Great podcast, but some inaccuracies
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“I really love this podcast. I can hear about historical events and influential individuals and consider the application of risk management all in an easily digestible format. Sometimes there are some details that are inaccurate. I can let that go, because each episode is more of a synopsis and autopsy of risk management than a complete blow-by-blow of events.
However, the episode exploring the financial crisis of 2008 is completely wrong and ignores mounds of research and facts. I understand the creator’s political and economic perspectives are different than mine, and in many ways that’s a positive thing. But stating that the housing crisis was caused by too much government intervention and the overburdening regulatory requirements of the Community Reinvestment Act and continuing the synopsis through that lens undermines the evidence and reality. The crisis was caused by incredible greed, irresponsibility, and a lack of transparency by huge parts of the banking and finance sector. All things that government regulation helps to prevent. Which is exactly why the vast majority of that sector want less regulation. And why less regulation leads to crisis like we had in 2008 (Repeal of Glass-Steagall anyone?).
This story about the CRA being the cause of the crisis defies logic and direct evidence to the contrary. Doing even the smallest bit of research into the cause of the financial crisis and reading the language of the act itself dismisses this theory entirely. It is propaganda disseminated by those who caused the problem to begin with, their lobbyists, the politicians who benefit, and those who would call Ayn Rand their hero. So people who think unfettered greed and selfishness, particularly at the expense of others, is not only acceptable but encouraged. Yeah, I don’t buy that.
Why Jacinthe A Galpin is able to identify these things in the episode on the Dotcom crash yet not here is beyond me. All that said, this is still an excellent podcast that I’m not going turn off just because I disagree with one episode. It’s too much fun to listen to and I get so much out of it that I couldn’t turn it off if I wanted to.”
Laura Krander via Apple Podcasts ·
United States of America ·
09/07/19
More reviews of The Risktory Podcast
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“Overall- I enjoy the story telling and wit. But in the Fyre festival episode- information given wasn’t 100% accurate. Some of the important happenings were not correct or missing. Was Ja Rule associated with the previous Magnisis card fraud? In video clips of the two- they say they met after...”Read full review »
Lorenz12 via Apple Podcasts ·
United States of America ·
02/17/19
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“I love the variety of content in these episodes. The ones that tackle covid 19 from a risk and historical perspective are my favorites. It’s so refreshing to listen to someone lay out the situation with no political agenda. Thanks for creating this content.”
KC Betty via Apple Podcasts ·
United States of America ·
09/18/21
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“I ❤️ this podcast! After listening to it , I feel a ton lot smarter!
LOVE IT!!!!
Ps thx for the Getty’s burg episode!”
i love orcas A LOT via Apple Podcasts ·
United States of America ·
02/11/19
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