First Aired - 01/13/2011 04:30PM Download MP3 (Full Episode)
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This week on Flash Talks Cash, JoAnn "Flash" Fleming revisits the concept of Slow Money with Slow Money founder Woody Tasch.

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Flash Talks Cash, Heritage Radio Network, S. Wallace Edwards & Sons, JoAnn Flash Fleming, Andrew Newman, Woody Tasch, Slow Money, non for profit, taking the spirit of Slow Food and bringing it to the investment side, measuring the GDP for the 21st century, economy based on preservation and restoration, industrial finance, we used to be focused on standard of living, we need a new model, Bush tax cuts, they were a crazy idea, social investing, how do you invest locally?, there's a lot of uncertainty in the global market, our money is at great risk right now, Slow Money is a incubator for a new style of investing, Slow Money is an idea and a movement, not a fund, +/- 5% o investments, philanthropy and venture capitalism, Slow Money Seed Fund, decentralizing,
Tags:
alternative to real estate stocks and bonds, alternative investments, we are used to having our investments secured by insurance, ponzi schemes, there are millions of investors who would invest in local food systems if the risks were removed, next national conference is in San Francisco, www.slowmoney.org, Andrew thinks the returns might be slow, every state in the country has unclaimed funds, 32 billion dollars in unclaimed funds!, comes from many different places, utility deposits, old checking and savings accounts, tax refunds, www.naupa.org, no number nuts today, Bank of America and Wacovia have been linked to hundreds of millions of dollars in laundered funds, Mexican currency exchange houses, banking laws used to be stricter, bankers have no moral compass,


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