Money & Markets – Week of 03.16.14

LARRY PAGE: I Would Rather Give My Billions To Elon Musk Than Charity
Business Insider | 20 March 2014
Google CEO Larry Page has an unusual idea about what should happen to his billions should he die…

Poisoning The Well? Nestlé Accused Of Exploiting Water Supplies For Bottled Brands
World Crunch | 19 January 2014
A new documentary film takes food giant Nestlé to task for its water bottling practices…

U.S. Businesses Battle Rising Costs, Rip-Offs in China
USA Today | 19 March 2014
As more Chinese get behind the wheel, the Ford Focus has become the best-selling passenger car in China, driving Ford China sales up by 67% last month…

Goldman Explains What Must Happen For The “5 Year Bull Market” To Continue
Zero Hedge | 17 March 2014
Earlier we noted one of the observations noted by Goldman’s David Kostin as part of his weekly market summary…

Debtor Nation: Americans Pay Interest on $163 Billion Held by Top Tech Firms Overseas
RT | 14 March 2014
United States taxpayers make large interest payments to the top four technology firms for the $163 billion…

Trader Kills Self in Finance World’s Latest Suicide
New York Post | 12 March 2014
A Manhattan trader was killed Tuesday morning by a speeding Long Island Rail Road commuter train…

If Successful, Fukushima Class Actions Could Wipe Out GE
Courthouse News Service | 12 March 2014
General Electric faces two multibillion-dollar class actions from people hurt by the Fukushima nuclear disaster and its aftermath…

Public Sector Pension Plans Do Not Pass the “Smell Test”
Fox and Hounds Daily | 06 March 2014
“Pew’s relationship with the Arnold Foundation does not pass the smell test…”

New Jersey Bans Tesla to Ensure Buying a Car Will Always Suck
Wired | 12 March 2014
New Jersey is banning Tesla…

Mar 17, 2014 – The Ever Shrinking Investor Time Horizon
Financial Perspectives | 17 March 2014
The attention span of today’s investors give ADHD a bad name and has driven an obsession with the short term…

U.S. Standard of Living Has Fallen More Than 50%: Opinion
The Street | 03 April 2012
In writing about the relentless collapse of Western economies, I frequently point to “40 years of plummeting wages”…

Alibaba Said to Plan to File for U.S. IPO as Soon as April
Bloomberg | 14 March 2014
Alibaba Group Holding Ltd., poised for the biggest initial public offering since 2012…

Was that Russia Transferring Dollar Holdings Offshore?
CNBC | 14 March 2014
The Fed’s custody holdings report is usually a sleeper…

Fire-Sale of US Treasuries is a Warning of Acute Stress Across the World
The Telegraph | 14 March 2014
Somebody is a selling a fistful of US Treasuries…

U.S. Regulator Sues 16 Banks for Rigging Libor Rate
Reuters | 14 March 2014
The Federal Deposit Insurance Corp sued 16 of the world’s largest banks on Friday…