• Sprott Money
    04/01/2015 - 04:58
    Long has the government waged war on the privacy and freedom of its citizens. Government has an insatiable appetite for more power and control. This is ultimately how it expands itself and exerts its...

Dell

Tyler Durden's picture

Frontrunning: July 22





  • Earthquake Sends Kiwis Screaming From Wellington Buildings (BBG)
  • China quake death toll more than doubles to 54, hundreds hurt (Reuters)
  • In 2011, Michigan Gov. Snyder said bankruptcy wasn't an option for Detroit. Two years later, he changed his mind (WSJ)
  • GlaxoSmithKline says Chinese laws might have been violated (FT)
  • SEC Tries Last Ditch Move to Put SAC’s Cohen Out of Business (BBG)
  • Detroit’s Bankruptcy Reveals Dysfunction Common in Cities (BBG)
  • Obama to start new offensive on economy (FT)
  • As WTI and Brent reunite, Gulf of Mexico faces squeeze, not glut (Reuters)
  • Extended Stay Files for Public Offering (WSJ)
  • Apple Developer Website Hacked: Developer Names, Addresses May Have Been Taken (MacRumors)
  • Treasuries Not Safe Enough as Foreign Purchase Pace Slows (BBG)
 
Tyler Durden's picture

SEC Sues Steve Cohen For Failing To Prevent Insider Trading, Seeks Bar





And in the category of most made up charges by the SEC against a hedge fund billionaire we have:

SEC SUES STEVE COHEN FOR FAILING TO PREVENT INSIDER TRADING
SEC SUES SAC’S STEVEN COHEN WITH FAILING TO SUPERVISE MANAGERS
SEC CHARGES STEVEN COHEN WITH FAILING TO SUPERVISE PORTFOLIO
SEC SEEKS TO BAR COHEN FROM OVERSEEING INVESTOR FUNDS
ALLEGES COHEN RECEIVED INFO THAT SHOULD HAVE LED TO PROBE

All of the above was known to our readers since December 2010. Thus Steve Cohen's forced conversion to a "friends and family" office is now complete. And since hedge funds make money not on portfolio upside (and certainly not downside) but on the management fees, the chapter of Blue Eyes' information arbitrage glory days are now over.

 
Tyler Durden's picture

Frontrunning: July 19





  • Detroit ‘Gut Kick’ Poses New Test for Long Suffering City (BBG)
  • Florida lawmakers urge overhaul of 'Stand Your Ground' law (Reuters)
  • Investors pour huge sums into US equity funds (FT)
  • Snowden Standoff Threatens Obama-Putin Moscow Summit (BBG)
  • China, U.S. companies' great hope, now a drag (Reuters)
  • Morgan Stanley stock traders rebuild burned bridges (Reuters)
  • Huawei spied for China, claims ex-CIA head Michael Hayden (FT)
  • Gorilla Flipping Homes as Rebound Revives Rapid Trades (BBG)
  • BRICS joint action at G20 summit may be wishful thinking (Reuters)
 
Tyler Durden's picture

Frontrunning: July 18





  • MSM always "ahead" of the curve: Fed’s Messages Raise Volatility in Threat to Profits (BBG)
  • Bernanke Plays Down Link Between Jobless Rate, Fed Moves (WSJ)
  • Draghi to Carney Face Test Backing Guidance on Rates (BBG)
  • House Republicans Vote to Delay Obamcare Mandates (Reuters)
  • China media accuses Japan PM of dangerous politics (Reuters)
  • China will replace America as the leading superpower, global attitudes survey finds (SCMP)
  • Nonqualified mortgages make up as much as $1.5 trillion of the $10 trillion home-loan market (BBG)
  • Dell $24.4 Billion Buyout Plan Is a Nail-Biter as Vote Looms (BBG)
  • Republicans could see more bruising Senate primaries (Reuters)
  • GM delays Chevy Cruze debut by a year (Reuters)
  • Peltz needs support for PepsiCo restructuring dealsa (FT)
  • Sweaty Wall Streeters Skip Booze for Spin-Class Meetings (BBG)
 
Tyler Durden's picture

Frontrunning: July 17





  • Bernanke Seeks to Divorce QE Tapering From Interest Rates (BBG)
  • China launches crackdown on pharmaceutical sector (Reuters)
  • Barclays, Traders Fined $487.9 Million by U.S. Regulator (BBG) - or a few days profit
  • Barclays to fight $453 million power fine in U.S. court (Reuters)
  • When an IPO fails, raise money privately: Ally Said to Weigh Raising $1 Billion to Pass Fed Stress Tests (BBG)
  • Bank of England signals retreat from quantitative easing (FT) ... Let's refresh on this headline in 6 months, shall we.
  • Russia's Putin puts U.S. ties above Snowden (Reuters)
  • Smartphone Upgrades Slow as 'Wow' Factor Fades (WSJ)
  • Snowden could leave Moscow airport in next few days (FT)
  • New Egypt government may promote welfare, not economic reform (Reuters)
 
