This is horrifying (& proves the value of strong reporting): Instagram’s algorithms helped a vast pedophile network… https://t.co/7Z6YtMFlzH— 1 year 3 months ago via@theofrancis
Another remarkable piece on Epstein by Khadeeja Safdar & Emily Glazer: Bill Gates had an affair with a Russian brid… https://t.co/9M3yh4V3ag— 1 year 4 months ago via@theofrancis
Most S&P 500 CEOs finished the year with less pay than initially awarded; Elon Musk’s $10 billion hole. The WSJ CEO… https://t.co/x0MmmO4203— 1 year 4 months ago via@theofrancis
Some entrepreneurs are scrutinizing their banking relationships and moving their funds. smart piece by WSJ’s Ruth S… https://t.co/6aPK654NhS— 1 year 6 months ago via@theofrancis
Just a PSA that at The Wall Street Journal we draw a clear line between news and opinion. The separation between th… https://t.co/MJflkqKIUz— 1 year 6 months ago via@theofrancis
By Friday evening, the heads of the world's 20 biggest economies -- from the US to South Africa, encompassing 85 percent of global economic activity -- will have dined, met, lunched, met again, and made their pronouncements.
If history is any judge, there may not be much in the way of immediate or lasting results.
Regulators, investors, and policymakers are breathing a sigh of relief about the banks. Profits are up. Bank share prices are surging. And on June 9 Uncle Sam gave 10 banks the go-ahead to pay back $70 billion in bailout funds. "These are early signs of repair and improvement," Treasury Secretary Timothy F. Geithner said in a press briefing.
World leaders are talking bravely about fixing the global financial system. As the Group of Twenty heads toward an important summit in Pittsburgh on Sept. 24-25, they are vowing to bang out a regulatory structure that will keep rich, careless bankers from once again driving their firms to ruin and then getting bailed out by taxpayers.
The Federal Deposit Insurance Corp. isn't the only beneficiary of a plan to refill its coffers. The proposal, which the banking regulator announced on Sept. 29, also offers an intriguing way for financial firms to boost their capital and raise their profits.
Call it pay day in Washington: The Federal Reserve and Treasury made a splash by unveiling sweeping compensation rules, mostly for executives at banks and other financial companies.