As a Wall Street insider and laid off, former Deutsche Bank V.P., Andrew Luan knows the collapse firsthand. Now he leads truth seekers through the canyons of downtown New York's financial district, stopping outside J.P. Morgan & Company, Deutsche Bank, AIG, Goldman Sachs, the Bank of the United States, and the Federal Reserve while he explains the complex factors that led to the near collapse. He delves into CDOs (collateralized debt obligations; the type of asset-backed securities many blame for much of the debacle), securities, ratings, and provides tour-goers with an inside view of a trader's life.
Tours start at 15 Broad Street in front of the New York Stock Exchange, and run Monday, Wednesday, and Friday at 10 a.m. and Saturday at 1 p.m. The Wall Street Insiders Tour lasts two hours and costs $45 per person. On its website, the company mentions it can offer reduced rates for those who can't afford full ticket price--a true indication that these are still tough times and that Luan really gets it. Check out a Q&A with him after the jump.
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