Citigroup Settles Mortgage Inquiry for $7 Billion
The New York Times | 14 July 2014
The $7 billion deal that Citigroup agreed to strike with the Justice Department…

Executive Pay ’180 Times Average’, Report Finds
BBC News | 13 July 2014
Executive pay has grown from 60 times that of the average worker to almost 180 times since the 1990s, according to a report…

Step Inside CYNK, The Company That’s Worth $5 Billion But Has No Revenues, Assets, Or Full-Time Employees
Yahoo! Finance | 12 July 2014
Yesterday we wrote about the strange case of CYNK Technology…

Survey: Growth Forecast Lowered to 3 Percent for the Second Quarter
The Hill | 11 July 2014
Business economists have lowered their estimates for economic growth in the second quarter following news…

Got ’em, Gotham
The Economist | 12 July 2014
The company-accounts detectives collar another suspect…

Traders Flood U.S. With $3.4 Trillion of Bond-Auction Demand
Bloomberg | 14 July 2014
The intensifying debate over when the Federal Reserve raises interest rates is little more than a sideshow when it comes to the ability of the U.S. to borrow…

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Chinese Tycoon Guo Copying Buffett Rises From Bread to Club Med
The Malay Mail | 07 July 2014
Twice a week in the winter of 1987, students living in the No 5 dormitory of Shanghai’s Fudan University would hear a familiar knock close to midnight…

A Chinese Real Estate Billionaire Just Donated His Entire Fortune To Charity. Leaving His Kids With Precisely NOTHING.
Celebrity Networth | 29 June 2014
You’ve got to admire anyone who goes from being dirt poor to self-made billionaire…

Bitcoin Busted: French Police Wind Up 1st Illegal Virtual Currency Trading Ring
RT | 07 July 2014
French police have eliminated an illegal Bitcoin trading network worth 200,000 euro…

Breakingviews: Founders Not Keepers
Reuters | 07 July 2014
Richard Beales and Rob Cox air a new idea for balancing the interests of tech company founders and outside investors…

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Don Coxe: Russia, China and Iran to Become More Aggressive as US Disengages

YouTube | 18 June 2014
Jim welcomes back Donald Coxe, Chairman of Coxe Advisors LLP in Chicago…

California Governor Signs Bill to Bring Bitcoin and Other Currency Into Fold
The Wall Street Journal | 28 June 2014
California Governor Jerry Brown on Saturday signed into law a bill that clears away possible state-level obstacles to alternative currencies such as bitcoin…

U.S. Could Face High Unemployment Through 2030, Consultancy Says
The Wall Street Journal | 29 June 2014
The U.S. is one of the world’s few economies that could struggle with high unemployment through 2030…

Global M&A at Seven-Year High as Big Corporate Deals Return
The Economic Times | 30 June 2014
Investor support for large acquisitions and a desire to trump rivals in consolidating markets…

BIS: Ultra Low Interest Rates Could Make Global Economy Permanently Unstable
The Telegraph | 29 June 2014
Ultra low interest rates and the failure of policy to “lean against” the build-up of financial imbalances are in danger…

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Goldman Wins Dismissal of $450 Million Mortgage-Bond Suit
Bloomberg | 13 June 2014
Goldman Sachs Group Inc. (GS) won dismissal of a suit over $450 million in residential mortgage-backed securities…

Seeing Through “The Banker’s New Clothes:” Anat Admati at TEDxStanford

YouTube | 20 May 2014
Anat R. Admati holds a bachelor’s degree from Hebrew University in Jerusalem and a doctorate from Yale University…

April “Surprises” More Surprising Than Expected
The Nelson A. Rockefeller Institute of Government | June 2014
Depressed Income Tax Collections Adding to Budget Pressures…

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Shareholders Revolt Against Walmart and Netflix
Yahoo! Finance | 11 June 2014
In the Wild One, Marlon Brando’s Johnny is asked what he’s rebelling against…

What If the Fed Has Created a Bubble?
Bloomberg View | 10 June 2014
Investors might be surprised to learn that they have a lot riding on something that they pay very little attention…

The Simple Reason Treasury Yields Are Going Lower: Half A Trillion More Demand Than Supply
Zero Hedge | 10 June 2014
Back in April 2013, when looking at the dynamics of global treasury supply and demand…

Spanish 10-Year Bond Yield Lowest Since at Least 1789; Reflections on Absurd Risk Assumptions
Mish’s Global Economic Analysis | 09 June 2014
Those searching for absurdity in government bonds can find it in a multitude of places…

Buffett to Expand Energy Wager ‘As Far as the Eye Can See’
Bloomberg | 09 June 2014
Berkshire Hathaway Inc., which has struck deals to expand its utility business in Nevada and Western Canada…

Deficit Improves to $439 Billion, CBO Says
The Hill | 06 June 2014
The federal budget deficit for fiscal 2014 reached $439 billion by the end of May…

Don’t Let Employer Matching Cutbacks Hurt Your Nest Egg
Investing Daily | 06 June 2014
There is some good news – and bad news – on the 401k retirement front these days…

Hidden Assets Seen Worth $2 Trillion Targeted by India
Bloomberg | 09 June 2014
India’s new Prime Minister Narendra Modi didn’t waste much time: Among his first acts on his first day in office…

Could Investors Do as Well Picking Stocks While Blindfolded?
The Wall Street Journal | 06 June 2014
Meet the world’s most secretive and exclusive investment fund…

Global Stock Market Valuations and Expected Future Returns
GuruFocus | 05 June 2014
Where Are We with Global Market Valuations?

