Cart (0)
business newsGuns N' Roses Bassist Your New Personal Finance Guru
By
Scott Reeves Feb 06, 2009 12:45 pm
Brief scrutiny of today's headlines.
PRINT
 |
|
Playboy (PLA) magazine hired the former Guns N' Roses bass player to offer financial advice while skewering Wall Street, the New York Post reports.
“Those boneheads on TV just want to make themselves come off as smart,” McKagan says. “I hope to shed some non-nonsense light on day-to-day money issues.”
Let’s see: Kudlow served as a staff economist at the Federal Reserve Bank of New York. He worked on the US Senate campaign of the late Daniel Patrick Moynihan, a New York Democrat, and later served in President Reagan’s Office of Management and Budget. Kudlow also served on former New York Governor George Pataki’s state tax commission before becoming a talking head on CNBC.
McKagan says he began his study of all things financial in 1994, after he “got sober”; few would argue that Wall Street doesn’t need some sobering up of its own.
He jumped into the subject with both feet at Santa Monica Community College in California and transferred to the Albers School of Business at Seattle University. McKagan says he’s just a few classes short of a degree.
Guns N’ Roses, which is still fronted by Axl Rose but with an entirely new band, has sold about 100 million albums worldwide. The band’s 1987 debut album was titled Appetite for Destruction - not a bad description of contemporary Wall Street.
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
