Senator Ron Wyden (D, OR) asked representatives from the Consumer Financial Protection Bureau (CFPB) what could be done to stop installment loan practices that he says are no better than the payday loans that have been banned in many states. The story was picked up by Herb Greenberg of CNBC who tweeted, “Whoa, in hearings today Senate Cmte on Aging mentions World Acceptance Corp. (NASDAQ:WRLD) specifically, demands answers.”
Nomura analyst Bilal Hafeez takes a day dreamer’s approach to trading in a June 15 report. Looking back year-to-date at the best currency trades, Hafeez considers the best of... read more
The Tulip Trend Fund remained in first place among the nearly 1,000 hedge funds who report to the HSBC Hedge Weekly performance ranking, as returns jumped to a year-to-date... read more
The Chinese Banking Regulatory Commission (CBRC) has announced that it will do regional and national stress tests this year to determine the extent of bad credit and non-performing loans... read more
JPMorgan Chase & Co. (NYSE:JPM) plans to reach this week about $2 billion in criminal and civil settlements with federal authorities over Madoff case. The settlement relates to the federal... read more
As the debt ceiling crisis sorts itself out, Thomas Friedman, writing for The New York Times, guarantees that whatever else happens during the next round of tax and entitlement... read more
"After all, you only find out who is swimming naked when the tide goes out. - Warren Buffett" There a basically two main reasons for a total loss of capital companies... read more
NYSSA 4th Annual Ben Graham Value Conference notes specifically on Family-controlled Businesses below via By Devin Haran @devinharan Editor's note: The Family-controlled Businesses investing topic was the theme of the panel at... read more
In an apparent shell game with Venezuelan bond payments not appearing under any cup as of Tuesday morning, a Deutsche Bank report recommends investors move out to the long... read more
Five Things A Whistleblower Has To Say About Tax Havens by Jeannie Wurz, swissinfo.ch Following the release on Sunday of the Panama Papers, former whistleblower Rudolf Elmer spoke with journalist... read more
In a new white paper, Larry Tabb, namesake and CEO of the Tabb Group, dives into the payment for order flow issue and draws a nuanced conclusion. While payment... read more
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