Peter Schiff
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Peter Schiff, is an American financial analyst who frequently appears as a guest on CNBC and Bloomberg Television and is often quoted in major publications. He is the president of Euro Pacific Capital Inc., a brokerage firm based in Darien, Connecticut. He is known for his bearish views on Real Estate and the economy in general and for it has earned the name "Dr. Doom".
At 8 p.m. on Wednesdays he hosts a live Internet radio show, Wall Street Unspun.[1]
"The United States' (economy) is like the Titanic and, I am here with the lifeboat trying to get people to leave the ship," Schiff said in an August 2006 interview. "I see a real financial crisis coming for the United States." [1]
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[edit] Education
Born in New Haven, Connecticut[2] and raised in Manhattan and Miami, Schiff graduated from the University of California, Berkeley in 1987 with a degree in finance and accounting.
[edit] Career
Schiff began his career in financial consulting with Shearson Lehman Brothers.[3]
He launched Euro Pacific Capital in 1996 when he bought a broker-dealer in Florida without clients or revenues, then reincorporated the business in California. In 2006 he relocated to Darien, Connecticut in order to find brokers "who think like him," according to an article in The Advocate of Stamford, Connecticut. The New York metropolitan area, he said, has the biggest concentration of brokers in the country, making it easier to recruit them, he said.[1]
The company retains an office in Newport Beach, California as well as in Phoenix and Medford, Oregon. Schiff said in August 2006 that he planned to open offices eventually in Manhattan and somewhere in the Midwest.[1]
Schiff holds NASD Series 4,7,24,27,53,55, & 63 licenses.[3]
His first book, Crash Proof: How to Profit from the Coming Economic Collapse (ISBN 978-0-470-04360-8), was published in March 2007.
[edit] Footnotes
- ^ a b c d "Prophet of Doom? Darien market bear says U.S. investors' ship is sinking," article by Julie Fishman-Lapin in The Advocate of Stamford, Business section, August 6, 2006, pp. F1, F6
- ^ Peter Schiff is the son of tax protester Irwin Schiff.
- ^ a b [1]Official biographical sketch of Schiff at Euro Pacific Capital Inc. Web site, accessed August 20, 2006
[edit] External links
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