"Haim, who was the first to expose how unsuspecting investors were getting ripped off by HFT traders, has been relatively quiet for the past few years (at least publicly)... but he has just resurfaced as the whistleblower in the latest SEC case against the NYSE."
For 8 years, we took every opportunity to point out that under Barack Obama's administration, US debt was rising at a alarmingly rapid rate, having nearly doubled, surging by $9.3 trillion during Obama's 8 years. It now appears that the trajectory of US debt under the Trump administration will be no different, and in fact based on Trump's ambitious fiscal spending visions, may rise even faster than it did under Obama.
We had been wondering for the past few months why SocGen turned surprisingly sour on the S&P in late 2017 and early 2018. We now may know the answer: Societe Generale has cut bonuses for its traders by as much as 25%.
On Thursday, Trump and Kelly had a meeting that left both men reassured. Trump told advisers afterward that Kelly was “100% safe.” Kelly told his associates that he and the president had patched things up. “I’m in,” Kelly said.
"The Theranos story is an important lesson for Silicon Valley...Innovators must tell investors the truth about what their technology can do today, not just what they hope it might do someday.” - Jina Choi, SEC
If those words bring to mind Tesla, it may not be an accident.