DealBook's Week in Review: Nobody Is HappyNew York TimesInstitutional investors joined in on proxy fights, JPMorgan's front-line regulator faced a fiery round of questioning, Nasdaq's plan to settle Facebook claims met investor anger and th…
Who is James Koutoulas and how did the 30-year-old commodities investor end up leading the charge to recover $1 billion for customers from one of Wall Street’s biggest bankruptcies?
http://finance.fortu…bal-bankruptcy/
link
One of the main reasons why we have been not so focused on paper representations of real currencies (i.e., gold and silver) is that ever since the MF Global debacle, in which it became all too clear that if physical gold can be “hypothecated” via…
Barrons link
Excerpt:
The trustee overseeing the liquidation of the failed brokerage has proposed dumping all remaining customer assets—gold, silver, cash, options, futures and commodities—into a single pool that would pay customers only 72% of t…
“We certainly don’t want to lead anyone to believe we don’t know what happened. We do know, and we see where all the transactions went,” she said.
In an interview, Sommers told Reuters that just because money was transferred out of a customer account …
Jon Corzine’s testimony could have been sung as a Christmas Carol: (Sung to “God rest ye merry gentlemen”) I guess you clever gentlemen Are wondering…
While market robots find ways to make the most options contracts expire worthless today, allow me to bring you some early holiday cheer, a new…
Europe slid down a Greece slope and the MF’er Corzine blindsided investors, but a record increase in foreign central bank buying and a renewed Treasury…
The market did a spooky about face on Halloween. Was it those MF’n goblins, or Wednesday’s pending appearance of the ghoulish financial grim reaper of…
Washington Post:
I have no problem with delaying the eligibility age. Makes sense with people living longer – if you want 20 years sitting in an armchair waving at the servants, pay for it yourself.
But there’s NO way any cuts to SS should happen b…
