Bottom line: consumer banking is a tough f#&*ing business. Most likely Goldman customer base ended up being rate shoppers – like me. https://www.cnbc.com/2023/02/27/why-goldmans-marcus-project-failed-and-what-it-means-for-ceo-solomon.html
https://www.cnbc.com/2023/02/24/cars-leased-in-2020-are-worth-an-average-4000-more-than-expected.html?utm_content=Main&utm_medium=Social&utm_source=Facebook#Echobox=1677267951
Governor Gavin Newsom’s office confirmed this week that Newsom opposes Assembly Bill 259, wealth tax legislation introduced in January by Assemblyman Alex Lee (D). Warren and other advocates for a national wealth tax must grapple with the reality that even fellow progressives like Gavin Newsom reject their idea. In defending his wealth tax rejection, Newsom …
The war in Ukraine may have forever reshaped energy politics in the region. https://www.politico.com/news/2023/02/23/american-energy-europe-putin-00083750
Fixing Social Security and Medicare: Where the Parties Stand https://nyti.ms/3EiVO8r
https://www.theguardian.com/uk-news/2023/jan/30/offshore-companies-with-uk-property-not-stating-beneficial-owners?CMP=Share_AndroidApp_Other
The financial architecture for global aid needs an urgent overhaul – https://on.ft.com/3IlUSmL via @FT
An important insight into the correlation of interest rates and pension fund deficits. The Powell Tightening as completely reversed pension deficits and created bond buying demand at warp speed. Find full article here
People in the UK are struggling, yet the UK blindly ignores the vast tax avoidance happening under their nose. If the UK doesn’t know how much their own tax havens rob from the national treasury, imagine the rest of the world
New students in for a shock and further debt problems. Responsible debt use requires accurate expectations of income. #StudentDebt #studentloans #collegestudents #personalfinance. https://www.cnbc.com/2022/04/29/study-says-college-graduates-overestimate-starting-salaries-by-50000.html