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Monthly Archives: October 2013
Baruch Convocation
This event is about Baruch’s convocation event which took place the day before classes started. It was an exciting introductory event which illustrated multiple aspects from the classroom environment to the thrill of rock climbing in the plaza. The convocation … Continue reading
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U.S. Deal With JPMorgan Followed a Crucial Call
This article discusses the financial struggle that JPMorgan is facing. C.E.O. Jamie Dimon must face the obstacles so to get past one of them, he made a phone call to attorney Mr. Holder, to resurge a settlement agreement involving $13 … Continue reading
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Europe’s Slow Progess on Banking Reform
http://www.nytimes.com/2013/10/20/opinion/sunday/europes-slow-progress-on-banking-reform.html?gwh=1A21D737C10ACCC99E5A553E30586A4C The article discusses the financial struggle involving the European banking system. It discusses how the finance minsters agreed to give the European Central Bank authority over large banks in countries that use Euro as their currency. And how by … Continue reading
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HSBC Appeals a $2.46 Billion Judgement
http://www.nytimes.com/2013/10/19/business/international/hsbc-to-appeal-2-46-billion-judgment.html?ref=economy This article describes HSBC’s appeal to a lawsuit that claims that it violated federal safeties law. The shareholder’s lawsuit claimed that Household International, which is now HSBC Finance Corporation, misled investors about its quality of loans and its accounting … Continue reading
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After Pause, Resupplying Economic Data
Even as the government shutdown was over, and the risk of a default in the government is not longer an eminent threat, attention is turned more towards the crucial matters for investors and traders. Long story short, the figures which … Continue reading
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Expanding through Retirement Savings
http://www.nytimes.com/2013/09/14/your-money/financing-start-up-dreams-with-retirement-savings.html?pagewanted=2&_r=0 After being tired and annoyed of working in the same field, many people look for other ways to make profit. In this New York Times article, three women have changed their lives by using their retirement funds to … Continue reading
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Shutdown To Cost Us Billions
It is estimated by leading economic research firms that the government shutdown which ended this week will cost our economy several billions of dollars. However, the bigger damage will be visible in the damage of consumer confidence and other … Continue reading
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Global Finance Struggles
http://www.nytimes.com/2013/10/14/business/international/global-finance-leaders-look-at-a-shift-in-rates-of-growth.html?_r=0 This article basically talks about meetings where many committees and organizations have come together to discuss on the future of the world’s finance. In other words, with the upper class continuing to grow and middle classes continuing to … Continue reading
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