About Shah Gilani
Shah Gilani is a contributing editor to both Money Morning and The Money Map Report. He is considered one of the world’s foremost experts on the credit crisis. His published open letters to the White House, Congress and U.S. Treasury secretaries have outlined detailed alternative policy options that have been lauded by academics and legislators.
His experience and knowledge uniquely qualify him as an expert. Gilani ran his first hedge fund in 1982 from his seat on the floor of the Chicago Board of Options Exchange. When the OEX (options on the Standard & Poor’s 100) began trading on March 11, 1983, Gilani was working in the pit as a market maker, and along with other traders popularized what later became known as the VIX (volatility index). He left Chicago to run the futures and options division of the British banking giant Lloyds TSB. Gilani went on to originate and run a packaged fixed-income trading desk for Roosevelt & Cross Inc., an old line New York boutique bond firm, and established that company’s listed and OTC trading desks. Gilani started another hedge fund in 1999, which he ran until 2003, when he retired to develop land holdings with partners.
Gilani not only called for the implosion of the U.S. financial markets, he also predicted the historic rebound that began in March 2009. And both predictions were made on the record.
In February 2008, Gilani advised his blog followers to “sell everything and short everything or stay 100% in cash.” On March 27, 2009, in a lead story for Money Morning, Gilani said the market had bottomed and told investors to jump back into stocks.
Gilani studied economics and psychology at the University of California, Los Angeles. He now lives in Florida and is a managing member of a private equity company.
Articles by Shah Gilani, written for MoneyMorning.com:
- Is the Glencore IPO Signaling a Crash in Commodity Prices?
- Don't be Fooled: U.S. Banks Aren't as Strong as They Look
- How to Fix the U.S. Housing Market
- Money Morning's Shah Gilani Responds to Reader Comments on His Housing Plan
- How the U.S. Housing Market Can Save the U.S. Economy
- The Next Global Credit Crisis: Why U.S. Banks and Greek Debt Will be the Toxic Trigger
- The Stock Market Volatility Index: What the VIX is Telling Investors
- The Bank of America Settlement: The Latest Travesty in the U.S. Banking System
