The CFTC just fined Goldman for failure to properly disclose prices fairly to clients.
And it’s all about a technical issue related to the timing of international swaps.

The CFTC just fined Goldman for failure to properly disclose prices fairly to clients.
And it’s all about a technical issue related to the timing of international swaps.
Silicon Valley Bank (SVB) defaulted on Friday. At $212 bn of assets, it is the largest failure since 2008, and probably one of the fastest – it went from rumor to belly-up in only two days.
Here is the explanation, and the first questions.
The financial industry is a legal and compliance minefield for its million+ members.
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Xi Jinping’s new leadership team will maintain the current direction.
And China’s GDP will slow; the Chinese economy is unlikely to reach that of the US by 2060, if ever.
Johnson & Johnson has spent billions on cases about one of its most popular products – talcum powder.
As its executives try a brazen new legal strategy to stop the litigation, corporate America takes note.
Swank settings, glittering names, trillions of wealth… the Global Family Office Summits were a con man’s works of art. How ‘Sir’ Ritossa has bilked the aspiring famous for years.
“Ritossa puts on fake family office events where a lot of people turn up who don’t have capital to invest — but very much want people to think they do — while genuine entrepreneurs and fund managers are being hustled into giving Ritossa and his company fees.”
Lot of rumors during the weekend of a major bank going bust in a new Lehman instant. The fingers are pointing at Credit Suisse.
Indeed the bank’s CDS is high and its stock price is low. But are we at bankruptcy level yet? The Financial Times objects.
Ukraine’s military successes are causing quite a stir among its main opponents. Russia is facing protests and an exodus after mobilizing, Iranian women are protesting and China’s Xi Jinping would have been deposed.
The Axis of Authoritarians isn’t doing too well…
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The role brings intellectual stimulation. It is an excellent leverage of your expertise, experience or academia. The tasks are diverse, interesting and challenging.
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Dr. William Procasky, Navesink International’s credit and derivatives expert, was recently interviewed by Kill-TV in Corpus Christi, TX on the subject of inflation.