Money & Markets - Week of 10.05.14
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Money & Markets – Week of 10.05.14
FATCA Explained in 4 Minutes
YouTube | 25 November 2013
Basically we’re building a world-wide empire subject to the Internal Revenue Service…
Accredited-investor Definition Revamp Backed by SEC Panel
Investment News | 09 October 2014
Investor Advisory Committee thinks current standard of income, wealth oversimplifies who should qualify…
Glasgow University First in Europe to Divest From Fossil Fuel Industry: Reports
Rianovosti | 09 October 2014
Outside Europe, 13 other American universities have already pledged to withdraw…
Air Berlin Cancels Purchase of 33 Boeing Jetliners
ATW | 26 September 2014
Airberlin has reached an agreement with Boeing to cancel orders for 15 787 and 18 737 aircraft…
Banks to Change Rules Governing Derivatives Market: FT
Reuters | 07 October 2014
The world’s biggest banks have agreed to change rules that govern the $700 trillion derivatives market…
IMF Lowers Global Growth Forecast for 2014
DW | 07 October 2014
The International Monetary Fund has said global growth in 2014 will be hampered…
Banker Admits Libor Fraud Conspiracy
BBC | 07 October 2014
A senior banker from a UK bank has admitted conspiring to defraud…
Banks Unite in Project Neptune to Boost Bond Trading
Bloomberg | 06 October 2014
A group of banks and investors is working on a project to increase trading of corporate bonds…
Iron Man Takes a Tumble
John Helmer | 07 October 2014
There is no doubt that fewer players in the market, even in a free market, can exercise greater leverage in terms of price outcomes by virtue of their ability to withhold supply.”
Hilton to Sell NYC’s Waldorf Astoria to Chinese Insurer for $1.95 Billion
Bloomberg | 06 October 2014
World’s largest publicly traded hotel operator, agreed to sell the landmark Waldorf Astoria hotel in Manhattan to China’s Anbang Insurance Group Co….
AIG Bailout Trial and Whoppers, Um, Crisis Revisionist History
Naked Capitalism | 03 October 2014
Greenberg is forcing a reexamination of a critical piece of the bailout, the manner in which AIG’s credit default swaps contracts on toxic CODs were paid…
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