Article: Overstock Fights Wall Street Over Dividend Amid 400% Rally

Article - Media

Overstock Fights Wall Street Over Dividend Amid 400% Rally

Robert Schmidt and Ben Bain

Bloomberg, 18 May 2020

If Overstock’s dividend plan proves successful, the implications for U.S. markets could be significant. More companies may decide to dabble in digital assets or add restrictions to their shares, especially if they find that doing so gives them more sway over their investors. On Wall Street, brokerage firms and exchanges are loath to see the launch of any security that raises the specter of a monopoly and could cut them out of trading and listing fees.

Continue reading “Article: Overstock Fights Wall Street Over Dividend Amid 400% Rally”

Article: 10 weapons Wall Street uses to manipulate you

Article - Media, Publications

10 weapons Wall Street uses to manipulate you

Paul B. Farrell, 18 February 2014

New “Infinity Machine!” Yes. “Quantum Leap?” Yes. “The Future of Computing?” Well, no IPO yet. No Dell laptops. But wow, Time’s cover story sure is heaping praise on the amazing new quantum physics computer technology:

New quantum computing “promises to solve some of humanity’s most complex problems … backed by Jeff Bezos, NASA and the CIA … each costs $10,000,000 … operates at 459 degrees below zero.” Even the fact that “nobody knows how it actually works” isn’t a problem, says Time’s Lev Grossman. Why? Quantum computing “will change how we cure disease, explore the heavens and do business on Earth.”

But is it really a miracle-worker? Will it come with a moral conscience? Know right from wrong? Or will the amazing “Infinity Machine” just be the next generation of superhot, but soulless big-data processors? Ask yourself: Continue reading “Article: 10 weapons Wall Street uses to manipulate you”