The internet has been abuzz about the NYT’s new pay wall. Basically, after reading 20 articles in a month, you need to pay for a subscription to keep on reading. But there is one big exception: You can read 5 articles a day from Google searches and an unlimited number of articles from social media, [...]
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From an article about AT&T’s new pricing policy, with a bunch of comments about moving to Verizon for their unlimited data plan: Verizon, the largest U.S. wireless carrier, declined to comment on whether it will scrap its advertised unlimited plan, which carries extra charges if customers use more than 5 gigabytes of data a month. [...] Matt Taibbi has another entertaining and informative article on financial reform: The Sanders amendment, if it survives in conference, will lead to some delicious disclosures. Almost exactly a year ago, Sanders questioned Bernanke at a Senate-budget hearing, asking him to NAME the banks that had been bailed out by the Fed. Will you tell the [...] Article on the good and the bad of financial innovation – the cliffs notes version is the one sentence below: Some of these ideas [CDS's, CDO,s, SIV's, etc], as it happens, were reasonable ones, within limits. But limits aren’t something that Wall Street knows much about: in recent years, it has shown an uncanny knack [...] You don’t have to take just my word on it. Charlie Rose interviews Michael Lewis, David Boies, and Andrew Ross Sorkin about the SEC’s case against Goldman. They all agree that what Goldman did probably should be illegal, but that it might not be right now. SEC Case Related Highlights: [...] The government’s argument is that Goldman co-created a pool of investments designed to fail with a notable investor (John Paulson), and then misled their investors as to the quality of the pool. This argument sounds great in the court of public opinion, but in a real court it will fall flat. Goldman disclosed all of [...] Some ideas make you wonder what the creator was smoking when they came up with it. With this one, we pretty much know: On Wednesday, the California secretary of state certified a November vote on a ballot measure that would legalize, tax and regulate marijuana, a plan that advocates say could raise $1.4 billion and [...] From a research paper on international management practices and their effect on firm success: One interesting group are the family firms, defined in our research as firms owned by the descendants of the founder… Those that are family owned and family managed (“Family, Family CEO”) have a large tail of badly managed firms, while [...] Rolling stone has a really (really) long, but interesting comparison of recent wall street moves to real world cons and schemes pulled in movies like Goodfellas and The Sting. Some of the connections are a stretch, but most range between clear cut copies and eerily similar set-ups. I definitely agree that Flash Trading is inherently [...] Great article about possible expansion of college conferences, largely led by football markets. It lays bare a lot of the underlying money issues that separate the best from the rest. Orlando Sentinel – College Gridiron 365 Blog- Orlando Sentinel – College Gridiron 365 Blog. |
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