Money & Markets – Week of 01.26.14

Movement is Life-Catherine Austin Fitts
http://youtu.be/SpNziDyKuic
USA Watchdog | 27 January 2014
Investment advisor Catherine Austin Fitts knows the economy is bad, but not all bad…

Yellen to be sworn in as first woman Fed chair next week
Yahoo! | 30 January 2014
Janet Yellen, the first woman to chair the Federal Reserve in its 100-year history…

Two Top American Bankers Commit Suicide in London as One Jumps 500ft to His Death From JP Morgan Skyscraper and Another Hangs Himself in Luxury Home
The Daily Mail | 28 January 2014
Two top ranking American bankers working in senior positions in London have committed suicide in the space of two days…

Record Cash Leaves Emerging Market ETFs on Lira Drop
Bloomberg | 30 January 2014
Investors are pulling money from exchange-traded funds that track emerging markets at the fastest rate on record…

Sightly Snags $1.7M To Expand Its Localized Online Video Ad Business
Tech Crunch | 28 January 2014
Sightly, a company that helps businesses create localized online video ad campaigns, has raised $1.7 million in seed funding…

Fed Will Continue To Taper Its Stimulus Program
NPR News | 29 January 2014
Because the economy continues to improve since it started tapering its stimulus program…

HSBC Dumps Small Businesses for International Profiles
CBC News | 28 January 2014
The banking giant is sending letters to customers giving them 60 days to find a new bank…

Argentina Limits Monthly Dollar Purchases to $2000
MarketWatch | 27 January 2014
Argentina’s government on Monday limited monthly dollar purchases by Argentines to $2,000, according to reports…

Start-ups Challenge Big Banks’ Technology
BBC News | 27 January 2014
Big banks beware – innovative technology challengers are coming to eat your lunch…

Bundesbank’s Stunner To Broke Eurozone Nations: First “Bail In” Your Rich Citizens
Zero Hedge | 27 January 2014
In what is sure to be met with cries of derision across the European Union…

Obama Unveils Savings Proposal for Workers Lacking 401(k)
Bloomberg | 29 January 2014
President Barack Obama is offering more Americans the chance to put away money for retirement through payroll deductions with a plan for new government-sponsored savings accounts…

JPMorgan Technology VP Dies in Fall From London Headquarters
Bloomberg | 28 January 2014
A vice president in technology operations, Gabriel Magee, died after falling from JPMorgan Chase & Co.’s London headquarters, the bank said today…

Millennials Chary of Long-Term Investing
Investment News | 27 January 2014
Shell-shocked by market crises, Gen Y holds onto cash, doesn’t use advisers, survey says…

Google and Samsung Sign Global Patent Deal
BBC News | 27 January 2014
Google and Samsung have signed a global patent cross-licensing agreement aimed at reducing “the potential for litigation” and enhancing innovation…

As PC Sales Drop, Intel Delays A Plant Opening And Cuts Jobs
NPR | 27 January 2014
As far as factories go, this one was about as ballyhooed as they come…

Swiss Banks Seek Tax Amnesty as Third Accept U.S. Offer
Bloomberg | 26 January 2014
One-third of Swiss banks offered amnesty by the U.S. for helping Americans evade taxes have applied for the program…

Analysis: Emerging Markets Rout a Reality Check for Davos Elite
Reuters | 26 January 2014
Just as they were getting their swagger back, the global elite stumbled last week…

First HSBC Halts Large Withdrawals, Now Lloyds ATMs Stop Working
Zero Hedge | 26 January 2014
First HSBC bungles up an attempt at pseudo-capital controls by explaining that large cash withdrawals need a justification…

Furious Backlash Forces HSBC To Scrap Large Cash Withdrawal Limit
Zero Hedge | 26 January 2014
Following the quiet update that HSBC had decided to withhold large cash withdrawals from some if its clients…

Chinese Use Mobile Apps to Move Savings Into Money-Market Funds
Bloomberg | 16 January 2014
Rebecca Ning can improve the yield on her savings by tapping her phone…

Exclusive: Global Regulators Eye Forex Benchmarks After Rigging Probe
Reuters | 24 January 2014
A powerful global financial regulator will scrutinize benchmarks used in currency trading…