counsel before courts of law nationwide, including the United States Supreme Court.<\/p>\n<p>In 1997, Professor Greenberger left private practice to become the Director of the Division of Trading and Markets at the Commodity Futures Trading Commission (CFTC).<\/p>\n<p><strong><\/strong>Professor Greenberger has frequently been asked to testify before Congressional committees on issues pertaining to dysfunctions within United States financial markets caused by complex and unregulated financial derivatives. He has also appeared both in the media and at academic gatherings to discuss this subject, including appearances on CNN, ABC\u2018s \u201cWorld News Tonight,\u201d\u009d the CBS Evening News, NBC Evening News, CNBC, MSNBC, The Jim Lehrer News Hour, NPR&#8217;s &#8220;Fresh Air,&#8221; and C-SPAN, where he also commented on financial dislocations arising out of the Enron collapse, the subprime meltdown, and the manipulation of crude oil and natural gas prices by unregulated energy traders.<\/p>\n<p style=\"text-align: center;\">&#8212;<\/p>\n<p>Additional Reading and Info related to this discussion:<\/p>\n<p><a title=\"London Loophole\" href=\"http:\/\/www.ft.com\/cms\/s\/0\/99c02980-4127-11dd-9661-0000779fd2ac.html\" target=\"_blank\">The London Loophole<\/a><\/p>\n<p><a title=\"Enron Loophole\" href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/2008\/06\/27\/on-oil-and-manipulation\/\">The Enron Loophole<\/a><\/p>\n<p><a title=\"House Passes Oil Bill\" href=\"http:\/\/blogs.moneycentral.msn.com\/topstocks\/archive\/2008\/06\/27\/oil-futures-anti-manipulation-bill-passed-by-house.aspx\" target=\"_blank\">MSN Article &#8211; House Passes Bill to Reverse oil price increases<\/a><\/p>\n<p><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/2008\/06\/28\/greenberger-on-the-hill-enron-loophole-video\">Video: Greenberger Testifies<\/a><\/p>\n<p><a title=\"Write Senator\" href=\"http:\/\/www.usa.gov\/Contact\/Elected.shtml\" target=\"_blank\">Write You Senator, Copngressman or President with your concerns about oil<\/a><\/p>\n<p><a title=\"Write the Government\" href=\"http:\/\/www.visi.com\/juan\/congress\/\" target=\"_blank\">HUGE Listing (with emails) of your elected officials<\/a><\/p>\n<p><strong><a title=\"Write to Rep\" href=\"http:\/\/www.congressweb.com\/cweb4\/index.cfm?orgcode=abc&amp;hotissue=1000\" target=\"_blank\">* * Fill-in Form on Site and will Auto-Send to your Officials (COOL!) **<\/a><\/strong><\/p>\n<p style=\"text-align: center;\">&#8212;<\/p>\n<p><a title=\"Zach Stocks\" href=\"http:\/\/www.zachstocks.com\" target=\"_blank\"><strong>ZachZone Stocks:<\/strong><\/a><span style=\"font-family: Calibri,Verdana,Helvetica,Arial;\"><span style=\"font-size: 11pt;\"> Central European Distribution (CEDC), Energy Recovery, Inc. (ERII), Galiot Capital Corp. (GTC)<\/span><\/span><\/p>\n<p>Stocks to look at from this episode: ProShares UltraShort Oil &amp; Gas (DUG), ProShares Ultra Oil &amp; Gas (DIG)<\/p>\n<p style=\"text-align: center;\">&#8212;<\/p>\n<h3 style=\"text-align: center;\"><a title=\"TDI Managed Growth Strategy\" href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/mailbox\/tdi-investment-fund\/\" target=\"_self\">CLICK HERE<\/a> for a Virtual Tour of The Disciplined Investor Managed Growth Strategy<\/h3>\n<p style=\"text-align: center;\">&#8212;<\/p>\n<p><a id=\"podcast\" name=\"podcast\"><\/a><\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_5371\"><a href=\"http:\/\/www.podtrac.com\/pts\/redirect.mp3\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode63.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('5371','http:\/\/www.podtrac.com\/pts\/redirect.mp3\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode63.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/www.podtrac.com\/pts\/redirect.mp3\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode63.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=787-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/www.podtrac.com\/pts\/redirect.mp3\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode63.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode63.mp3\">Download<\/a> (32.9MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Guests: Prof. Michael Greenberger and John C. Dvorak discuss the Enron Loophole, the London Loophole and the skyrocketing price of oil. We also find out how closing the loophole could bring the per barrel price of oil down 25%!<\/p>\n<div class=\"powerpress_player\" id=\"powerpress_player_5372\"><a href=\"http:\/\/www.podtrac.com\/pts\/redirect.mp3\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode63.mp3\" title=\"Play\" onclick=\"return powerpress_embed_html5a('5372','http:\/\/www.podtrac.com\/pts\/redirect.mp3\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode63.mp3');\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/powerpress\/TDI_PlayPodcast-679.png\" title=\"Play\" alt=\"Play\" style=\"border:0;\" \/><\/a><\/div>\n<p class=\"powerpress_links powerpress_links_mp3\" style=\"margin-bottom: 1px !important;\">Podcast: <a href=\"http:\/\/www.podtrac.com\/pts\/redirect.mp3\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode63.mp3\" class=\"powerpress_link_pinw\" target=\"_blank\" title=\"Play in new window\" onclick=\"return powerpress_pinw('https:\/\/thedisciplinedinvestor.com\/blog\/?powerpress_pinw=787-podcast');\" rel=\"nofollow\">Play in new window<\/a> | <a href=\"http:\/\/www.podtrac.com\/pts\/redirect.mp3\/media.blubrry.com\/tdi_podcast\/www.thedisciplinedinvestor.com\/blog\/podcasts\/tdi_episode63.mp3\" class=\"powerpress_link_d\" title=\"Download\" rel=\"nofollow\" download=\"tdi_episode63.mp3\">Download<\/a> (32.9MB)<\/p><p class=\"powerpress_links powerpress_subscribe_links\">Subscribe: <a href=\"https:\/\/open.spotify.com\/show\/5vtvEVDPUi4221imwhXyXt\" class=\"powerpress_link_subscribe powerpress_link_subscribe_spotify\" target=\"_blank\" title=\"Subscribe on Spotify\" rel=\"nofollow\">Spotify<\/a> | <a href=\"https:\/\/tunein.com\/podcasts\/Markets-and-Investing\/The-Disciplined-Investor-p414586\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_tunein\" target=\"_blank\" title=\"Subscribe on TuneIn\" rel=\"nofollow\">TuneIn<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/feed\/podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_rss\" target=\"_blank\" title=\"Subscribe via RSS\" rel=\"nofollow\">RSS<\/a> | <a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/subscribe-to-podcast\/\" class=\"powerpress_link_subscribe powerpress_link_subscribe_more\" target=\"_blank\" title=\"More\" rel=\"nofollow\">More<\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[9,18],"tags":[481,483,71,482,297],"class_list":["post-787","post","type-post","status-publish","format-standard","hentry","category-podcasts","category-technology","tag-economy","tag-markets","tag-oil","tag-podcasts","tag-show-notes","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=787"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/787\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}