After two years of challenging the Trump administration, New York Attorney General Letitia James is taking on Facebook and Google in antitrust cases, suing to dissolve the National Rifle Association
New York versus the world: Letitia James is picking big fights
Erik Larson, Bloomberg
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1of3Letitia James, New York state s attorney general, during a news conference in New York on Aug. 6, 2020.Bloomberg photo by Peter Foley.Show MoreShow Less
2of3Letitia James, New York attorney general, center, speaks to members of the media as Julie Menin, director of the census for New York City, right, and Dale Ho, director of the American Civil Liberties Union voting rights project, left, listen outside the U.S. Supreme Court in Washington on April 23, 2019.Bloomberg photo by Andrew Harrer.Show MoreShow Less
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Spite Investing and Politics in New York State By Susan Arbetter New York State PUBLISHED 5:00 PM ET Feb. 03, 2021 PUBLISHED 5:00 PM EST Feb. 03, 2021
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It’s not yet clear if there’s been any wrongdoing in the wild west kind of Wall Street trading
Capital Tonight, where’s there’s money and power, there’s bound to be politics.
And politics means investigations, especially when members of the donor class, like hedge fund billionaires, start losing money.
In this case, Chung said, politics could influence who gets investigated, and which level of government does the investigating.
As of today, U.S. Securities and Exchange Commission investigators are
Behind the Bitcoin bubble
Andy Kessler
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To figure out if you’re in a bubble, you need to find the source of the hot air. Obvious for GameStop, but for bitcoin, not so much.
In July 2018, we wrote about the cryptocurrency company Tether, which issues tokens called tethers that trade under the symbol USDT and should be valued at $1 making the currency a “stablecoin. Tether’s creators might have manipulated bitcoin, a University of Texas paper suggests, by issuing tokens willy-nilly unbacked by real dollars and then buying bitcoin to jack up its price. (The company claims the research is flawed.)
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