Paulson Leads Funds to Bermuda Tax Dodge Aiding Billionaires
Last year, about $450 million belonging to top executives at billionaire hedge fund manager John Paulson’s New York firm took a quick round trip to Bermuda. In April, the executives sent the money to a...
View ArticleDimon Says Banks to Have More Capital Than They Can Use
Jamie Dimon, the chief executive officer of JPMorgan Chase & Co. (JPM), said banks are accumulating more capital than they need as regulators push lenders to build equity. “I don’t think it’s just...
View ArticleYou can sail into history! Billionaire’s real-life Titanic sequel
This Titanic will have enough lifeboats. Australian billionaire Clive Palmer plans to build Titanic II, a cruise ship that will be a near- replica of the luxurious liner that hit an iceberg and sank in...
View ArticleJPMorgan Traders Lost on 41 Days as ‘London Whale’ Unwinds
JPMorgan Chase & Co. (JPM)’s traders lost money on two days during the fourth quarter, down from 10 in the prior three months, as the largest U.S. bank stabilized a wrong- way bet on credit...
View ArticleEconomy bears turn bulls seeing 3% GDP for U.S. few saw in 2012
Bearish forecasts for the U.S. economy are giving way to more optimistic views of the nation’s ability to weather federal spending cuts and tax increases. At Morgan Stanley in New York, Chief U.S....
View ArticleMarket close indicator
Does anyone know of a good indicator that shows the closing price for each session? So when london closes it will put a mark at the closing price. Same for New York, Tokyo, etc. Found a few with google...
View ArticleIndicator Request for Daily Session Candles.
I need daily candle indicator in which i can input new york opening and closing time. Basically i need for WTI Crude Oil Daily Candle Chart with Opening and Closing Outcry time instead of mt4 server...
View ArticleU.S. charges eight in $45 million cyber crime scheme
In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into their credit card processing firms and withdrawing money from ATMs in...
View ArticleNew York Fed Report Shows Americans Continue to Improve Household Balance Sheets
In its latest Household Debt and Credit Report, the Federal Reserve Bank of New York announced that households continued to improve their finances during the first three months of 2013. Outstanding...
View ArticleNew York claims more proof of bank mortgage abuses
New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage...
View ArticlePresenting The World’s Tallest Skyscraper, Whose Construction Was Just Halted
It appears reality is hitting home in the property bubble capital of the world. The so-called “Skyscraper Index” continues to show an unhealthy correlation between construction of the world’s tallest...
View ArticleMore Car Loans Than Mortgages in US
There are now more auto loans than mortgages in the U.S., but most of them are going to older Americans, according to new data from the Federal Reserve Bank of New York. Americans were holding 84...
View ArticleStratospheric views, and prices in New York
Walking slowly to the windows facing the meadow of green that is Central Park, Gary Barnett slips into salesman mode as he spreads his arms wide, embracing the sweeping bird’s-eye view he has from the...
View ArticleGoldman Sachs confirms foreign exchange probe
Goldman Sachs is the latest major bank confirming that its foreign exchange trading is under investigation. In its third-quarter earnings report filed Thursday, the New York-based investment banking...
View ArticleFormer U.S. Treasury Secretary Geithner to join private equity firm": WSJ
Former U.S. Treasury Secretary Timothy Geithner is joining private-equity firm Warburg Pincus, the Wall Street Journal reported on Saturday. Geithner, who played a major role in combating the global...
View ArticlePotter Says New Repo Tool to Increase Fed’s Control of Rates
Simon Potter, the Federal Reserve Bank of New York’s markets group chief, said the Fed’s reverse repurchase agreement program now being tested will probably play a central role in the eventual removal...
View ArticleCarney: The spirit of the season
It is always a pleasure to be in New York during the festive season. At this time of year in this city everything seems possible. However for some time now, appearances have deceived. The hopes and...
View ArticleDudley Sees Fed Needs Better Grasp of How QE Works
Federal Reserve Bank of New York President William C. Dudley said the Fed needs to better understand how its bond buying provides stimulus to the economy. “We don’t understand fully how large-scale...
View ArticleAnother Look at the US Jobs Data
The significance of the hugely disappointing December jobs report will continue to be debated. One interesting aspect, pointed out by Catherine Rampell at the New York Times, is the gender composition...
View ArticleU.S. Stocks Retreat as Treasuries Advance Amid Data
U.S. stocks fell, with the Standard & Poor’s 500 Index retreating from a record as bank earnings disappointed investors. Treasuries climbed and nickel advanced a fifth day while Turkey led declines...
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