Stock trades of SEC employees
In no way definitive (nor meant to be), but fascinating look at an under-developed topic: how SEC employees’ trades fare and why it might be the case that their portfolios preempt bad news better than peers’. Worth remembering that while capitalist firms are imperfect and prone to cheating, so are regulatory agencies…
The dogecoin founder on the cryptocurrency bubble
Really great profile by Kevin Roose of Jackson Palmer, the founder of Dogecoin. Broad points here about the future of cryptocurrency and why it is almost certainly in a bubble.
The sell-outs and the self-righteous
I don’t agree with all of this article, but there are some really good bits on the constant criticism directed towards wannabe bankers and consultants.
Goldman Sachs investments test the Volcker Rule
Yet while its competitors have been abandoning the business of making big bets with their own money, frequently citing the risks involved, Goldman has been quietly coming up with several new ways to put its own money to work in formats that appear to stay on the right side of Volcker.
Hackers using lingo of Wall St. breach health care companies’ email
A lot of cyberspace fears have been overblown. This is real.
For more than a year, a group of cybercriminals has been pilfering email correspondence from more than 100 organizations — most of them publicly traded health care or pharmaceutical companies — apparently in pursuit of information significant enough to affect global financial markets.