1205 Results from 2008
Paul Penrose Head of Research at Finextra
Henry Blodget, the former star techstock analyst who knows a thing or two about investment fraud, posts an interesting insight to the Madoff affair on his Clusterstock blog. "Specifically, we're hearing that the smart money KNEW Bernie had to be cheating, because the returns he was generating were impossibly good. Many Wall Streeters suspect...
19 December 2008 /regulation
Retired Member
The twenty-teenies look to me as if they'll be a replay of the 1970's, here in the UK. No, I don't mean loon pants, two-tones, bad hairdos, glam-rock and tank-tops (but you never know...). No, I mean Sterling crisis, IMF, rampant inflation and industrial strife. Think about it for a minute. First, just like the '70's, we have the imminent collap...
19 December 2008 /retail Transaction Banking
Yahoo has announced that it will anonymise search records after 90 days and remove any personally identifiable connection to searches. Far short of what could be achieved, the Yahoo announcement is in an effort to stave off legislation in the US and Eu which would probably have even stricter provisions. Yahoo certainly increases pressure on Google ...
19 December 2008 Whatever...
The status of gold changed yesterday December 16th when the Fed slashed rates to zero or near zero. Gold lost the remaining of its commodity status for a full investment status. Can gold evolve back to its monetary status as well? With no interest paid on dollar, why would anyone want to hold any? Risks are high, curves remain steeply positive. The...
18 December 2008 /regulation
Matt White North America editor at Finextra
You'd think that with things in a bit of mess, your average punter would be a tad wary about playing the stock market at the moment. But according to a survey from Lloyds TSB's wealth management unit, half of Brits want some stocks in their Christmas stockings. Far from being seen as too risky, the bank suggests share prices are so low at the momen...
18 December 2008
Some choice quotes from squeaky-clean Bernie Madoff on the trials of doing business in the modern financial system. "Whenever I go down to Washington and meet with the SEC and complain to them that the industry is either over-regulated or that the burdens are too great they all start to roll their eyes just like our children do when we talk ab...
18 December 2008 /regulation /wholesale Video extravaganza
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Europe 17.12.2008 Dear Santa, We have been really nice, technology-neutral and hardworking Experts this year and look forward to You bringing us a few presents to play around with in 2009. The first wish is a book - more precisely a handbook. We namely wrote a letter to the EU Commission in July and asked for Equal Treatment of paper and e-invo...
17 December 2008
:-) Getting warmer... Using VBV is very much like locking your front door but leaving your windows open. I have said this in 2001 to a VISA security executive : "VBV or 3DSecure's weakness is that it requires ALL online merchants to participate in order for it to work". The solution is quite simple. This really isn't brain surgery. VIS...
17 December 2008 /security Transaction Fraud Systems and Analysis
Elton Cane Digital product delivery at News Corp Australia
Well, at least they do in the US when it comes to protection of personal data. Despite frequent stories about data being handled irresponsibly in the industry, six of the top 20 firms in the Ponemon Institute’s fifth annual survey of Most Trusted Companies for Privacy are financial services firms - and American Express holds on to the no. 1 slot fo...
17 December 2008 /security Information Security
I've noticed my journey into work appears to be taking longer on the Northern Line these days with a deal of waiting around at Kennington. So - plenty of time to read the Metro - the free paper - which displays its Daily Mail leanings quite often. Today I spotted the story about Goldman Sachs paying out HUGE bonuses. The US-based firm lost £1.36 b...
17 December 2008 /retail
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.