Visual source: Newseum
Joe Nocera in The New York Times thinks banking should be "more boring":
We know that JPMorgan’s chief investment office, which had orchestrated the debt purchases, decided to hedge the entire portfolio by selling credit default swaps against a corporate bond index. You remember our old friends, credit default swaps, don’t you? Three years ago, they nearly brought down the financial world. Not content with its hedge, it then hedged against the hedge. It was all very...
Details of the bust were to be released at a news conference, but early news reports said the suspects were six Estonian nationals associated with the firm Rove Digital in Tartu and one Russian national, six of whom were arrested by Estonian authorities on Tuesday. The U.S. was seeking their...
A Statement by Americans Elect CEO Kahlil ByrdOver the past two years, Americans Elect has focused on achieving three clear goals:
* Gaining nationwide ballot access for a third presidential ticket to compete in the 2012 race;
* Holding the first ever nonpartisan secure national online primary at AmericansElect.org; and
* Fielding a credible, balanced, unaffiliated ticket for the 2012 presidential race.
Through the efforts of thousands of...
Another model had an unadvertised special, but Langehennig didn't want to buy it without checking the reviews. But he didn't have the magazine's app or mobile site loaded on his new phone. So he drove 30 miles home to use his computer. Fortunately, the other TV was still at the store when he got back.
"It would have been great to have the app right there in front of me," Langehennig says. Shopping...
I wasn't invited. Chances are you weren't either. And neither was Sen. Bernie Sanders. But that isn't stopping the Vermont independent from showing up to join a little protest rally outside the summit's venue at 1301...
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