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Tag Archives: Bloomberg

Candidate for VA governor Terry McAuliffe meets with Michael Bloomberg, The New York Connection

Terry McAuliffe is a Clinton era apparatchik from Syracuse and he wants the head political job in Richmond. He’s long coveted the position and was defeated 4 years ago in the primaries in his first quest. Now that he has the nomination however he is calling in his chips. Politico reports that McAuliffe recently met with Mr. Moneybagssodabanguncontrol, AKA Michael Bloomberg, AKA Mr. New York. Hooray.

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The world’s smallest drone, the “robo-bee.” (Video)

The idea is that perhaps this little robot could fly from flower to flower pollinating plants in the same way that real bees do. We need the insects to grow food. With declining bee populations around the world this is a legitimate concern.

Also of legitimate concern is a drone the size of a penny which could perch itself on one’s windowsill. But I guess that’s why God invented fly swatters.

Click here for the video.

Uh oh, the whisper campaign for Larry Summers as head of the Fed has begun.

First of all, end the Fed. Just had to say that. End it tomorrow. It is the source of the modern boom and bust cycle, extended the Great Depression, inflated the tech and housing bubbles, and has extended the Great Recession. (Some of its crimes.) Now “Mr. let’s end Glass-Steagall and blow up the world with derivatives” is unofficially throwing his hat in the ring for Fed Chairman. People of the world rejoice, a new dawn is breaking!

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How much information do Bloomberg reporters have access to on Bloomberg trading terminals?

Though I have real issues Mayor Bloomberg, the publication which bares his name is often superb. We highlight their articles regularly at ACC.

But Bloomberg publishing has got a real problem on its hands. On Friday the story broke that reporters at the magazine and website may have had access to when bankers and traders from Goldman Sachs, The Federal Reserve,  to the Vatican were online, and even what their keystrokes were. Pretty high quality information.

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If you weigh over 260 lbs, you are not allowed to use the new NYC bike share program.

We have bike share in Washington DC and it seems to work pretty well. So long as the program is privately funded in New York I have no problem with it for the most part. (I believe the program is publicly funded in DC though, and the program in New York has still been decreed by city hall.) But Mike Bloomberg, New York’s Napoleon and Dietitian in Chief has decreed that if one is fat one may not use the bikes in the new program.

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Goldman Sachs, Citigroup, Received Fed Minutes Early

Good information is the most valuable commodity one can posses. When good information comes from one of the most powerful entities in the known universe, the Federal Reserve, this is especially the case. Getting early access to whether the Fed will lower rates, raise rates, or keep them the same would be the ultimate advantage for an investor. Yesterday the world learned that such an advantage was given to some of the worlds largest banks, accidentally.

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