Value Blog

Closing Wall Street’s casino

November 20th, 2011  |  Source: http://blogs.reuters.com/

 

Not so long ago — before casinos, currency and commodities speculation, and credit default swaps became big business — U.S. courts would not enforce gambling debts.

Restoring this principle offers a simple way to shrink the rampant speculation in derivatives that was central to the 2008 meltdown on Wall Street.

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Does the STOCK Act have legs?

November 18th, 2011  |  Source: citizensforethics.org

 

Today, Citizens for Responsibility and Ethics in Washington (CREW) and other good governance groups sent letters to members of Congress urgingpassage of the “Stop Trading on Congressional Knowledge Act” (“STOCK Act”).   


Campaign and Lobbying Expenditures Promote Fracking Big Time

November 15th, 2011  |  Source: NPQ

Source: Common Cause | The venerable clean government organization, Common Cause, has an excellent, digestible report available on the politics—or the money in politics—concerning the “fracking” controversy. The report describes the problems with fracking:


Where's the Money, Jon Corzine?

November 14th, 2011  |  Source: The Motley Fool

 

This should be a really easy question for former MF Global (OTC: MFGLQ) CEO Jon Corzine. We should be able to ask, "So, Corzine, where is the money?" and he'd point us in the right direction.

But in the wake of MF Global's whirlwind bankruptcy, that question has been anything but easy.


The End of Borders and the Future of Books

November 13th, 2011  |  Source: Business Week

An inside look at the real reasons for the once-beloved chain's demise

For the past decade and a half, Borders seems to have been in the business of making mistakes. Consider the company’s efforts to develop an online presence. Amazon was launched in 1995, and Barnes & Noble responded with its own website two years later.

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Trouble in Richistan

November 11th, 2011  |  Source: FT.com

The dream – or myth – of mobility was the glue that helped keep America together


What does it take to get a new lobbyist around here?

November 10th, 2011  |  Source: FT.com

In “The Broken Contract“, his essay in the latest edition of Foreign Affairs, New Yorker staff writer George Packer argues that the source of widening US inequality is to be found when…

Organized money and the conservative movement seized the moment back in 1978 to begin a massive, generation-long transfer of wealth to the richest Americans.


A Preoccupying Book About The Future

November 6th, 2011  |  Source: MarketForum.com/Amazon.com

 

By guest reviewer Alex McCallum, Moderator of www.MarketForum.com

Changing Our World: Solutions for a Future

http://www.amazon.com/Changing-Our-World-Solutions-Future/dp/0983100608/...


Facebook Building Massive 120 MW Server Farm Near Arctic Circle

November 2nd, 2011  |  Source: SustainableBusiness.com News

 

Facebook is building Europe's largest server farm near the Arctic Circle in Sweden, because the severe cold will keep the servers cool naturally - lowering the energy required to crunch data from its 800 million users. 


The Lulea Data Center, in Lulea Sweden, will be just 60 miles south of the Arctic Circle. Power for the mammoth 120 megawatt server farm will be supplied by nearby hydropower plants that produce twice the electricity as the Hoover Dam!




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