“Liar Loans” Now Being Pushed By Large U.S. Asset Managers Says Punchline
Liar Loans …. Remember the “liar loan” programs that were so famously a part of the 2008 financial crisis? They’re coming back, thanks to a lobbying effort by major hedge funds, according to TPL Advisory Punchline market report. Liar Loans…
Halliburton scandal: EFCC grills another SAN
The Economic and Financial Crimes Commission (EFCC) on Tuesday grilled a senior Advocate of Nigeria, Mr. Godwin Obla, on his role and that of four others in negotiating plea bargain for companies indicted in the Halliburton bribery scandal. The other…
FBI wants Apple to hack more than a dozen iPhones
Los Angeles (dpa) – Apple’s deadlock with US authorities over hacking the iPhone began months ago and involves more than a dozen devices in 10 criminal investigations, according to court documents unsealed Tuesday. In a brief filed to federal court,…
Bill Gates Backs FBI In Fight With Apple
Bill Gates has emerged as the most high-profile member of the Silicon Valley elite to voice criticism of Apple’s opposition to an FBI request to unlock the iPhone used by one of the San Bernardino, California, shooters. Speaking at the…
Apple fight could speed development of govt-proof smartphones
The legal showdown between Apple Inc and US law enforcement over encryption, no matter the outcome, will likely accelerate tech company efforts to engineer safeguards against government intrusion, tech industry executives say. Already, an emerging industry is marketing super-secure phones…
Apple reveals other FBI demands for iPhone unlocking around US
SAN JOSE, Calif. — Reinforcing Apple’s argument that an FBI request for the company to unlock an iPhone in the San Bernardino terror probe could unleash repeated demands for help in other cases, newly released documents show that the Silicon…
Negative Interest Rate Policy & The War On Cash
Negative Interest Rate Policy & The War On Cash by Gary D. Halbert FORECASTS & TRENDS E-LETTER by Gary D. Halbert February 23, 2016 IN THIS ISSUE: Negative Interest Rate Policy is a Sign of Desperation Why NIRP is Not…
Is Chinese economy going to collapse?
Chinese economy is experiencing difficulties which are not unique to China but almost every country in the world is facing an economic slowdown under current global economic situation. The US has experienced 47 recessions since 1790. The 1929 crash of…
Whether Fear Or Pride Prevail As The FRB Contemplates The NIRP No-Mans-land
Karen Shaw Petrou’s memorandum to the Federal Financial Analytics clients on whether fear or pride prevail as the FRB contemplates the NIRP no-mans-land. TO: Federal Financial Analytics Clients FROM: Karen Shaw Petrou DATE: February 19, 2016 Whether Fear Or Pride…
Japan’s Negative Rate Experiment: The Biggest Losers
Japan’s Negative Rate Experiment: The Biggest Losers Last week the Bank of Japan published detailed estimates of the distribution of Japan’s banks’ reserves under the new three-tier system. The figures show that this interest rate regime imposes a disproportionately heavy…