June 2024 - cypherpunks - lists.cpunks.org

New York Fed Is Losing Talent and ‘Street Cred’ Under John Williams
by Gunnar Larson 10 Jun '24

10 Jun '24

New York Fed Is Losing Talent and ‘Street Cred’ Under John Williams https://www.bloomberg.com/news/articles/2024-06-09/new-york-fed-is-losing-s… John Williams took the helm of the Federal Reserve Bank of New York in 2018 as a highly respected macroeconomist and experienced manager who had run the San Francisco Fed district for seven years. Today he oversees an institution that many veteran market participants worry has suffered a brain drain and seen its influence wane on Wall Street.

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30% Of UK Workers Unsure How To Access Pensions
by Gunnar Larson 10 Jun '24

10 Jun '24

30% Of UK Workers Unsure How To Access Pensions <https://www.law360.co.uk/financial-services-uk/articles/1845389?nl_pk=a94fc…> By Sam Tabahriti An estimated 30% of British workers are unsure about their retirement options and worry about how to access their savings, according to a study published by TPT Retirement Solutions Ltd. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1845389?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1845389?nl_pk=a94fc…>

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'Squeezed Middle' Pension Schemes Urged To Be Flexible
by Gunnar Larson 10 Jun '24

10 Jun '24

'Squeezed Middle' Pension Schemes Urged To Be Flexible <https://www.law360.co.uk/financial-services-uk/articles/1845388?nl_pk=a94fc…> By Joel Poultney Defined benefit pension schemes with assets between £10 million ($12.7 million) and £250 million are the new "squeezed middle" in the retirement savings market, Hymans Robertson has said, encouraging those plans to remain flexible amid the challenges they face. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1845388?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1845388?nl_pk=a94fc…>

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Crypto Developers Fight To Gag Wright After 'Satoshi' Trial
by Gunnar Larson 10 Jun '24

10 Jun '24

Crypto Developers Fight To Gag Wright After 'Satoshi' Trial <https://www.law360.co.uk/financial-services-uk/articles/1845401?nl_pk=a94fc…> By Ronan Barnard A group of cryptocurrency asset developers urged a London judge on Friday to order Australian computer scientist Craig Wright to never again assert that he is the pseudonymous inventor of bitcoin Satoshi Nakamoto, arguing it was the best way to end his "campaign of dishonesty." Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1845401?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1845401?nl_pk=a94fc…>

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Merchants Get OK For Visa, Mastercard Fees Suit On 2nd Try
by Gunnar Larson 10 Jun '24

10 Jun '24

Merchants Get OK For Visa, Mastercard Fees Suit On 2nd Try <https://www.law360.co.uk/financial-services-uk/articles/1845586?nl_pk=a94fc…> By Joanne Faulkner A group of merchants got a tentative go-ahead Friday to bring a collective action accusing Visa and Mastercard of unfairly imposing interchange fees on retailers after revising weaknesses in the initial proposal at the U.K.'s specialist antitrust court. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1845586?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1845586?nl_pk=a94fc…>

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Ex-Goldman Sachs Banker Loses Bribery Extradition Fight
by Gunnar Larson 10 Jun '24

10 Jun '24

Ex-Goldman Sachs Banker Loses Bribery Extradition Fight <https://www.law360.co.uk/financial-services-uk/articles/1845398?nl_pk=a94fc…> By William Janes A former Goldman Sachs banker has lost his fight to avoid being extradited to the U.S. for allegedly bribing Ghanaian officials, as a London court ruled on Friday that the alleged crimes were sufficiently linked to America to be tried there. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1845398?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1845398?nl_pk=a94fc…>

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Financial Adviser Gets 8 Years For Legal Funding Fraud
by Gunnar Larson 10 Jun '24

10 Jun '24

Financial Adviser Gets 8 Years For Legal Funding Fraud <https://www.law360.co.uk/financial-services-uk/articles/1845403?nl_pk=a94fc…> By Christopher Crosby A London judge sentenced a former financial adviser to eight years in prison on Friday after he was convicted of siphoning £5.8 million ($7.4 million) in secret commission payments from an investment fund in a legal financing fraud. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1845403?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1845403?nl_pk=a94fc…>

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F1 Can Live Without the Monaco Grand Prix, Says McLaren Boss
by Gunnar Larson 09 Jun '24

09 Jun '24

This is a big problem after the McLaren rigged race down in Miami. Monoco, is McLaren gaming you on the World Cub final city? Gunnar --- F1 Can Live Without the Monaco Grand Prix, Says McLaren Boss https://www.bloomberg.com/news/articles/2024-06-07/f1-can-live-without-the-… The fate of the Formula One Monaco Grand Prix still hangs in the balance, says McLaren Racing Chief Executive Officer Zak Brown, and nothing about its potential departure from the racing calendar should be assumed.

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Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane Season
by Gunnar Larson 09 Jun '24

09 Jun '24

Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane Season https://www.bloomberg.com/news/articles/2024-06-09/catastrophe-bond-issuanc… Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the potential to do substantial damage.

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NRA Can't Undo $6.4M Misconduct Verdict In NY AG Case
by Gunnar Larson 09 Jun '24

09 Jun '24

NRA Can't Undo $6.4M Misconduct Verdict In NY AG Case <https://www.law360.com/compliance/articles/1845307?nl_pk=ab5ce197-c1fb-4d8e…> By Frank G. Runyeon A New York judge on Thursday rejected a request by the National Rifle Association and its longtime executives to set aside a jury's $6.4 million verdict that found they misspent charitable funds, saying Attorney General Letitia James provided sufficient evidence for the jurors to rule in her favor. Read full article » <https://www.law360.com/compliance/articles/1845307?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1845307?nl_pk=ab5ce197-c1fb-4d8e…>

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