Money & Markets – Week of 08.04.13

Pope Francis Tightens Vatican Bank Controls
BBC News | 08 August 2013
The Pope has stepped up the fight against corruption at the Vatican by strengthening supervision of financial transactions at its internal bank…

Bank of England Ties Interest Rates to Fall in Unemployment
The Telegraph | 07 August 2013
Mark Carney has torn up the Bank of England rulebook with a clear signal…

Americans With Best Credit in Decades Drive U.S. Economy
Bloomberg | 05 August 2013
Americans have made progress putting their finances in order and are ready to borrow again…

How Private Equity Is Driving Value
CFO | 05 August 2013
A new study finds that financial-sponsor-backed companies are outperforming their publicly held peers…

Pension Relief, Currency Ills
The Wall Street Journal | 06 August 2013
Flusher pension funds, weaker foreign currencies and record cash holdings…

Crowdfunding Main Street: The Genesis of a Small Business Revolution
The Crowd Cafe | 03 January 2013
Crowdfunding Main Street is a five-part series that expresses my personal thoughts…

U.S. Accuses Bank of America of Mortgage-Backed Securities Fraud
Yahoo! Finance | 06 August 2013
The U.S. government on Tuesday filed two civil lawsuits against Bank of America…

The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks
The Web of Debt Blog | 05 August 2013
The Detroit bankruptcy is looking suspiciously like the bail-in template…

Detroit Hits Rock Bottom
The New Economy | 05 August 2013
As Detroit continues to tumble down a steep slope of decay…

The Recent Bond Market Selloff in Historical Perspective
Liberty Street Economics | 05 August 2013
Long-term Treasury yields have risen sharply in recent months…