Search Results for: FIA
Argentine’s debt must be paid to holdouts
July 29th, 2014
Argentina’s battle in courts for over a dozen of years against the claims of holdout investors in its defaulted debt, did not turn out positively. The holdouts, led by Paul Singer’s Elliott Capital Management and Mark Brodsky’s Aurelius Capital ...
Your Mind, Your Investment Returns
July 25th, 2014
Regular readers know I enjoy discussing behavioral aspects of investing. The reasons for this are twofold: First, we can’t control the markets, but we can control our own reactions to it (at least we can try). And second, many ...
McDonald’s Growth Troubles Don’t Go Down Well With Analysts
July 24th, 2014
As McDonald’s Corporation (NYSE:MCD) continued to see its sales suffer in main markets such as the U.S., Germany, Japan and Australia, market analysts downgraded the fast-food giant’s stock on Wednesday, after the Illinois-based company posted a disappointing second-quarter profit, ...
Mt. Gox Creditors’ Meeting Delivers Few Answers and One Apology
July 23rd, 2014
Today’s long-anticipated meeting between Mt. Gox bankruptcy trustee Nobuaki Kobayashi and creditors from the defunct exchange provided several revelations, but left many more questions unanswered. At the Tokyo meeting Kobayashi disclosed he would consider distributing the exchange’s remaining funds ...
Sweden Calls For EU Ruling On Bitcoin Taxation
July 22nd, 2014
Sweden has asked the European Union to provide definitive rules on the Value Added Tax treatment of cryptocurrencies, such as Bitcoin, after concerns raised by the nation about the UK’s revised position, issued in March. On June 2, 2014, ...
SEC Announces Charges in Scheme to Secretly Enable Lawbreakers to Run Microcap Company
July 17th, 2014
The Securities and Exchange Commission has announced fraud charges against four individuals and a microcap company for concealing from investors that two lawbreakers ran the company. According to the SEC’s orders instituting administrative proceedings, the mission of Natural Blue ...
Indonesia Ex-Central Banker Gets Jail for Bank Bailout Graft
July 17th, 2014
Former Bank Indonesia deputy governor Budi Mulya was sentenced to 10 years in jail for corruption, the latest high-profile conviction that shows how policy making in Southeast Asia’s biggest economy is undermined by graft. Mulya was handed a 500 ...
Interview with GoCoin’s Steve Beauregard
July 14th, 2014
I visited Los Angeles Bitcoin Incubator Bitropolis earlier this year, and I got to meet Steve Beauregard, the founder of GoCoin. While in his office in the scenic Santa Monica, CA, I had a few questions for him– and ...
Juncker faces dilemma over EU tax probe into Grand Duchy
July 9th, 2014
Foot-dragging by Luxembourg over an EU probe into questionable tax deals for multinational corporations has created a potential conflict of interest for the Grand Duchy’s former premier who is set to head the EU’s executive branch. Jean-Claude Juncker, whose ...
Russia’s Grip Over EU Energy Unlikely to Change Soon
July 9th, 2014
The European Union’s initial resolve at breaking its dependence on Russian energy after the Ukraine crisis erupted appears to be giving way to a realization that its giant eastern neighbor will continue to be Europe’s main supplier of natural ...
