Why The ‘Living Wills’ of Top U.S. Banks Failed The Test
Why The ‘Living Wills’ of Top U.S. Banks Failed The Test by Knowledge@Wharton Peter Conti-Brown and Michael S. Barr on Banks’ ‘Living Wills’ http://media.blubrry.com/kw/p/d1c25a6gwz7q5e.cloudfront.net/audio/160414A_KWRadio_LivingWills.mp3 Eight years after the Great Recession, the top eight “systemically important, domestic banking institutions” in the…
India’s Leading Bitcoin Exchange Coinsecure Has Raised Over $1.2 Million in Ongoing Fund-raising Campaign
Bitcoin Press Release: Indian Bitcoin exchange and wallet Coinsecure has raised over $1.2 million in the first 4 months of their ongoing fund-raising round ‘Series A’. 18th April 2016, Delhi, IN – Coinsecure, the leading Indian Bitcoin trading platform, has…
Bitcoin Micro Payments a Short-term Fail, but Long-term Potential High
One of the many problems that Bitcoin has the potential of solving is that of how to pay content providers (like me). In this piece, Gene Hoffman of Vidicia lays out the problem of paying for content – most people…
Negative Interest Rates for Dummies
If you ever borrowed money, you are most likely familiar with the concept of positive interest rates. That’s the world where you pay interest on the money you borrowed. Lately, you probably been hearing more and more about negative interest…
Muslims for Bernie Sanders
The dramatic debate between Senator Bernie Sanders and Hillary Clinton in Brooklyn on April 14, in anticipation of the New York primaries on April 19, notwithstanding, the national conversations about the US presidential campaign has become positively predictable, if not…
Book Says JPMorgan Knew What Madoff Was Doing
Say the name Bernie Madoff, and chances are everyone will immediately remember the Ponzi scheme that bilked investors of $64 billion. What likely won’t spring to mind is JPMorgan Chase’s role in the more than decadelong fraud. And the link…
Greece’s Creditors Weigh Extra Austerity Measures to Break Deadlock
Greece’s Creditors Weigh Extra Austerity Measures to Break Deadlock Option Investing partners – Greece’s creditors are considering seeking extra austerity measures that would be triggered if Athens misses its fiscal targets, in a bid to bridge differences between Europe and…
Is the US moving closer to banning encryption?
The US Senate has published a draft law to force tech companies to show encrypted messages to security services. The Compliance with Court Orders Act would force companies to hand over what is called “intelligible” or non-encrypted data, if they…
Federal Reserve Took Money From The Poor And Gave It To The Top 25%
Federal Reserve Took Money From The Poor And Gave It To The Top 25% by John Mauldin, Mauldin Economics When the next recession hits the US, the Federal Reserve will likely want to print more money to relieve the suffering….
All Those ‘No Aid To Puerto Rico’ Ads Are From Hedge Funds
If you have your television on at any time, you’ve likely seen the “don’t let Congress bail out Puerto Rico” ads. The claim is any move by Puerto Rico to declare bankruptcy is harmful to Americans on the mainland. They…