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Busted Billion-Dollar-Baby Fraud Finds Another Greater Fool – Softbank Lends Theranos $100 Million!

Japan’s Softbank Group is coming to the rescue of yet another embattled Silicon Valley “unicorn”. The Wall Street Journal reported Saturday that Fortress Capital, the publicly traded private-equity firm that agreed to sell itself to the Japanese conglomerate earlier this year, has extended a $100 million loan to Theranos, which is still facing multiple lawsuits […]


How The Crypto Market Behaves – “It’s A Damn Cycle, Stupid”

Authored by Bruce Hunt via Hackernoon.com, TL;DR Btc leads bull rally. Top altcoins follow behind bitcoin. Majority of altcoins rally behind bitcoin and top altcoins. Huge corrections begins. Btc corrects, new floor price. Majority of altcoins follow, new floor price as well. Drought for months to a year. Crypto space waits for “huge event” to […]


Overstock.com CEO Exploring Sale To Fund Blockchain-Backed Global Property Venture

It’s fairly easy to categorize Patrick Byrne, the founder of Overstock.com, as a visionary, although he is usually described in less glowing terms in the mainstream media, a typical adjective being “controversial”. Byrne founded the $1.4 billion internet retailer of mainly “closeout” merchandise in 1997. In January 2014, Overstock became the first major online retailer […]


Drain the Swamp, or Spread the Swamp? Lawmakers Pitch Relocating Agency Headquarters

Via The Daily Bell The U.S. government plans to spew occupying forces far and wide within the United States. Or… The U.S. government will distribute the income of the bureaucratic class across distressed regions of the country. Are they spreading the wealth, or spreading the swamp? The government’s definition of decentralizing is certainly not the same […]


Former U.S. Defense Secretary Explains Why Nuclear Holocaust Is Now Likely

Authored by Eric Zuesse, The Stanford mathematician William J. Perry was a strategic nuclear advisor to U.S. President John Fitzgerald Kennedy during the Cuban Missile Crisis in 1962, and then he became U.S. Secretary of Defense under President Bill Clinton. He stated in a speech on November 28th at the National Cathedral in Washington DC, that […]


John Podesta Lashes Out At Feminist Over Pizzagate Question At Duke University

Submitted by iBankCoin.com Former Clinton campaign manager John Podesta jumped down the throat of feminist and Political Science major Nicole Kiprilov in front of 300 people at Duke University Wednesday, after the undergrad asked Podesta questions about how he responds to various controversies including ‘Pizzagate,’ Uranium One, The Podesta Group, and Joule Unlimited – a now-defunct Boston green energy company Podesta sat on […]


John Podesta Bites Head Off Feminist Over Pizzagate Question At Duke University [VIDEO]

Content originally published at iBankCoin.com Former Clinton campaign manager John Podesta jumped down the throat of feminist and Political Science major Nicole Kiprilov in front of 300 people at Duke University Wednesday, after the undergrad asked Podesta questions about how he responds to various controversies including ‘Pizzagate,’ Uranium One, The Podesta Group, and Joule Unlimited – a now-defunct Boston green energy company Podesta sat […]


AAA-Rated Oxford University To Issue £250 Million Ultra Long 100-Year Bond

Individual Oxford colleges – there are thirty-eight altogether – have issued bonds in the past, but this will be a first for the ancient University as a whole. Timed to perfection for its upcoming bond issue, Moody’s today assigned a “AAA” credit rating, with a stable outlook, to the 900-year old institution. According to Moody’s, […]


Oxford University To Issue £250 Million Ultra Long 100-Year Bond

Individual Oxford colleges – there are thirty-eight altogether – have issued bonds in the past, but this will be a first for the ancient University as a whole. Timed to perfection for its upcoming bond issue, Moody’s today assigned a “AAA” credit rating, with a stable outlook, to the 900-year old institution. According to Moody’s, […]


California Clears First Hurdle In Effort To Split Into Three States

After several failed Calexit attempts over the past several months (see: CalExit 3.0: New Petition Calls For Cali Secession…3rd Time’s A Charm?), tech billionaire Tim Draper is pursuing yet another major shakeup in the Golden State.  According to the New York Times, Draper is convinced that a state of 40 million people is simply “ungovernable” […]


Mnuchin Says White House Is “Focused On Finding A Successor To Yellen”

President Donald Trump is a showman whose love for spectacle has transformed even mundane personnel decisions into elaborate pageants – as the New York Times pointed out last night. And of all the turmoil in the administration's process of hiring, and firing, employees, nothing has quite underscored this fact more clearly than Trump's quest to […]


Fed Candidate Taylor Courts Trump And Downplays His Rule (Again)

Conveniently, since he remains a front runner (admittedly well behind Powell) to become the next Fed Chairman, John Taylor was able to inject a few soundbites into the media-sphere yesterday. As Bloomberg reports, John Taylor, the Stanford professor who is among the finalists that President Donald Trump is considering to lead the Federal Reserve, argued […]


7 Thoughts On Blockchain, Cryptocurrency, & Decentralization After Another Three Months Down The Rabbit Hole

Authored by Lou Kerner via HackerNoon.com, Everyone’s ADD, including me. I get attracted by shiny objects. I first noticed Bitcoin as a shiny object in mid-2013. I went down the rabbit hole far enough for The Wall Street Journal to call me “Wall Street’s Bitcoin expert” while they live blogged a Bitcoin conference call I […]


WSJ Endorses Warsh, Taylor; Says Powell “Status Quo” Is Not What Trump Campaigned On

Despite bookies' odds surging and Politico 'sources' suggesting Jerome Powell will be the next Fed head, it appears The Wall Street Journal Editorial Board is not buying it, and endorses Warsh or Taylor, saying that Trump needs a leader at the central bank who supports faster growth. President Trump is finishing his interviews to choose […]


Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]