Inside The Jobs Act: Equity Crowdfunding
Forbes | 06 November 2012
In the spring of 2012, President Obama passed an act that will drastically alter the landscape of crowdfunding platforms.
Fed Delays Basel III Rules Indefinitely
Silver Doctors | 09 November 2012
The Fed issued a statement Friday morning that they are delaying the implementation of the Basel III capital rules which were to go into effect January 1st.
McDonald’s Sales Drop for First Time Since 2003
Yahoo Finance | 08 November 2012
McDonald’s Corp. is having a tough time stomaching the competition.
DTCC Operations Ran During Sandy, Vault Status Still Unclear
Bloomberg Businessweek | 07 November 2012
The Depository Trust & Clearing Corp. processed about $19 trillion in securities trades last week even as Hurricane Sandy submerged its 40-year-old underground Manhattan vault holding physical stock and bond certificates.
Did Hurricane Sandy Cause $36.5 Trillion In Damage?
Business Insider | 04 November 2012
First of all: the answer to the title question is, as far as I can see: no.
Hurricane Sandy Destroys Trillions Of Dollars Of Securities But That’s No Big Deal
Dealbreaker | 02 November 2012
I’m a little obsessed with the Depository Trust & Clearing Corp.
American Express and Walmart Launch Bluebird: a New Alternative to Debit and Checking Accounts
CNN Money | 08 October 2012
Walmart and American Express today announced the launch of Bluebird, an alternative to debit and checking accounts designed to help consumers better manage and control their everyday finances.
Stock Certificates Feared Damaged by Sandy
CNN Money | 02 November 2012
Trillions of dollars worth of stock certificates and other paper securities that were stored in a vault in lower Manhattan may have suffered water damage from Superstorm Sandy.
Investors take stock risk while exiting money market funds-EPFR
Reuters | 02 November 2012
Investors worldwide put money in U.S. stock funds for the first time since mid-September while emptying out of money market funds in a sign of renewed vigor for stocks, data from EPFR Global showed on Friday.
IRS Extends Deadlines, Provides Relief for Hurricane Sandy Victims
Journal of Accountancy | 02 November 2012
Late on Friday, the IRS announced various tax relief measures for individuals and businesses affected by Hurricane Sandy in Connecticut, New Jersey, and New York (e-News for Tax Professionals No. 2012-44).
R.B.S. Expects Fine Over Libor Investigation
The New York Times Deal Book | 02 November 2012
Royal Bank of Scotland said on Friday that it would probably face financial penalties connected to a broad investigation into rate-rigging, as the bank reported a net loss in the third quarter of the year.
Middle Class Faces Quick Impact From Fiscal Cliff in Form of Alternative Minimum Tax
The Washington Post | 04 November 2012
The best hope for a deal to avoid the “fiscal cliff” may lie with the alternative minimum tax, an obscure provision of the tax code that is about to become alarmingly relevant to millions of middle-class taxpayers.
Financial Perspectives for October 5th, 2012
Financial Perspectives | 05 October 2012
The Labor Department delivered some decent news Friday, reporting that the nation’s employers added 171,000 jobs in October, plus 84,000 more jobs in August and September than initially estimated.
The decade of the CIVETS
Business Without Borders | 07 May 2012
The past decade was all about the BRICs, the massive economies of Brazil, Russia, India and China, which kicked off at the beginning of the new century, boomed and are now slowing like the rest of the developed world.