More Facebook Insiders Cashing Out
click for larger graphic > Source: Facebook Insiders Boost Plans to Cash Out in IPO SHAYNDI RAICE, ANUPREETA DAS and LYNN COWAN WSJ, May 16, 2012 http://online.wsj.com/article/SB10001424052702303448404577407774136362662.html
The Never Ending Attempts to Eliminate Regulations, Or Why Has Canada Figured This Out While the US Acts Like a Nation Run by Warlord-Banker-Lobbyists ?
Courtesy of snarling bank critics Chris Whalen & Josh Rosner, have a look at 1994′s GAO/GGD-94-133 — its in the Think Tank doc FINANCIAL DERIVATIVES: Actions Needed to Protect the Financial System. Reining in bank recklessness seems to be a never ending task. Unless and until we either go full blown Canadian, or alternatively ringfence...
1994: Actions Needed to Protect the Financial System
Source: US Government Accountability Office
10 Thursday AM Reads
My early morning reads: • Josh’s Notes from the Ira Sohn Conference 2012 (TRB) see also Hedge-Fund Stars Come Out (WSJ) • Indians’ affinity for gold pushing country into debt (Washington Post) • Clive Crook: If Greece Quits Euro, Its Ruin Will Be Pointless (Bloomberg) • Why China’s RMB exodus IS the story (FT.com) see...
1,000 Facebook ‘Likes’ Cost $75
click for NPR audio play audio 20120516_atc_16 Source: For $75, This Guy Will Sell You 1,000 Facebook ‘Likes’ Steve Henn and Zoe Chace NPR, May 16, 2012 http://www.npr.org/blogs/money/2012/05/16/152736671/this-guy-will-sell-you-sell-you-1-000-facebook-likes
Re-Entry Signals Following 10 Month Moving Average Exit
Back in the beginning of the year, I mentioned that Mebane Faber and I were exploring updating his Spring 2007 Journal of Wealth Management paper titled “A Quantitative Approach to Tactical Asset Allocation.” (He is the Chief Investment Officer of Cambria Investment Management). As we discussed back earlier, Meb reviewed a simple timing model — the...
10 Mid-Week PM Reads
My afternoon reading: • Hedge or Bet? Parsing a Trade (WSJ) • Q&A on Facebook’s IPO: What does it mean for you? (Washington Post) • Is Dimon’s ‘Stupid’ Defense a Smart Move? (Yahoo Finance) see also Polishing the Dimon Principle (WSJ) • Accidentally Released – and Incredibly Embarrassing – Documents Show How Goldman et al...
Facebook Stock Certificate Facebook
Click to enlarge:
Source: DC Entertainment
Hat tip contrabandista
10 Mid-Week AM Reads
My early morning reads: • 7 Reasons I Don’t Mind Sitting in Cash (Joe Fahmy) • The hedge funds that are profiting off JPMorgan’s bad trade (CNN Fortune) see also As One JPMorgan Trader Sold Risky Contracts, Another (WTF?!?) One Bought Them (DealBook) • Currency Markets Rev Up (WSJ) • Hitchhiker’s Guide To The ETF...
50 Years Of Government Spending . . .
Of each dollar the federal government spends, how much goes to defense? How much goes to Social Security? How much goes to interest on the debt? And how has this sort of thing changed over time? The graphic below answers these questions. It shows the major components of federal spending 50 years ago, 25 years...
Paul Volcker on Jamie Dimon
Bill Moyers: Dimon has been one of the most outspoken critics of the Volcker Rule, a section of the Dodd-Frank Act that aims to keep the banks in which you deposit your money from gambling it on their own sometimes-risky investments. Now Dimon has announced that risky trades have cost his company $2 billion in...
BNN: Facebook Raises IPO Price Range
Click to watch video:
Source: Business News Network