Tyler Durden's picture

Frontrunning: July 15





  • An actual Bloomberg headline: Granny’s Gold Bars Are Key to Vietnam Push to Boost Dong (BBG)
  • Gay delivers further body blow to troubled sport (Reuters)
  • China Wealth Eludes Foreigners as Stocks Earn 1% in 20 Years (BBG)
  • Bernanke Boom Signaled by Yield Surge as Market Recalculates (BBG)
  • Portugal's Parties Set Deadline for Pact (WSJ)
  • Corporate Spending Set to Surge in U.S. (BBG)... or not at all based on the actual corporate data
  • Legal Fears Slowed Aid to Syrian Rebels (WSJ)
  • A mega-camp adds to the Boy Scouts’ troubles (Reuters)
  • GSK accused of being ‘ringleader’ in China probe (FT)
  • 19 Hospitalized in US-Ukraine Army Exercise - Ministry (RIA)
  • Egypt Islamists march as senior U.S. official visits (Reuters)
  • German spies made use of U.S. surveillance data (Reuters)
 
Tyler Durden's picture

Frontrunning: July 12





  • Summers Said to Show Interest in Fed Chairmanship After Bernanke (BBG)
  • Obama Tells Chinese He’s Disappointed Over Snowden Case (BBG)
  • Texas Threat to Abortion Clinics Dodged at Flea Markets (BBG)
  • A Peek at Trucking Data, and Then the Stock Surged (WSJ)
  • China cuts growth target… or does it? (FT) - yes, it does, net of goal seeked Random () of course
  • China Official Suggests Tolerance for Lower Growth (WSJ)
  • Disney Says Wristband Boosts Sales in Disney World Test (BBG) - next up: implanted RFID chips
  • Spain Prepares Cuts in Renewable-Energy Subsidies (WSJ)
  • Bernanke Departure With Duke Heralds Cascade of Fed Appointments (BBG)
 
Tyler Durden's picture

Frontrunning: July 11





  • Bernanke Supports Continuing Stimulus Amid Debate Over QE (BBG)
  • Portugal president wants 'salvation' deal, including opposition (Reuters)
  • Egypt has less than two months imported wheat left - ex-minister (Reuters)
  • A rise in long-term interest rates is creating challenges and opportunities for the largest U.S. banks. (WSJ)
  • BoJ says Japanese economy is ‘recovering’ (FT)
  • More Chinese cities likely to curb auto sales (Reuters)
  • PC Shipments Fall for 5th Quarter (BBG)
  • Property Crushes Hedge Funds in Alternative Markets (BBG)
  • New aid gives Greece summer respite before showdown (Reuters)
  • Rajoy Punishes Exporters Sustaining Spain’s Economy (BBG)
 
Tyler Durden's picture

Frontrunning: July 9





  • ICE's NYSE to determine the rate used by key competitor CME: NYSE Euronext to Take Over Libor (WSJ)
  • Japan slams China over maritime disputes (FT)
  • The Twinkie Returns, With Less Baggage (WSJ)
  • Pentagon Workers From Pennsylvania to Ghana Hit by Cuts (BBG)
  • Why Prostitutes Aren't Enough to Deprive the World of Eliot Spitzer (BBG)
  • Groups gather in Turkish protest park after night of clashes (Reuters)
  • Apartment Rents Rise, But the Pace Is Slowing (WSJ)
  • Asiana Seen Saving Millions With Tactic to Bar U.S. Suits (BBG)
  • Bin Laden's life on the run revealed by Pakistani inquiry (Reuters)
  • Fracking Firms Face New Crop of Competitors (WSJ)
 
Tyler Durden's picture

Frontrunning: July 8





  • Greece's Economic Future 'Uncertain,' Creditors Say (WSJ)
  • Secret Court's Redefinition of 'Relevant' Empowered Vast NSA Data-Gathering (WSJ)
  • Thomson Reuters Halts Early Peeks At Consumer Data (WSJ)
  • Larry Summers Circles as Fed Opening Looms (WSJ)
  • S&P to Argue Puffery Defense in First Courtroom Test (BBG)
  • Geithner joins top table of public speakers with lucrative appearances (FT)
  • Losing $317 Billion Makes U.S. Debt Safer for Mizuho to HSBC (BBG)
  • Pilot Error Eyed in San Francisco Plane Crash  (WSJ)
  • Investment group sues U.S. over Fannie, Freddie bailout terms (Reuters)
  • Egypt officials 'order closure of Islamist party HQ' (AFP)
  • Heinz Kerry Transferred to Boston Hospital for Treatment (BBG) - a boating accident?
 
