Negative Interest Debates
June 3, 2014
Jon Najarian is in-studio talking stocks, money supply and the Phil Mickelson situation. Phil Lekousis and Marty Pieczynski of Peoples Home Equity, Inc. discuss the mortgage and lending business in Chicagoland. Plus, Jake L’Ecuyer of Benzinga makes his final appearance on the show to talk the potential of negative interest rates and much more.
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Guests & Co-Hosts
Jon “DRJ” Najarian is a professional investor, noted media analyst and speaker, and cofounder of optionMONSTER.com, a leading site for options and equity traders. Following a brief stint as a Chicago Bears linebacker, Jon launched his financial career at the Chicago Board Options Exchange (CBOE) in 1981, trading in the pits for some 25 years. In 1989 he founded Mercury Trading, running the company for 15 years until 2004, when he sold his floor-trading operations to Citadel. Jon has developed and patented trading applications used to identify unusual activity in stock, options, and futures markets, notably the Heat Seeker® program, which scans up to 10 million quotes per second. Jon’s research and analysis is widely cited by leading financial media as he appears daily on CNBC as well as articles published in Barrons, the Wall Street Journal and other leading financial periodicals. OptionMONSTER has been described by Securities Industry News as “content king of the options business,” and enjoys syndication agreements with CNBC, TheStreet.com, the Chicago Board Options Exchange, and NASDAQ. Jon & his brother Pete also run a private equity fund and are consultants for Najarian Family Office, a wealth management firm based in Chicago & Minneapolis. Read more.
Phil is a life-long resident of the Chicagoland area. He resides in Lemont, a suburb of Chicago.
Phil began his career in the Financial Services Industry as a Trader at the Chicago Mercantile. His attention was drawn to the Mortgage Banking Industry, where he first owned a mortgage company in the western suburban area of Chicago. From there, Phil was recruited and accepted the position of Senior Vice President of a Federally chartered community bank. A few more years of seasoning in the industry brought Phil to PHE to open up the Midwest market.
Phil holds a number of professional licenses. Anyone who knows him will tell you he is obsessed with “over-achievement”. His expertise in the industry in marketing , sales and secondary is unmatched.
Phil is a true relationship builder. He has a passion for both clients and Team members. His word is his bond. Clients and staff quickly realize that they can rely on Phil as he is honest and trustworthy. This is the foundation of his success.
While many businessmen achieve success being “yes men”, Phil continues to succeed being “the businessman who will ALWAYS SAY what he is thinking”.
Martin (Marty) Pieczynski, a Chicago area native has been in the mortgage industry since 1987. Marty started as a branch representative at Household Finance Corporation and climbed the ladder eventually achieving branch manager status and ultimately Regional Vice President at several companies.
While spending much of his time in management and executive level positions Marty has stayed true to his roots as a customer service driven originator.