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Taxing Cold


Russell Rhoads of the CBOE is in-studio. Chief and Russell are joined by Denver-based labor attorney, Lou Michels, for hour one to discuss North Korea, U.S. foreign policy and the NFL Draft. Karl Denninger of Market Ticker joins the guys for hour two to talk tax policy, interest rates and much more. 

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Russell Rhoads

Russell Rhoads, CFA, is an instructor with the Options Institute at the Chicago Board Options Exchange and contributor to the Stocks & Jocks show every Thursday morning. He joined the Institute in 2008 after a career as an investment analyst and trader with a variety of firms including Highland Capital Management in Memphis, TN, Caldwell & Orkin Investment Counsel in Atlanta, GA, and Balyasny Asset Management in Chicago, IL. He is a financial author and editor having contributed to Technical Analysis of Stocks and Commodities magazine and edited several books for Wiley publishing. Also, in 2008 he wrote Candlestick Charting For Dummies.

He is a double graduate of the University of Memphis with a BBA (’92) and an MS (’94) in Finance and also received a Master’s Certificate in Financial Engineering from the Illinois Institute of Technology in 2003.  He is currently taking preparation courses at the University of Chicago to prepare for a graduate program in Financial Mathematics.  In addition to his position with CBOE, Mr. Rhoads serves as an instructor for The Options Industry Council.

Lou Michels

Lou Michels is an employment and sports law attorney with a national law firm, who is also an NFL player agent. He joins the Stocks & Jocks show every Thursday morning from Denver, Colorado. Lou represents companies and individuals in dealing with workplace problems ranging from labor union and discrimination cases to employment contracts and trade secret disputes. He played football at Air Force, and graduated from Duke Law School, where he developed an appreciation for college basketball. He is a retired Air Force lieutenant colonel. Lou grew up in Winnipeg, Canada, and Minneapolis, where his father was a professional football coach for the Minnesota Vikings for almost 30 years. Read more.

Karl Denninger

Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement.

Denninger was the founder and CEO of MCSNet in Chicago. Opened as Macro Computer Solutions, Incorporated in 1987, it expanded its service offerings in 1993 to become one of the area’s first commercial internet service providers. Among its customers was the Chicago Public Library, which relied on MCSNet for both internet access and web hosting. In 1997 he led a coalition of ISPs in setting up the Enhanced Domain Name System, a short-lived alternative DNS root which allowed registrants to add their own generic top-level domains. Denninger continued to run MCSNet until August 1998, when he sold it to Winstar Communications for an undisclosed amount. For his efforts, the Chicago Sun-Times dubbed him one of “the movers and shakers who brought Chicago into the Internet Age”. After the sale of MCSNet, he moved to Florida, where he began to devote more time to stock trading and political activism.

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