21 November, 2014 by The TZ Newswire Staff Comments Off on Pentagon reforms aim to curb predatory sales targeting troops
Pentagon reforms aim to curb predatory sales targeting troops
By David Alexander WASHINGTON (Reuters) – Moving to curb predatory sales practices targeting U.S. military personnel, the Pentagon said on Friday it was reforming its payment system for troops to prevent them from using direct salary deductions to buy consumer goods like cars and computers. Under the reforms that go into effect Jan. 1, 2015, military personnel will no longer be able to have the Pentagon directly deduct money from their salaries to make installment payments for personal property like cars, washers and dryers or big-screen televisions, a defense official said. …
21 November, 2014 by The TZ Newswire Staff Comments Off on Sick of Uber? Here are 27 alternatives
Sick of Uber? Here are 27 alternatives
If U.S.
21 November, 2014 by The TZ Newswire Staff Comments Off on ‘Exploiting A Loophole In Banking Regulation And Using It To Unduly Influence Commodities Markets’ Is Not One Of Goldman’s Best Trading Ideas For Next Year
‘Exploiting A Loophole In Banking Regulation And Using It To Unduly Influence Commodities Markets’ Is Not One Of Goldman’s Best Trading Ideas For Next Year
To be fair, great idea though it may be, it is available only to a very limited set of investors, in this case a set of one. But if you can’t beat the Brotherhood of the Sach—and you cannot—you can at least join them in shorting the euro, buying 10-year T-bills at between 2% and 3%, and…
21 November, 2014 by The TZ Newswire Staff Comments Off on Not So "Fab": From $1 Billion Valuation To $15 Million In A Year
Not So "Fab": From $1 Billion Valuation To $15 Million In A Year
As we warned earlier, it appears the tech-startup bubble is bursting – very quietly behind the scenes. Today we get another confirmation that this dot-com 2.0 explosion of speculative surreality has peaked.
21 November, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Aetna hikes dividend, approves additional $1 billion buyback
The Wall Street Journal: Aetna hikes dividend, approves additional $1 billion buyback
Insurer raises its quarterly dividend by 11% to 25 cents a share.
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21 November, 2014 by The TZ Newswire Staff Comments Off on Mathew Martoma Is In Miami
Mathew Martoma Is In Miami
Unfortunately, this is a business, not pleasure trip: yesterday marked Day 1 of 3,285 of his sentence for orchestrating the largest insider trading scheme ever. Mathew Martoma has started his nine-year prison term for insider trading at a “low security” federal prison in Miami at a time that most of the former hedge fund traders…
21 November, 2014 by The TZ Newswire Staff Comments Off on The Broken Market Chronicles: For The Third Year In A Row, The "Most Shorted Names" Generate The Highest Return
The Broken Market Chronicles: For The Third Year In A Row, The "Most Shorted Names" Generate The Highest Return
Earlier, we showed that for the record 6th year (!) in a row, the average hedge fund will not only underperform the wealth effect policy tool better known as the S&P 500, but will, for the first time since 2011, generate a negative return for the year.