The Traderszone Network

Submitted by Bill Bonner via Acting-Man blog,

Infection

When we left you yesterday, we were trying to connect the bloated, cankerous ankles of the US economy (Part 1) to the sugar rush of its post-1971 credit-based money system (Part 2).

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Cablevision gears up to compete with Apple.

Standard Chartered remains committed to Islamic banking and expects growth in its core markets, a spokesman for the lender said on Sunday, after the head of its Islamic arm departed. Afaq Khan left Standard Chartered Saadiq, the lender’s global Islamic banking business, after 12 years with the Asia-focused bank to take a career break, the spokesman said. “Standard Chartered remains committed to our Islamic banking business, and we continue to position ourselves for further growth in the core markets where the largest Islamic banking opportunities exist,” the spokesman said.

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British Airways said on Sunday tens of thousands of its frequent flyer accounts had been hacked and that it had frozen those affected to sort the problem out. “British Airways has become aware of some unauthorized activity in relation to a small number of frequent flyer executive club accounts,” a spokesman said.

The Dutch government will reconsider selling off ABN Amro [ABRGPA.UL], Finance Minister Jeroen Dijsselbloem said, after senior managers agreed to give up a controversial pay rise that had stalled progress on the bank’s proposed share listing. In the face of a widespread public outcry, the managers said they would give up raises of 100,000 euros ($110,000) each, which had been approved by the supervisory board for six members of the managing board, all but Chief Executive Gerrit Zalm.

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Google’s ultrafast Internet service is well known, but here are a few facts you may have missed.

These stocks offer attractive valuations and promising income streams. Check them out.