Displaying all articles tagged:

Finance

  1. the left
    The War on CashCash payments are on the wane, and that’s probably a bad thing.
  2. the money game
    Buy Now. Pay (and Pay, and Pay, and Pay) Later.The bill for the finance hack of the pandemic is coming due — for all of us.
  3. the money game
    Crypto Confronts the War in UkraineFor the big trading platforms, the Russian invasion has turned borderlessness into a liability.
  4. the money game
    Goldman Sachs CEO Says Ostracizing Russia Isn’t the Finance Industry’s JobDavid Solomon framed his company’s withdrawal from the country as obeying the law, not a criticism of Russia or its aggression.
  5. bitcoin
    Diamond Hands in the RoughWatching billions get wiped out doesn’t shake a new kind of trader who’s used to 24/7 crypto chaos.
  6. wall street
    The End of the Pandemic Boom Is NighNetflix, Peloton, and other Wall Street winners of the pandemic economy are running out of steam.
  7. labor
    Miners vs. VulturesA lengthy strike calls attention to the practices of private equity.
  8. the money game
    Last Sane Man on Wall StreetNathan Anderson made his name exposing — and betting against — corporate fraud. But short selling in a frothy pandemic economy can be ruinous.
  9. wall street
    BlackRock Is Going Viral on TikTok As a Free Place to Pee“You guys can all judge me if you want, but I do not care. I have never, ever been happier!”
  10. finance
    Chamath Palihapitiya Is ‘Not Even Sure That China Is a Dictatorship’When the VC downplayed Uighur oppression on a podcast, he didn’t mention his deep business ties to China.
  11. technology
    A Normie’s Guide to Becoming a Crypto PersonHow to (cautiously and skeptically) fall down the rabbit hole.
  12. the money game
    Revolt of the Goldman JuniorsCrushed by pandemic workloads, Wall Street’s youngest want more money and better conditions. But mostly more money.
  13. encounter
    Litquidity Capital Is the Meme King of Wall StreetTalking to the anonymous banker chronicling our weird, get-rich-quick economy.
  14. cryptocurrencies
    Why Dogecoin, the Joke Crypto, Is Forcing People to Take It SeriouslyDespite the fact its founders designed it to be devoid of value, the meme bitcoin-copycat has now reached Wall Street–like proportions.
  15. money
    A Unified Monetary Theory of Beeple and BidenIn a system rigged by the rich, outsiders have to make their own volatility.
  16. money
    I’m Rich Now. It’s Weird.Confessions of an overnight tech millionaire.
  17. money
    You’re Not Crazy. Money Is.Welcome to the non-fungible, memeified, cryptodenominated, degenerate future of finance.
  18. money
    The NFT LedgerFrom memes to arts to farts, here are notable collectibles that have been bought and sold this year.
  19. stonks
    How Redditors Beat Hedge Funds at Their Own Game(Stop)Get rich or lol trying.
  20. finance
    Wall Street’s Millennial Wonder Readies Her Next ActLauren Simmons, the youngest woman ever on the New York Stock Exchange, on her new show, diversity, and the future crash.
  21. the money game
    What Explains Bitcoin’s Resurgence?Written off for dead by many after falling 90 percent, the cryptocurrency is back at all-time highs. Believe it or not, a lot has changed.
  22. just asking questions
    Jeffrey Gundlach on Recession Odds, Bitcoin, and Why Trump Might Not Run AgainThe bond-market maven expects things to get wild in 2020.
  23. the stock market
    Dow Plunges More Than 650 Points, the Worst Christmas Eve Trading Day EverMeanwhile, Trump tweeted attacks on the Fed from the White House.
  24. wall street
    Goldman CEO Is Shocked – Shocked – to Find Fraud Is Going On in HereCEO David Solomon said that he is “personally outraged” over his bank’s role in abetting financial fraud in Malaysia.
  25. Democrats to Gut Banking Regulations, for Bipartisanship’s SakeIn the Senate, lawmakers put aside their differences, and work together to help banks abuse consumers and jeopardize our financial system.
  26. Some Wall Street Traders Preparing for ‘Big, Fat Zeroes’ in Bonus SeasonBreak out the tiny violins.
  27. A JPMorgan Banker Plotted to Steal $5 Million to Pay His Gambling DebtsCrime does not pay.
  28. No One Wants to Open an Account at Wells Fargo AnymoreThe bank is signing up fewer customers since its fake-accounts scandal.
  29. finance
    Wells Fargo CEO John Stumpf Steps Down Amid ScandalSenator Elizabeth Warren had called for his resignation.
  30. Wells Fargo CEO Forced to Give Up $41 Million for Bank’s ScandalHe’s still very rich.
  31. Former Wells Fargo Employees Say They Were Fired for Whistle-blowing“They ruined my life.”
  32. select all
    Who Needs Bankers When You Have Robots?They have already invaded the market. Their total victory is where things get interesting.
  33. Wells Fargo Blames Employees for Fraud With Senate Hearing a Week AwayElizabeth Warren is going to be angry.
  34. fraud
    Why It’s Unlikely Anyone Will Go to Jail Over Wells Fargo’s Massive Fraud SchemeThe Department of Justice has established a pattern on this sort of thing.
  35. Wells Fargo Hit With $185 Million in Fines for Years of Screwing CustomersThe bank also fired 5,300 employees.
  36. Stop Making Dudes Named ‘John’ and ‘David’ CEOsAdd up all the women running big companies, and men named John or David still outnumber them.
  37. white men with bailout money
    AIG CEO Bob Benmosche Resigns, For Real This TimeThe colorful, self-described “in-your-face” CEO that led the company back from the brink of collapse is retiring.
  38. white men with money and spare time
    The Goldman Sachs Elevator Tweeter Never Worked at Goldman SachsHe’s a former bond executive who lives in Texas.
  39. white men with money
    Judge Signs Off on Bank of America’s $8.5 Billion Investor Settlement Which they first agreed to pay over two years ago.
  40. Ex-Hedge-Funder Shares ‘Wealth Addiction’ StorySam Polk wants everyone to stop enabling Wall Street money junkies like him.
  41. bain of his existence
    Private Equity Firms Subpoenaed Over Tax ProcessNew York’s attorney general is looking into their use of management fee waivers, which allow income to be taxed at the capital gains rate.
  42. wall street morality
    Breaking: Wall Street’s Morality Not Spotless*Sirens*
  43. obits
    Market-Moving Journalist Dan Dorfman Dies at 80Author of New York’s “Bottom Line” column.
  44. Goldman Sachs Laid Off 50 EmployeesMany were managing directors.
  45. london whale
    Meet the Man on the Other Side of JPMorgan’s $2 Billion Bad Trade38-year-old hedge-funder Boaz Weinstein.
  46. wall street
    Ina Drew: JPMorgan’s Sacrificial Ma’amBehind every Wall Street scandal, there’s a female executive to take the fall.
  47. jpmorgan chase
    Obama Says JPMorgan ‘One of the Best-Managed Banks There Is’Backhanded compliment?
  48. white men losing money
    JPMorgan Not Done Answering for $2 Billion LossThe fallout from the $2 billion loss isn’t over yet.
  49. jp morgan chase
    Three JPMorgan Executives to Exit This Week Owing to Massive Loss [Update]They are being held accountable.
  50. dimonfreude
    Dimonfreude: Jamie Dimon’s $2 Billion Loss Is His Enemies’ GainThe SEC and Carl Levin are the latest to join the JPMorgan pile-on.
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