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Revision as of 00:02, 21 August 2006 by Noroton (talk | contribs) (added "external links" and put in his company)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)Peter Schiff, a frequent guest on CNBC and Bloomberg Television and frequently quoted in major publications, he is the president of Euro Pacific Capital Inc., a brokerage firm based in Darien, Connecticut.
At 8 p.m. on Wednesdays he hosts a live Internet radio show, Wall Street Unspun.
"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."
Career
Born in New Haven, Connecticut and raised in Manhattan and Miami, Schiff graduated from the University of California at Berkeley and went to work for Lehman Brothers.
He acquired Euro Pacific Capital in 1996 when it was a broker-dealer in Florida without clients or revenues, then reincorporated the business in California. In 2006 he relocated to Darien 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.
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.
Footnotes
- ^ "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