Stacy Johnson

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Stacy Johnson is an author and creator and host of Money Talks, a nationally syndicated consumer/personal finance news series.[1]

Biography

Early life and education

Johnson was born in 1955 in Clarksville, Tennessee. He grew up in Tennessee, Kentucky, Virginia and Georgia. He attended Furman University in Greenville, SC and earned a degree in accounting from the University of Arizona in 1977. He earned his CPA certification in 1981. He also earned subsequent licenses in stocks, commodities, options, options principal, real estate, life insurance and securities supervisory.

Career

Johnson had a career in investment banking from 1981 to 1992, working for E. F. Hutton & Co., Shearson-Lehman, and Prudential Securities.

His television career started during the 1987 stock market crash, when KGUN, the ABC affiliate in Tucson, invited him to provide an expert interview. Shortly afterward, the station hired him to provide daily stock market reports and analysis. He started his own syndicated news service in 1990.

Johnson currently hosts the nationally syndicated financial news series Money Talks which airs within the local news of about 80 network-affiliates nationwide. His news videos and print articles also appear on personal finance websites including Yahoo Finance, MSN Money, TheStreet.com and others. His company provides financial literacy video to several major nonprofit credit counseling organizations.

MoneyTalksNews.com is also a website containing personal finance articles and videos.

Drug arrest and securities fraud[2]

Johnson was arrested in December 1987 for possession of and solicitation to possess cocaine to which he pleaded guilty and was sentenced to three years probation.

From 1987 to 1989, according to Arizona’s U.S. Attorney, Johnson was engaged in a securities fraud and extortion case as a stock broker at Hutton. In 1993, he was granted immunity from prosecution in exchange for his testimony against Thomas J. Meier, the finance manager for the Navajo Nation and with whom Johnson split commissions from the sale of insurance annuities to the Navajos. Under the agreement with federal prosecutors, Johnson was also ordered to pay the tribe $67,000, which amounted to his proceeds from the annuity sales.

Johnson resigned from KGUN and was suspended by Prudential, his employer in 1993.

Published works

  • (Ballantine, 2002)
  • Money Made Simple (Ballantine, 2004)
  • Life or Debt 2010 (Simon & Schuster, 2010)

References

  1. Cruz, Humberto (23 March 2002). "To avoid wasting money, know what you want in life". Milwaukee Journal Sentinel. p. 2D. Retrieved 13 November 2010. 
  2. Nett, Walt (March 9, 1993). “Stacy Johnson suspended while Prudential Securities investigates fraud case”. Arizona Daily Star.

External links


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