10 February, 2017 by The TZ Newswire Staff Comments Off on Dodd-Frank Advocate Tarullo Resigns From Fed Board As Deregulation Effort Looms
Dodd-Frank Advocate Tarullo Resigns From Fed Board As Deregulation Effort Looms
Daniel Tarullo, a voting member of the Federal Reserve Board of Governors and a strict advocate of post-crisis financial and banking industry regulations, resigned on Friday, giving President Donald Trump further ability to shape the composition of the board just as he begins a concerted effort to reform Dodd-Frank.
10 February, 2017 by The TZ Newswire Staff Comments Off on Earthquake in southern Philippines kills four, damages infrastructure
Earthquake in southern Philippines kills four, damages infrastructure
Earthquake in southern Philippines kills four, damages infrastructure
MANILA (Reuters) – Four people died and more than 100 were injured after a powerful earthquake struck the island of Mindanao in the southern Philippines late Friday, damaging some structures and cutting power in many areas, local officials said.
10 February, 2017 by The TZ Newswire Staff Comments Off on The Unintended & Deadly Societal Consequences Of Quantitative Easing
The Unintended & Deadly Societal Consequences Of Quantitative Easing
Authored by Jesse Felder via TheFelderReport.com,
“As I look back, it now seems that, with all the thought and work and good intentions, which we provided, we achieved absolutely nothing… nothing that I did, and very little that old Ben [Strong of the Federal Reserve] did, internationally produced any good effect – or indeed any effect at all except that we collected money from a lot of poor devils and gave it over to the four winds.”
10 February, 2017 by The TZ Newswire Staff Comments Off on CNN: US investigators have corroborated parts of Russia dossier
CNN: US investigators have corroborated parts of Russia dossier
CNN: US investigators have corroborated parts of Russia dossier
In early January, reports surfaced of the existence of an unsubstantiated 35-page dossier put together by a former British intelligence agent that contained details about Donald Trump.
10 February, 2017 by The TZ Newswire Staff Comments Off on Former PIMCO PM Planning To Launch Two Credit Hedge Funds in Hong Kong
Former PIMCO PM Planning To Launch Two Credit Hedge Funds in Hong Kong
Former PIMCO portfolio manager Han Tongli is prepping the launch of two new hedge funds in the first quarter that will focus on credit instruments, and has reportedly attracted at least $500 million in seed capital for them.
10 February, 2017 by The TZ Newswire Staff Comments Off on Tigers and Red Wings owner Mike Ilitch dead at 87
Tigers and Red Wings owner Mike Ilitch dead at 87
Tigers and Red Wings owner Mike Ilitch dead at 87
(Reuters) – American entrepreneur Mike Ilitch, owner of the Detroit Tigers and Red Wings, died on Friday at the age of 87, his company announced in a statement.