Wal-Mart Sues Visa for $5 Billion Over Card Swipe Fees
Yahoo! Finance | 28 March 2014
Wal-Mart Stores Inc this week sued Visa Inc for $5 billion…
Putin Eyes Russia Credit Card System After Western Sanctions
Yahoo! News | 27 March 2014
President Vladimir Putin on Thursday said Russia should create its own national payment settlement system…
Windfall for Hedge Funds and Russian Banks as IMF Rescues Ukraine
The Telegraph | 27 March 2014
Ukraine’s premier said his country was “on the edge of economic and financial bankruptcy”…
A Total Equity Solution for Private Companies
NASDAQ Private Market
NASDAQ Private Market’s Total Equity Solution enables private companies to efficiently attract institutional investors…
Former BofA CEO Ken Lewis Banned as Public Co. Officer
Yahoo! Finance | 26 March 2014
Former Bank of America chief executive Kenneth Lewis was banned by New York Wednesday from serving as a public company…
The Economic Scam of the Century
Information Clearing House | 26 March 2014
The leaders of the U.S. Senate Banking Committee…
UBS Said to Suspend Traders in New York, Zurich, Singapore
Bloomberg | 27 March 2014
UBS AG (UBSN) suspended foreign-exchange traders in the U.S….
ECB Mulls Bolder Moves to Prevent Low Inflation
Marketwatch | 26 March 2014
Negative interest rates and asset purchases among the considerations…
Americans Can’t Retire When Bill Gross Sees Repression
Bloomberg | 25 March 2014
Twelve years after retiring as a telephone repairman…
The Rise Of The $156 Trillion Market For Global Financial Assets
Business Insider | 25 March 2014
The rise of the global financial markets has brought both wealth and risk to almost every crevice of the world…
Russia’s Sberbank Warns of Recession Risk
Reuters | 24 March 2014
Russia is at risk of recession as investors pull money out of the country…
IRS Says Bitcoin Will be Taxed Like Property
Yahoo! Finance | 25 March 2014
Virtual currencies like bitcoin will be taxed like property — not currency, the Internal Revenue Service said Tuesday…
Jeremy Grantham: The Fed is Killing the Recovery
CNN Money | 24 March 2014
The money manager argues that the Fed’s interventions have ruined the very recovery it was supposed to stimulate and that the market is poised to disappoint investors…
Russia Prepares Mega-Deal With India After Locking Up China With “Holy Grail” Gas Deal
Zero Hedge | 25 March 2014
Last week we reported that while the West was busy alienating Russia in every diplomatic way possible…
What A Surprise! It Turns Out They Lied About The Deficit Last Year
Zero Hedge | 20 March 2014
Some of us have been there…
The Honeymoon Is Over: Ukraine To Stun Citizens With 40% Gas Price Hike
Zero Hedge | 20 March 2014
Back in 2011, when as part of the Arab Spring one after another regime were toppled in North Africa following violent coups…
Ukraine Goes Cyprus 2.0, To Tax Deposits Over 100,000 Hryvnia (To Appease IMF?)
Zero Hedge | 20 March 2014
It would appear the IMF’s dirty little fingerprints are all over this latest piece of legislation in Ukraine…
Another Putin Oligarch Dumps His Shares Ahead Of Sanctions
Zero Hedge | 20 March 2014
Last week we discovered that Gazprom’s Chairman Viktor Zubkov sold his entire stake in the company days before the Crimean invasion…
50 Smartest Companies 2014
MIT Technology Review
It might sound difficult to define what makes a smart company, but you know one when you see it…
Bitcoin Swaps Near Reality as Tera Creates Legal Framework
Bloomberg | 24 March 2014
Tera Group Inc. created a framework for buying and selling swaps linked to Bitcoin…
The Most Important Company In Europe
Zero Hedge | 22 March 2014
There is a reason why in the past we have referred to Russia simply as Gazpromia. Here is why…
IMF’s Lagarde Says Can’t Do Much About Reform Without U.S. Support
Reuters | 23 March 2014
International Monetary Fund chief Christine Lagarde said on Sunday…
The Bretton Woods Committee’s Letter to Congress
The Bretton Woods Committee | 12 March 2014
Dear Majority Leader Reid, Speaker Boehner, Minority Leader McConnell and Minority Leader Pelosi…
The Bretton Woods Committee
Philosophy of Metrics | 20 March 2014
This post comes from the hard work of readers BGSV and DANEACKERMAN who have been digging for nuggets of truth…
Cold War “Lite” – The Battle Over the Russian Rouble
Financial Sense | 21 March 2014
The confrontation over Ukraine has the potential for spiraling out of control and could lead to “serious problems in the heart of Europe”…
Pay it Forward: Plan Would Allow Michigan Students to Attend College for ‘Free’
Detroit Free Press | 19 March 2014
The latest, greatest idea for making a college education affordable sounds simple enough: Students can attend school for free…
Tumbling Chinese Yuan Sets Off ‘Carry Trade’ Rout, Triggers Derivatives Contracts
The Telegraph | 20 March 2014
China’s yuan has suffered its biggest one-week fall in 20 years…