Money & Markets – Week of 08.25.13

All Legal Same-Sex Marriages to be Recognized for Tax Purposes, IRS Says
Journal of Accountancy | 29 August 2013
In the wake of the Supreme Court’s Windsor decision invalidating a portion of the Defense of Marriage Act…

America’s New Pastime: JPMorgan Investigations
Bloomberg | 29 August 2013
Hardly a week goes by without a new report about a government investigation of JPMorgan Chase & Co. (JPM)…

U.S. and Switzerland Are Close to Deal on Penalizing Banks in Tax Case
Dealbook | 28 August 2013
Switzerland and the United States are close to announcing an agreement to end their long dispute over how to punish banks…

After a Suicide, Chairman of Zurich Insurance Quits
Yahoo! Finance | 29 August 2013
Josef Ackermann, former chief executive of Deutsche Bank and one of Europe’s best-known business leaders…

Chase, Once Considered ‘The Good Bank,’ Is About to Pay Another Massive Settlement
Rolling Stone | 18 July 2013
During the financial crisis, while Dr. Evil-ish Wall Street villains like Goldman and Lehman Brothers…

Indian Rupee Collapses By Most In Over 20 Years
Zero Hedge | 28 August 2013
From a weak open, the Indian Rupee has now plunged…

UPDATE 1-U.S. Equity Funds Have Biggest Outflow Since June 2008 – BofA
Reuters | 23 August 2013
Investors worldwide withdrew $14.3 billion from U.S. equity funds in the latest week…

Judge to Rule on San Bernardino Bankruptcy, Pensions Loom
Reuters | 25 August 2013
The city of San Bernardino is expected to learn on Wednesday…

Can An Hour-Long Aptitude Test Predict Startup Home Runs? Adeo Ressi Thinks So
Forbes | 21 November 2012
Adeo Ressi believes he can read the future…

SoMoLend CEO Candace Klein Resigns
Cincinnati.com | 14 August 2013
Candace Klein resigned Wednesday as head of SoMoLend Holdings LLC…

Platinum Card and Text Alert, via Pawnshop
Dealbook | 24 August 2013
Linda Ballard, 61, uses the word “love” to describe her banking relationship…