Why Corporate Criminals Are Hard To Nab
Eight years after the financial crisis blew Wall Street apart, major banks have paid out tens of billions of dollars to settle charges of wrongdoing. Yet, as politicians like Bernie Sanders regularly note, no senior-level executives have gone to jail….
“Bernie Or Bust” Has Reached A Dangerous High Point
“Bernie or Bust” is a campaign to “revolt against Plutocracy (RAP), a government of, by and for the wealthy few” according to the movement’s website. Now that may sound benign enough, until you get the upshot of it all. They…
Your Money or Your Data: 2016 the Year of Ransomware
The first wave of emotions, victims say, is a combination of panic and powerlessness. They click and reclick on files on their desktops—agendas for the weekend Christian camp, payroll data for hundreds of teachers or medical information for veterans—to no…
Bitcoin Isn’t the Answer to Central Bank Woes
Bitcoin Isn’t the Answer to Central Bank Woes Option Investing Partners – Bitcoin Isn’t the Answer Here’s a utopian image (or perhaps dystopian, depending on the point of view) to ponder: Central banks have switched from issuing money in the…
Bitcoin Goes Corporate, or at Least the Blockchain Does
“The back office in financial services is finally sexy again,” says Jim Zemlin, the executive director of the Linux Foundation. It’s not often you hear “back office” and “sexy” in the same sentence, and it may never happen again. But…
Puerto Rico Might Start Cutting Pensions To Deal With Debt Crisis
Treasury Secretary Jack Lew said Monday pension cuts are on the table for Puerto Rico to help deal with the debt-ridden island’s fiscal woes. The commonwealth – which faces a $70 billion debt burden and recently defaulted on a major…
World’s Largest Cloud Mining Provider Genesis Mining Announces Significant Decrease in the Ethereum Mining Price
Press Release: Mining Ether just got a whole lot cheaper as cloud mining giant Genesis Mining release pictures of the largest Ether cloud mining farm in the world, Enigma. Ethereum is one of the fastest growing cryptocurrencies next to Bitcoin….
The Titillating And Terrifying Collapse Of The US Dollar. Again.
The Titillating And Terrifying Collapse Of The US Dollar. Again. by Michael Pettis – China Financial Markets Foreign perceptions about the Chinese economy are far more volatile than the economy itself, and are spread across a fantastic array of forecasts….
China “Encourages” Economists To Be More “Positive” About The Economy
As if there were any doubts that China’s economic stats were a tad “Shady”, let those worries rest. China is reportedly issuing verbal warnings to economist, analysts and business journalists that are making less than rosy predictions for the future…
Was There a Connection Between Craig Wright and Bitcoin Price?
Was There a Connection Between Craig Wright and Bitcoin Price? Option Investing Partners – The mainstream media has been having a field day ever since Craig Wright, the Australian computer scientist proclaimed himself to be the Satoshi Nakamoto. After Craig…