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ECB Hurls Cash at Sluggish Euro Zone Economy, Seeks to Force Bank Lending
Reuters | 05 June 2014
The European Central Bank launched a raft of measures on Thursday to fight low inflation…

Buffett’s $26 Billion Power Bet in West Seen Paying Off
Bloomberg | 04 June 2014
Warren Buffett’s $26 billion bet on western U.S. power plants, transmission lines and wind farms is poised to pay off…

JPMorgan Sees Record $100 Billion in Loan Funds
Bloomberg | 04 June 2014
The business of bundling junk-rated corporate loans into top-rated securities is booming…

Highest and Cheapest Gasoline Prices by Country
Bloomberg | 01 June 2014
The summer driving season is upon us, a time when road-trip dreams…

Seattle Minimum Wage: $15 Figure
The Guardian | 02 June 2014
Seattle city council has unanimously voted to impose the highest minimum wage in the US…

Egypt Stock Market Plunges After Election
LA Times | 02 June 2014
The securities benchmark, known as EGX30, fell 5.7%, prompting the stock exchange to suspend trading for 30 minutes…

The Sino-Russian Gas Deal: Psychological Warfare in Financial Markets
Global Research | 01 June 2014
A natural gas deal between Russia and China was in the works for a long time, so why all the fuss over its unveiling?

BNP Fine Stirs French Anger, Pressuring Hollande to Act
Bloomberg | 02 June 2014
The French are crying foul…

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Family Offices Team Up Taking Page From Private Equity
Bloomberg | 27 March 2014
Katie Kalvoda’s interest was piqued when the 40-year-old money manager for a group of ultra-wealthy families…

Alibaba to Disclose Names of 28 Major Shareholders
Reuters | 28 May 2014
Alibaba Group Holding Ltd will name the 28 people who will control the world’s biggest e-commerce firm in an update to its initial public offering filing…

America’s Largest Retailers Chart Review
The Canadian Technician | 23 May 2014
There has been a huge volume of news out of the mainstream retailers the last two weeks…

Dear Investors: China’s Problems Are Your Problems
Bloomberg View | 26 May 2014
I have long argued that it will take a sizable shock to switch the current “risk on” investment climate to one of “risk off.”…

Retail Death Rattle Grows Louder
The Burning Platform | 25 May 2014
The definition of death rattle is a sound often produced by someone who is near death when fluids such as saliva and bronchial secretions accumulate in the throat and upper chest…

When Does the Story Break?
Salient | 25 May 2014
The most common question I get from Epsilon Theory readers is when…

The Power of Filing and Suspending
Kiplinger | 08 May 2014
Four ways one strategy can be put to work to boost Social Security benefits…

Offshore Profits Avoid IRS Reach
Bloomberg | 12 May 2014
Corporate profits earned outside the U.S. aren’t subject to federal taxes until they are brought home by U.S.-based companies…

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Russia, China Sign $400 Billion Gas Deal After Decade of Talks
Bloomberg | 21 May 2014
Russia reached a $400 billion deal to supply natural gas to China through a new pipeline over 30 years…

Russia’s “Holy Grail” Gas Deal With China Now “Only One Digit Away”
Zero Hedge | 18 May 2014
We have previously profiled the “holy grail” gas deal between Russia and China…

Capital Controls as an Instrument of Monetary Policy
Federal Reserve Bank of Dallas | February 2014
Large swings in capital flows into and out of emerging markets can potentially lead to excessive…

Robert Shiller’s Ratio Suggests Stocks Are Expensive — Here’s The Problem With That Observation
Business Insider | 16 May 2014
Robert Shiller’s famous cyclically-adjusted price-earnings (CAPE) ratio is telling us that the stock market looks a bit expensive these days…

Margin Debt and How I Was Wrong
Financial Perspectives | 18 May 2014
I was wrong. There, I said it…

Swiss Prepare to Vote on World’s Highest Minimum Wage
The New York Times | 16 May 2014
While Switzerland’s booming economy has made the country synonymous…

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Tesla CEO Elon Musk: Gigafactory Will Take Battery Production ‘To Another Level’
San Jose Mercury News | 14 May 2014
Tesla Motors CEO Elon Musk said Tuesday that Tesla will partner with several companies besides Panasonic…

EU Officials Plotted IMF Attack to Bring Rebellious Italy to Its Knees
The Telegraph | 15 May 2014
The revelations about EMU skulduggery are coming thick and fast…

Connecticut Passes Public Retirement Plan Legislation
Employee Benefit News | 09 May 2014
Connecticut legislators have approved a study that will examine the feasibility of creating of a public retirement plan…

David Cameron: Taxes Will Rise Unless We Can Raid Bank Accounts
Telegraph.co.uk | 09 May 2014
Taxes will have to rise unless officials are given new powers to raid people’s bank accounts…

McNeely: Tax Glitch, Hegar, Made Collier Run
news-journal.com | 08 May 2014
Why did property taxes go up, but the Legislature in 2011 still cut $5.4 billion from school funding?

