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  • Bloomberg Reporters Used Shady Terminal Access To Spy on Finance Types


    GizmodoAuthority Authority: 764
    Trading on Wall Street is basically a huge game of poke,r and it would be kind of hard to bluff or cover your strategy if Bloomberg reporters were watching your Bloomberg terminal to track your every move. So youd assume said reporters wouldnt abuse their corporate affiliation like that, because it would be shady and ...
    1 week ago
  • Literally Every Strategist On Wall Street Has Been Wrong About The Stock Market


    Authority Authority:
    The S&P 500 started last week  at 1,614 , an all-time closing high at the time. And it ended the week  at 1,633 , the current all-time closing high.   This is notable because at the beginning of the year, the most bullish strategist on Wall Street’s sell-side had a 2013 year-end target of 1,615 (See  ...
    1 week ago
  • Wall Street Is Shocked: How Much Does Bloomberg Know?


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    The escalating controversy over  Bloomberg  reporters accessing private information on Wall Street through the company’s terminals puts the data and media empire founded by New York City Mayor  Michael Bloomberg  into strange, new territory. It is now in the rare position of having to explain its actions to an ...
    1 week ago
  • ‘Something Will Break Very Badly’: Marc Faber


    Authority Authority:
    Marc Faber, editor of “The Gloom Boom And Doom Report,” offers his latest views during an interview with “The Globe And Mail” about gold, real estate, and the likelihood of a market crash. Apparently, the fact that the US stock market keeps printing new record highs in one of the strongest bull markets in a ...
    1 week ago
  • Germany’s Big Day: Weekly International ETF Report


    Stock Market News & Stocks to Watch from StraightStocksAuthority Authority: 171
    Germany will release its first quarter GDP reading on May 15, as many investors wonder whether the nation will avoid recession.  Investors anxiously await the Big Day for Germany:  Wednesday, May 15.  If the nation’s first quarter GDP reading is negative, Germany will officially join the rest of the ...
    1 week ago
  • Film Review: ‘Assault on Wall Street’


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    An ugly, unusually audience-pandering thriller from the prickly German director behind such mass-killing sprees as “Postal” and “Rampage,” this one playing like “Margin Call” with grenades.
    1 week ago
  • Putting More Bankers Behind Bars


    Authority Authority:
    American InJusticeBanking Fraud: Few bankers have been charged, let alone given jail sentences, for their malfeasance and fraud in the 2008 economic meltdown. Some argue that their collective actions were merely incompetence, which is less than comforting thought. As The Economist puts it: “But if locking people ...
    1 week ago
  • Fed, Treasury Looking Into Bloomberg Data Security


    Voices on All Things DigitalAuthority Authority: 155
    Bloomberg LP’s disclosure that it had restricted newsroom access to certain customer data prompted an inquiry from the Federal Reserve, the Fed said, as well as the Treasury, according to a person familiar with the situation. “We are looking into this situation and have been in touch with Bloomberg to learn ...
    1 week ago
  • Wall Street Journal: “This Is Water” Commencement Speech Goes Viral on the Net


    Authority Authority:
    The Wall Street Journal has highlighted this commencement speech , and I thought it so good, I had to share it here with my UBC Management students. It is at least as good as Steve Jobs 2005 Stanford commencement address, and it was also given in the same year, 2005. Ironically, this commencement speech is by a ...
    1 week ago
  • Gold Rebound Fades: Weekly Gold ETF Update


    Stock Market News & Stocks to Watch from StraightStocksAuthority Authority: 171
    After beginning a return from 1,321 per ounce on April 16, ongoing resistance at $1,500 has overwhelmed the advance. Gold has been struggling to make a comeback since the mid-April selloff.  Since April 25, the spot price of gold has been testing resistance at $1,500 per ounce, only to find it an unapproachable ...
    1 week ago
  • Euro Continues to Struggle: Weekly Currency ETF Report


    Stock Market News & Stocks to Watch from StraightStocksAuthority Authority: 171
    Mario Draghi and the American dollar cause trouble for the euro. The euro got off to a bad start during the week ending on Friday, May 10.  At his press conference at the conclusion of the European Central Bank governing council’s meeting to announce the key interest rate cut to 0.50 percent on May 3, ECB ...
    1 week ago
  • In House, Maxine Waters Takes New Tack on Banks


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    Since becoming the top Democrat on the House Financial Services Committee, Representative Maxine Waters has softened her tone and vowed to protect bankers’ interests.        
    1 week ago
  • Wall Street Shill Maria Bartiromo Exposes A "Continued Assault On The Banks" (No, Really)


    Authority Authority:
    Watch CNBCs Maria Bartiromo (above) further ingratiating herself with the banksters on Thursday: "While the banks have done wrong, it is time to ask the question, what more does the public want from the banks and why are we trying to destroy this vital industry? Federal Reserve official Dan Tarullos recent speech on ...
    1 week ago
  • The Obama “Jokes” that Aren’t


    The VirginianAuthority Authority: 505
    Glenn Reynolds linked to an article in the Wall Street Journal Tax Audits Are No Laughing Matter; the subhead is “A president shouldnt even joke about abusing IRS power.” Reynolds commented: Remember, Obama joked about auditing his enemies in 2009. At the time, I warned about the damage to the ...
    1 week ago
  • David Gebbia Net Worth


    Authority Authority:
    David Gebbia net worth: David Gebbia is an American executive who has a net worth of $50 million dollars. Based in Beverly Hills, California, David Gebbia is the owner of Stockcross Financial Services, a corporate investment firm. The company was launched in 2002, and has managed clients successfully for the last ...
    1 week ago
  • Group Arrested in Alleged ATM Cybercrime


    Voices on All Things DigitalAuthority Authority: 155
    Federal prosecutors filed charges this week against eight people, accusing them of taking part in a high-tech scheme to steal money from multiple ATMs simultaneously, using stolen prepaid debit-card numbers. The eight were part of a wider plot to steal tens of millions of dollars from locations across the globe, ...
    1 week ago
  • Ask Ariely: On Sealed Bids, Netflix, and Laughing at Your Own Jokes


    Authority Authority:
    Here’s my Q&A column from the WSJ this week  —  and if you have any questions for me, you can tweet them to  @danariely  with the hashtag #askariely, post a comment on my  Ask Ariely Facebook page , or email them to  AskAriely@wsj.com . ______________________________________________________ Dear ...
    1 week ago
  • Jamie Dimon’s Obituary – Written By A Rapper – Thug Life


    Authority Authority:
    Waddup ya’ll… So check this out… I was up at ma shawty’s crib… going down on sista like a boss… and outta nowhere, this nigga, Jamie Dimon or whatever tha fu*k his name was, walks up to me and says, “Bitch, I fu*ked your mom…”… I’m like, this nigga’s going down ya’ll….I looked at him, he ...
    1 week ago
  • The Trials of Father MacRae - The Wall Street Journal


    Authority Authority:
    From Fr. Gordon J. MacRaes blog These Stone Walls , an article today in The Wall Street Journal : Click above to play the video  He was convicted when it was obligatory—as it remains today—to give credence to every accuser charging a priest with molestation. By DOROTHY RABINOWITZ ( The Wall ...
    1 week ago
  • Francis Koster: Deploying Our Investment Capital Locally Yields Better Returns for All


    Authority Authority:
    We are conditioned to think that financial "investing" means sending your capital to Wall Street. There it will be put into paper securities (stocks, bonds, etc.), and hopefully when your next statement arrives, the dollar total is higher than you put in. Theres no connection between the investor and the investment. ...
    1 week ago

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