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Bond Daddy - by  David Walby (Paperback) - 1 of 1

Bond Daddy - by David Walby (Paperback)

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About this item

Highlights

  • $100,000,000 international bond swindle uncovered in Pensacola It was a time when there were no rules governing the sale of tax free bonds.
  • Author(s): David Walby
  • 168 Pages
  • Biography + Autobiography,

Description



Book Synopsis



$100,000,000 international bond swindle uncovered in Pensacola

It was a time when there were no rules governing the sale of tax free bonds. From 1971 until 1973 I was part of group known as the "Memphis Bond Daddies". We sold tax free, bearer bonds over the phone. Our home base was Pensacola, Florida. The deregulation of the stock brokerage business in the 1970's and the huge bear market made it so that brokers could not sit behind their desks waiting for the phone to ring. They had to adapt the "cold calling" techniques perfected by the bond daddies.


Today huge investment banks have managed us out of our retirement funds. Trillions have been lost, and like in the days of the bond daddy, no one will go to jail. Insurance companies sell insurance without anything to pay claims. The smart guys on Wall Street believe, if they don't get caught, it must be legal. Lawmakers get their lifeblood contributions from big firms and big banks. The regulators are young lawyers, looking to get a big paying job with the firms they are regulating.

This is the account of my three years as a "Bond Daddy", and how we started it all.

Dimensions (Overall): 9.21 Inches (H) x 6.14 Inches (W) x .36 Inches (D)
Weight: .54 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 168
Genre: Biography + Autobiography
Publisher: Outskirts Press
Format: Paperback
Author: David Walby
Language: English
Street Date: November 11, 2009
TCIN: 1007265124
UPC: 9781432742492
Item Number (DPCI): 247-17-7305
Origin: Made in the USA or Imported
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Shipping details

Estimated ship dimensions: 0.36 inches length x 6.14 inches width x 9.21 inches height
Estimated ship weight: 0.54 pounds
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Return details

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Q: What time period does the book cover?

submitted by AI Shopping Assistant - 6 days ago
  • A: The narrative spans from 1971 to 1973, detailing events during that era.

    submitted byAI Shopping Assistant - 6 days ago
    Ai generated

Q: What type of bonds are discussed in the book?

submitted by AI Shopping Assistant - 6 days ago
  • A: The book discusses tax-free bearer bonds that were sold over the phone.

    submitted byAI Shopping Assistant - 6 days ago
    Ai generated

Q: What is the main theme of the book?

submitted by AI Shopping Assistant - 6 days ago
  • A: The book explores a major bond swindle and the lack of regulations in the bond market during the early 1970s.

    submitted byAI Shopping Assistant - 6 days ago
    Ai generated

Q: Who is the author of this book?

submitted by AI Shopping Assistant - 6 days ago
  • A: The author of the book is David Walby, who shares his experiences in the bond market.

    submitted byAI Shopping Assistant - 6 days ago
    Ai generated

Q: What is the target audience for this book?

submitted by AI Shopping Assistant - 6 days ago
  • A: The book is suggested for readers aged 22 years and up, particularly those interested in finance.

    submitted byAI Shopping Assistant - 6 days ago
    Ai generated

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