Linkfest: Icahn v. Apple; BlackBerry’s rise and fall; Cracks in Bitcoin bubble
Categories: Linkfest
Today’s most shared: Treasury chief declares victory in financial reform… Volcker rule won’t allow London Whale type ‘hedges’… BlackBerry’s rise and fall… Icahn steps up pressure on Apple as China Mobile deal finally inked… Greenspan says Bitcoin is a bubble, China bans banks from Bitcoin… Daily Show lampoons Blackstone.
Treasury Chief to Declare Big Gains in Financial Reform
New York Times
In a broad policy speech, Treasury Secretary Jacob J. Lew will assert that a bank bailout in any future crisis is much less likely, but he will also urge overseas regulators to make their rules tougher.
shared by @nasiripour, @MarkThoma, @morningmoneyben, Crossing Wall Street, @CMEGroup
New York Times
In a broad policy speech, Treasury Secretary Jacob J. Lew will assert that a bank bailout in any future crisis is much less likely, but he will also urge overseas regulators to make their rules tougher.
shared by @nasiripour, @MarkThoma, @morningmoneyben, Crossing Wall Street, @CMEGroup
Volcker Rule Won’t Allow Banks to Use ’Portfolio Hedging’
Wall Street Journal
In a defeat for Wall Street, the "Volcker rule" won’t allow banks to enter trades designed to protect against losses held in a broad portfolio of assets, according to people familiar with the rule.
shared by @volatilitysmile, @eisingerj, @rortybomb, @munilass
Wall Street Journal
In a defeat for Wall Street, the "Volcker rule" won’t allow banks to enter trades designed to protect against losses held in a broad portfolio of assets, according to people familiar with the rule.
shared by @volatilitysmile, @eisingerj, @rortybomb, @munilass
The Rise and Fall of BlackBerry: An Oral History
Bloomberg Businessweek
“There wasn’t a meeting I couldn’t get. All I had to say was, ‘Hey, I’m bringing the BlackBerrys’”
shared by NYT Dealbook, @volatilitysmile, @kevinroose, @MichaelKitces
Bloomberg Businessweek
“There wasn’t a meeting I couldn’t get. All I had to say was, ‘Hey, I’m bringing the BlackBerrys’”
shared by NYT Dealbook, @volatilitysmile, @kevinroose, @MichaelKitces
Wrath of Icahn: Billionaire Investor Steps Up Pressure on Apple
Time
The richest man on Wall Street is opening a new front in his quest to persuade Apple to part with more of its massive cash stockpile.
shared by @TheStalwart, NYT Dealbook, @SimoneFoxman, @ReformedBroker
Time
The richest man on Wall Street is opening a new front in his quest to persuade Apple to part with more of its massive cash stockpile.
shared by @TheStalwart, NYT Dealbook, @SimoneFoxman, @ReformedBroker
A China Mobile deal would let Apple access a subscriber base seven times that of Verizon
Wall Street Journal
China Mobile signed a long-awaited deal with Apple to offer iPhones on its network, an arrangement that would give the U.S. technology giant a big boost in the world’s largest mobile market.
shared by @ritholtz, @ReformedBroker, @peter_tl, Reformed Broker, @hblodget, @Techmeme
Wall Street Journal
China Mobile signed a long-awaited deal with Apple to offer iPhones on its network, an arrangement that would give the U.S. technology giant a big boost in the world’s largest mobile market.
shared by @ritholtz, @ReformedBroker, @peter_tl, Reformed Broker, @hblodget, @Techmeme
Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value
Bloomberg
Former Federal Reserve Chairman Alan Greenspan said Bitcoin prices are unsustainably high after surging 89-fold in a year and that the virtual money isn’t currency.
shared by NYT Dealbook, @ritholtz, Naked Capitalism, @lucymarcus
Bloomberg
Former Federal Reserve Chairman Alan Greenspan said Bitcoin prices are unsustainably high after surging 89-fold in a year and that the virtual money isn’t currency.
shared by NYT Dealbook, @ritholtz, Naked Capitalism, @lucymarcus
China Bans Financial Companies From Bitcoin Transactions
Bloomberg
China’s central bank barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a surge of investor interest in the country.
shared by @lucymarcus, reddit/Economics, @newsycombinator, @Techmeme, @JohnLothian
Bloomberg
China’s central bank barred financial institutions from handling Bitcoin transactions, moving to regulate the virtual currency after an 89-fold jump in its value sparked a surge of investor interest in the country.
shared by @lucymarcus, reddit/Economics, @newsycombinator, @Techmeme, @JohnLothian
SEC Charges Fifth Third Bancorp and Former CFO for Improper Accounting of Substantial Loan Losses During Financial Crisis
SEC.gov
shared by NYT Dealbook, @JoeSaluzzi, @IvanTheK
SEC.gov
shared by NYT Dealbook, @JoeSaluzzi, @IvanTheK
U.S. Banks Again Fail to Comply With Parts of Mortgage Settlement
Wall Street Journal
Bank of America, JP Morgan and Citigroup each fail at least two metrics.
shared by @edwardnh, @nasiripour, @pdacosta
Wall Street Journal
Bank of America, JP Morgan and Citigroup each fail at least two metrics.
shared by @edwardnh, @nasiripour, @pdacosta
“Microfoundations”: I Do Not Think That Word Means What You Think It Means
equitablegrowth.org
shared by @interfluidity, reddit/Economics, @Noahpinion
equitablegrowth.org
shared by @interfluidity, reddit/Economics, @Noahpinion
Blackstone & Codere
thedailyshow.com
Sam Bee uncovers a neglected financial scandal.
shared by @maxabelson, @ThemisSal, @eisingerj
thedailyshow.com
Sam Bee uncovers a neglected financial scandal.
shared by @maxabelson, @ThemisSal, @eisingerj
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