First Read Hits & Takes JLN Staff The JLN Team was saddened to learn of the passing of FIA employee Bernadette Connolly, who passed away after a long illness. Bernie was loved and very respected, as FIA so appropriately shares in their tribute further down the newsletter.~JJL Thinking about purchasing a foreign car in the United States? You should consider putting the pedal to the metal on that urge as the WSJ reported that U.S. dealers expect an imported vehicle to cost $5,800 more after a 25 percent tariff increase. ~SD For the first time since 2008, 3mo T-bills hit…
Tag Archives: Geithner
John Lothian Newsletter: Low volumes at U.S. exchanges keep earnings under pressure; PFG Has Regulators on Defense in Congress; Nomura CEO Watanabe to Resign Amid Scandal John Lothian Newsletter,Newsletter
As financial exchanges prepare to release earnings, concern is voiced about poor results stemming from ongoing low volumes. The PFG fraud scandal brings regulatory leaders before Congress to testify about what went wrong. In Japan, where systemic wrongdoing is also popping up here and there, the CEO of broker Nomura resigns in the midst of insider-trading problems at that firm. In MarketsWiki.tv, you’ll find links to new interviews with various people in the industry.