Money & Markets – Week of 4.07.13

Never Mind Facebook; Winklevoss Twins Rule in Digital Money
Dealbook | 11 April 2013
The Winklevoss twins, Cameron and Tyler — Olympic rowers, nemeses of Mark Zuckerberg…

Bitcoin Crash Spurs Race to Create New Exchanges
Yahoo! Finance | 11 April 2013
The rush to build a more reliable exchange for the virtual currency bitcoin is under way after another price crash on Wednesday…

Why Are So Many People Living Under The Streets Of America?
Market Daily News | 10 April 2013
Did you know that there are thousands upon thousands of homeless people that are living underground…

What Bitcoin Is, and Why It Matters
MIT Technology Review | 25 May 2011
Unlike other currencies, Bitcoin is underwritten not by a government, but by a clever cryptographic scheme…

Top Five EU States Push for Tax Transparency
EUobserver.com | 10 April 2013
France, Germany, Italy, Spain and the UK have agreed to more automatic exchanges…

Andy Kessler: The Pension Rate-of-Return Fantasy
The Wall Street Journal | 09 April 2013
It has been said that an actuary is someone who really wanted to be an accountant…

SEC Money-Market Fund Proposal Two Months Away, Gallagher Says
Bloomberg | 09 April 2013
New rules to reduce risk in money- market mutual funds will be proposed…

Bitcoin Suffers A Correction Amid Apparent DDOS Attacks On Some Exchanges
Tech Crunch | 10 April 2013
Bitcoin is undergoing a classic correction after quintupling in price over the past 30 days…

BitCon: Don’t
Market Ticker | 30 March 2013
Ok, I’ve been asked enough times, here it is — my view and analysis of “Bitcoin”…

Bitcoin Is Crashing
Business Insider | 10 April 2013
It’s shaping up to be a pretty ugly day for Bitcoin…

The Capital of Water
Forbes | 27 March 2013
A brutal January day in Milwaukee: wind chill at 18-below…

Banking Union a Priority for Lew in Europe
Reuters | 08 April 2013
Europe’s economic weakness and financial turmoil affect the U.S. economy…

On The Mississippi, An Industry Is Floating On Taxpayer Money
Forbes | 27 March 2013
The great drought of 2012 was the worst disaster to hit the Mississippi River in 50 years…

Bubble or No, This Virtual Currency Is a Lot of Coin in Any Realm
The New York Times | 07 April 2013
When he was a Yale Law School student, Reuben Grinberg wrote one of the first academic papers about Bitcoin…

Disability Claims Hide Real Unemployment Rate
Examiner.com | 10 February 2013
The recently increased unemployment numbers, as bad as they are, may actually be significantly worse than reported…

IRS Top-Earner Audit Team Picks Off One in Eight
CNBC | 04 April 2013
The IRS has learned the Willie Sutton Principle: when it comes to revenues, go to where the money is…

Countries Rattled by Tax-Haven Data Leak
CBC News | 07 April 2013
The massive leak of offshore financial records that came to light in the past week…