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https://www.reuters.com/technology/broker-robinhood-pay-70-mln-systemic-supervisory-failures-2021-06-30/ WASHINGTON, June 30 (Reuters) – Wall Street’s industry regulator fined Robinhood Financial LLC $70 million on Wednesday for “systemic” failures, including systems outages, providing “false or misleading” information, and…
https://marginalrevolution.com/marginalrevolution/2021/06/no-one-wants-to-talk-about-the-liquidity-trap-any-more.html The idea has not held up. As I write the rate on 6-month T-Bills is 0.06%. That is pretty close to zero, right? And yet everyone is debating what…
http://www.thevalue101.com/article.php?id=81833 這是一個真實的故事。 一個金融行業男人的真實故事。 這麼時尚的行業走出來的群體即使沒有很成功也大概都是腳下名車，身著名牌的樣子。 他不是。 現在的他，我不知道能不能算是成功人士，但他曾經成功過。 有人說，一個習慣了優秀的人，到哪兒都是優秀的。
https://www.zerohedge.com/markets/creator-bond-vix-coming-monetary-hurricane-white-swan By Harley Bassman, creator of the MOVE index, aka the “VIX for bonds” Much is written about the Black Swan, famously described by Nassim Taleb in his 2001 book,…
https://www.zerohedge.com/markets/protecting-your-capital-during-war Authored by ‘Fritz’ via Asia Stock Report, Wars are one of the greatest destroyers of capital. In Barton Bigg’s book “Wealth, War & Wisdom”, he makes the case that…
A clash of the classes — “proletariat vs bourgeoisie” — is at the heart of the GameStop (GME) short squeeze saga, says one WallStreetBets participant. “WSB feels like it’s the…
‘Now that I’m a business owner and learning more about money management, I haven’t been willing to do as much lavish spending, or compensate my friends anymore’ Dear Moneyist, I…
https://www.bloomberg.com/news/articles/2019-05-07/the-rise-fall-and-possible-rebirth-of-china-s-online-lenders?utm_medium=social&cmpid%3D=socialflow-twitter-graphics&utm_content=graphics&utm_source=twitter&utm_campaign=socialflow-organic3 Can China’s peer-to-peer lending industry be saved? The prospect seemed far-fetched just a few months ago, when P2P platforms were failing by the dozens and angry investors were protesting…
https://marginalrevolution.com/marginalrevolution/2019/04/firefighting-a-plea-for-discretion.html Firefighting, the new primer on the financial crisis by the all-star team of Ben Bernanke, Timothy Geithner and Henry Paulson (BGP), is a well written, short overview of the…
https://www.bloomberg.com/news/articles/2019-04-15/gf-securities-hong-kong-chief-tang-xiaodong-resigns-from-firm GF Securities Co. said Monday the head of its Hong Kong unit has resigned from the firm, after losses rocked one of its hedge funds. Tang Xiaodong, who joined…