The Federal Reserve and an Unsustainable Empire
Counterpunch | 13 May 2014
Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014?

Special Needs Parent Salary Calculator
Thinking Moms’ Revolution | 09 May 2014
For the past few years in May, around Mother’s Day…

Texas Dubbed ‘Magnet State’ by Internal Revenue Service
Biz Journals | 12 May 2014
Texas expanded its personal income tax base by $2.4 billion…

Scottish Retailer Replaces Pound with Bitcoin
Scotsman | 11 May 2014
A Second-hand exchange in Glasgow is replacing the pound with virtual currency Bitcoin for three days in one of its stores…

Europe Deflation Risk Seen by 74% in Global Investor Poll
Bloomberg | 11 May 2014
Financial professionals are optimistic about the global economy…

Switzerland To Vote On Adopting World’s Highest Minimum Wage
The Huffington Post | 12 May 2014
Swiss business leaders shocked by past popular votes to cap executive pay and curb immigration are wary of a May 18 referendum…

Alexander Hamilton Was Even More Amazing Than You Thought
Bloomberg Businessweek | 09 May 2014
Chalk up another first for Alexander Hamilton, the good-looking man on the 10-dollar bill…

Draghi Sets Clock Ticking for June Stimulus by ECB
Bloomberg Businessweek | 08 May 2014
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst…

Russia Demands $3.8bn Security Deposit From Visa and Mastercard
The Guardian | 06 May 2014
Kremlin imposes unprecedented requirements on global payment systems operating in Russia in response to US sanctions…

Puffery by UBS Doesn’t Support Investor Suit
Courthouse News | 06 May 2014
Because its “aspirational” statements about the sub-prime mortgage market did not mislead shareholders…

States Blame Fiscal Cliff for Tax Revenue Slide
The Washington Post | 08 May 2014
Tax revenues have dropped in numerous states for the first time since the end of the great recession…

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Elder Financial Exploitation
Fifth Third Bank
Older Americans face many financial challenges as they age, one of which is financial exploitation…

Almost Half The Russell 2000 Members Are In A Bear Market
Zero Hedge | 07 May 2014
With market internals dismally weak and 967 of the Russell 2000 index’s members down over 20% from their highs…

No Detroit Bankruptcy Deal! May Day Marchers Block Detroit Streets, Banks; Nat’l Retiree Systems Blast Rhodes
Voice of Detroit | 03 May 2014
As “retiree groups” allegedly began caving in to a Detroit bankruptcy deal…

A Significant Change in Trend
Global Market Watch | 07 May 2014
The U.S. monthly international trade deficit decreased in March 2014 according to the U.S. Bureau of Economic Analysis…

OECD Cuts Global Growth Forecast as Emerging Markets Cool
Bloomberg | 06 May 2014
The Organization for Economic Cooperation and Development cut its global growth forecast…

Singapore, U.S. Reach Deal on Tax-Evasion Law
The Wall Street Journal | 06 May 2014
Financial institutions based in Singapore will need to regularly report information…

TMC Bonds, Codestreet Unveil Dark Pool for Corporate Bonds
Traders Magazine.com | 06 May 2014
Called Codestreet Dealer Pool, it aims to avoid information leakage and constrained dealer liquidity…

Trade Data Indicate Economy Contracted
The Wall Street Journal | 06 May 2014
The U.S. economy likely contracted in the first quarter for the first time in three years…

Diefenderfer Named Chairman of Navient
Delaware Online | 06 May 2014
William Diefenderfer III has been appointed the first chairman of the board of Navient…

IRS Announces Two-Year FATCA Enforcement Transition Period
Journal of Accountancy | 02 May 2014
Foreign financial institutions that make a good-faith effort to comply with the requirements of the Foreign Account Tax Compliance Act…

Survey Shows Increase in Sharing Services Like Cars
CPA Practise Advisor | 30 April 2014
Whether it’s use of automobiles, homes, clothing or any number of other goods and specialized services, some cash-conscious consumers are willing to share to save…

Yellen’s Labor Market Gauges Point to Continued Fed Stimulus
Bloomberg | 02 May 2014
Some of the job-market indicators watched by Federal Reserve Chair Janet Yellen are still flashing red…

Speculative Fever is Back to 2008, With Compound Interest
The Telegraph | 01 May 2014
We are in a colossal bubble once again…

Canadian Silver Maple Leaf Sales Shatter All Records
SRSrocco Report | 02 May 2014
Not only did Canadian Maple Leaf sales shatter all records in 2013…

Frustration Rises Over Crowdfunding Rules
The Wall Street Journal | 30 April 2014
Critics Say Two-Year-Old JOBS Act, Intended to Help Entrepreneurs Attract Investments, Requires Major Revisions…

Have Gun, Will Travel: The Big-Money World of Private Security
Security Degree Hub
526,000: number of people killed by armed violence every year…

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