Banks’ exorbitant earnings
The financial sector of Pakistan is having the time of its life at the moment. According to the latest SBP Quarterly Performance Review (QPR) released on 25th February, 2016, the banking sector of the country posted an after-tax profit of…
Politics of disillusionment and the rise of Trump
Last autumn, when I was in the United States, I asked a number of senior Republican Party figures about the possibility of Donald Trump winning the presidential nomination. All laughed out loud. It simply won’t happen, they told me. The…
Tim Cook’s Deal With Apple – CEO Pay Cap Even Less Effective Than We Knew
Tim Cook’s Deal With Apple – CEO Pay Cap Even Less Effective Than We Knew by Allan Sloan, ProPublica, March 4, 2016, 12 p.m. Tim Cook got almost $400 million of restricted stock when he was named Apple chief executive…
Jack Bogle And The Extraordinary History Of The Index Mutual Funds
Jack Bogle And The Extraordinary History Of The Index Mutual Funds by WealthTrack It’s currently the winter fund raising season on public television so WEALTHTRACK may be preempted on your local station this week. As a result, we are revisiting…
Your right to encryption: iPhone legal challenge update (with Harry Potter reference)
Last year, the United Nations called personal encryption a necessary condition for civic life in the digital age. That was last year. This year, Apple is fighting the U.S. Department of Justice over this very issue: personal encryption. Quite a…
Paying with gold possible again
Gold is on a tear lately, and that’s been nice for a new Toronto company that has figured out a way for people to store bullion bars in their savings, or even spend it to make purchases. BitGold (not to…
Top Portfolio Products: Funds Target the Environment, Bitcoin and Dividends
New products and changes introduced over the last week include an environmental opportunities fund from Hartford Funds, two funds from Vanguard, a Bitcoin mining fund from Genesis Mining and a “defined outcome” fund from Jefferson National and Exceed Investments Also,…
We CAN Have A Better Congress– And We Need To
If Tuesday’s results are indicative of what to expect in November, it looks like Americans will be, once again, asked to choose between 2 really awful nominees… another less-of-two-evils election that is sure to turn off millions of Americans and…
Bank Of Japan’s NIRP Contracts Rather Than Expands: DB
The Bank of Japan is one of the newest central banks to adopt a negative interest rate policy (NIRP), and we’re already starting to see some of the negative impacts investors were worried about. Typically, the point of monetary easing…
Former head of credit union took bribes for bitcoins, feds says
The former chairman of a Jackson federal credit union was charged today in federal court with accepting more than $150,000 in bribes to turn over the credit union’s functions to operators of an illegal bitcoin exchange. Trevon Gross, 46, former…