#How our culture and government gave too much power to Facebook

#How our culture and government gave too much power to Facebook

“#How our culture and government gave too much power to Facebook” Capitalism offers an optimal paradigm to organize a virtuous society’s economic affairs. But virtue is a precondition for capitalism, not a product of it, and no modern phenomenon better highlights that distinction than the rise of addictive social-media platforms. This past week, The Wall…

Read More
#Ambitious SEC boss Gensler cultivates Sen. Elizabeth Warren

#Ambitious SEC boss Gensler cultivates Sen. Elizabeth Warren

“#Ambitious SEC boss Gensler cultivates Sen. Elizabeth Warren” If Gary Gensler sounds a lot like Elizabeth Warren, it’s not by accident but by design. He needs the powerful progressive senator in his corner to fulfill his ultimate, career-fulfilling goal, which, according to sources, is having his signature on the dollar bill as treasury secretary.  Gensler…

Read More
#How SEC boss should deal with ‘meme’ stock schemes

#How SEC boss should deal with ‘meme’ stock schemes

“#How SEC boss should deal with ‘meme’ stock schemes” Gary Gensler thought he had all the answers when he took the helm at the Securities and Exchange Commission this spring. Wall Street lawyers and bankers who deal with him tell me he was highly confident — almost arrogant — in explaining his agenda of regulating…

Read More
#’ billion’ Robinhood app tries to vault SEC hurdles

#’$40 billion’ Robinhood app tries to vault SEC hurdles

“#’$40 billion’ Robinhood app tries to vault SEC hurdles” It’s a lot of money for a stock-trading app that’s supposedly free. Robinhood is slated to launch an initial public offering before summer’s end that could value the Silicon Valley-based company at $40 billion or more, people close to the underwriting group say. That would make…

Read More