Swiss Billionaire Meyer Forms Fortune With Kissing Party
Bloomberg | 01 March 2013
Dressed in nothing but their lingerie and boxer shorts, more than 300 shoppers lined…
Ousted Groupon CEO Andrew Mason Writes the Best Exit Memo Ever
Yahoo! Finance | 28 February 2013
Last night after this piece was published, Groupon (GRPN) announced that Andrew Mason…
Goldman Has Fewest Trading-Day Losses Since at Least 2004
Bloomberg | 01 March 2013
Goldman Sachs Group Inc. (GS), which generated 53 percent of revenue from sales…
Druckenmiller Sees Storm Worse Than ’08 as Retirees Steal
Bloomberg | 01 March 2013
Stan Druckenmiller, one of the best-performing hedge fund managers of the past…
Argentina Says It Won’t Voluntarily Comply With Bond Ruling
Bloomberg | 28 February 2013
Argentina’s claim that a U.S. court can’t tie its obligation to make…
Gold vs the US Retailers: YTD
Yahoo! Finance
Yuan Overtakes Ruble as World Payments Currency: SWIFT
Bloomberg | 27 February 2013
For the first time, China’s yuan has overtaken the Russian ruble for transactions…
Startup Visa Could Create At Least 1.6 Million U.S. Jobs in Next 10 Years, According to Kauffman Foundation Report
Kauffman Foundation | 27 February 2013
Startup Visas would unleash a torrent of entrepreneurial energy among…
Investors See Hedge Fund Growth, Settle For Lower Returns
FIN Alternatives | 25 February 2013
Alternative investment assets will return to their all-time high…
EU Tax Chief Urges U.S. Support for Transactions Levy
Bloomberg | 26 February 2013
The European Union’s tax commissioner urged U.S. supporters of…
Obama’s Warning on Automatic Cuts Obscures Threats Ahead
Bloomberg | 26 February 2013
While President Barack Obama warns of the dire economic impact from…
Four Largest Banks Are Now Almost As Big As US GDP: Accounting Hides Risks – Taleb on Fragility
Jesse’s Cafe American | 20 February 2013
This is what happens when one allows the Banks to write their own reform…
IRS Notice on Suspension of Annual PFIC Reporting Requirements
IRS
Section 511 of the Hiring Incentives to Restore Employment Act…
LATEST IRS NEWS — ANNUAL REPORTING — Foreign Mutual Funds and other “PFIC” Investments
Anglo Info | 11 February 2013
We see many American investors who have invested in foreign (non-US) mutual…
Citigroup’s Man Goes to the Treasury Department
Bloomberg | 21 February 2013
Jack Lew is the nominee for Treasury secretary whose own bonus as…
CME Said to Approach Deutsche Boerse to Weigh Deal Talks
Bloomberg | 25 February 2013
CME Group Inc. (CME), the world’s largest futures exchange, has approached…
Historical Perspective
Financial Perspectives | 11 February 2013
Ever wonder how the market performs in a post-election year?
Economist: Why the Middle Class Is Declining
Yahoo! Finance | 24 February 2013
The American middle class is “hollowing out” as the U.S. economy…
Which Tax Deductions Are Most Likely to Go?
Yahoo! Finance | 24 February 2013
Tax loopholes and deductions are under immediate scrutiny in efforts to cut…
Gassley: Questions About Lew, NYU-Citibank Deal ‘Distressing’
Breitbart | 22 February 2013
Obama Treasury Secretary nominee Jack Lew says he is not sure whether…
The Ph.D Bust: America’s Awful Market for Young Scientists—in 7 Charts
The Atlantic | 20 February 2013
Politicians and businessmen are fond of talking about America’s scientist shortage…