Tyler Durden's picture

Frontrunning: July 3





  • Portuguese bond yields soar amid political turmoil (FT)
  • Portugal Resignation Rocks European Markets (WSJ)
  • Portugal, Greece risk reawakening euro zone beast (Reuters)
  • Egypt’s military chiefs hold crisis meeting as Mursi snubs ultimatum (Al Arabiya)
  • Egypt Crisis Deepens as Mursi Refuses to Step Down (BBG)
  • Hidden microphone found in London embassy: Ecuador (AFP)
  • Health Law Penalties Delayed (WSJ)
  • Rise in mortgage rates cut into homebuyer demand last week (Reuters)
  • Bolivia angered by search of president's plane, no sign of Snowden (Reuters)
  • Olympus ex-chairman gets suspended sentence (FT)
 
Tyler Durden's picture

Frontrunning: July 2





  • Egypt on the edge after Mursi rebuffs army ultimatum (Reuters)
  • Inside China's Bank-Rate Missteps (WSJ)
  • Obama Urges Morsi to Respond to Protesters' Concerns (WSJ)
  • How Fed’s 7% Jobless Avoids Deterring Bondholders Is Mystery (BBG)
  • Obama Joins With Political Foe Bush at End of Africa Trip (BBG)
  • China may introduce deposit insurance by year-end (China Daily)
  • China’s Slowdown Could Slam Hong Kong (BBG)
  • Government 'to ask Rothschild to advise on RBS split' (Telegraph)
  • Martin Feldstein: The Fed Should Start to 'Taper' Now (WSJ)
 
Tyler Durden's picture

Frontrunning: July 1





  • Pretty much as expected from George W. Bush: Edward Snowden ‘damaged’ security (Politico)
  • Gotta love the Keynesian-Monetarist religion: True 'Bullievers' Are Still Sweet on Japan (WSJ)
  • Canadian Takes Reins at Bank of England (WSJ)
  • Egypt streets quiet, political standoff goes on (Reuters)
  • Private Banks Leave Switzerland as End of Secrecy Hurts (BBG)
  • How Next Debt-Ceiling Fight Could Play Out (WSJ)
  • Easy Money Is Still Central (WSJ)
  • Lew Says China Needs Market Policies and Stop Spying (BBG) - China replies with the same
  • Ireland Preparing Plan to Tap Euro-Area Rescue Fund, Noonan Says (BBG)
  • Poll shows strong shift to Australian PM Rudd, new ministry named (Reuters)
 
Tyler Durden's picture

Frontrunning: June 25





  • Here come the rolling blackouts: Obama takes on power plant emissions as part of climate plan (Reuters)
  • Walking Back Bernanke Wished on Too Much Information (BBG)
  • As previewed last week: Bridgewater "All Weather" is Mostly Cloudy, down 8% YTD (Reuters)
  • U.S. Said to Explore Possible China Role in Snowden Leaks (BBG)
  • Coeure Says No Doubt ECB Loose Monetary Policy Exit Distant (Bloomberg)... so a "recovery", but not at all
  • U.S. steps up pressure on Russia as Snowden stays free (Reuters)
  • Texas' Next Big Oil Rush: New Pipelines Ferrying Landlocked Crude Expected to Boost Gulf Coast Refiners (WSJ)
  • Singapore Offsets Bankers as Vacancies Fall (BBG)
  • Asian Stocks Fall as China Sinks Deeper Into Bear Market (BBG), European Stocks Rally With Bonds as Metals Advance (BBG)
  • Qatar emir hands power to son, no word on prime minister (Reuters)
 
Tyler Durden's picture

Frontrunning: June 19





  • China cash crunch deepens as PBOC withholds funding (FT), just a week behind ZH
  • Platts in hot manipulated crude again: Traders Try to Game Platts Oil-Price Benchmarks (WSJ)
  • Kabul Suspends Security Talks With U.S., jeopardizing plans to maintain a U.S. military presence (WSJ)
  • Afghan government irked over U.S. talks with Taliban (Reuters)
  • BOJ Kuroda: BOJ to Adjust Policy If Japan Econ Changes (MNI)
  • Google Considering Private-Equity Alliances (BBG)
  • Korean Air Buying 747-8s to End Boeing’s Sales Drought (BBG)
  • Syria's Islamists seize control as moderates dither (Reuters)
  • SEC considers policy shift on admissions of wrongdoing (FT)
  • U.K. Banker Bonuses Face Decade Delays in Industry Overhaul (BBG)
 
Syndicate content
Do NOT follow this link or you will be banned from the site!