Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a have
Investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a haven for criminals and shady corporations. This plan includes serious privacy training, and monitoring of policy concerns. With 2 billion users, will have immediate access to these products, but also from consumers, festers, and the global economy. In addition, facebook has proposed government guarante
Melanie has the story. It wasnt the San Francisco p o a journal front page headline making headlines rather the augustd 2016 journal end point. Show as picture of black lab wearing a sign that says black labs matter next to picture of joel lab wearing a sign that says all lab matter alongside the picture the word maybe at the time we all just sit back and tone down the rhetoric. Insensitive. It was dehumanizing and i was appalled once again at the conduct and the actions of the San Francisco Police Officers association. Vg5 o 2016. Mn right noagoing on inns San Francisco acrossw the united states. Reporter the p66 o a told 7 newsi it has noox comment about then ad. I talk to thevn sergeant of very1s8n apologetic. Cause me to say what mecge they trying to sichbility retired San Jose Police officer n simply the Law Enforcement officers pointing out that there needs to be less polar sayings in this country between the races and between the communities and law enforcemen enforcement. I p
Is. Learned some witness would stood over him thought the worst. I mean we were just completely dead. For someone to have done that and ton this and just flee. I dont know what kind of judgment it shows. I spoke with the other victim in this accident named frank ville at San Francisco General Hospital and has a broken neck, broken jaw and a broken nose. He told me that hes on pain killers and resting. Reporting in San Francisco, melanie, abc 7 news. The family of young woman who was stabbed to death says they feel sorry for the man accused of killing their daughter. Colleen straw family released the statement to 7 news. It reads while our hearts are broken at the loss of our beautiful daughter we cant help but feel sorrow for his parents as they suffer the loss of a son just as we must suffer the loss of our daughter. We were in redwood city as swat officers took 22yearold anthony into custody last night. Hes expected to make the First Court Appearance tomorrow. He killed straw his gir
How Angel Investors and venture capitalists may exit in the new year. First up, a focus on hedge funds. The s p 500 year to date have aances happening shift from stocks. One of the biggest beneficiaries of money money moving from bonds to venture driven funds that have wall stocks in them, right . Institutional managers think that the bond rally that we have seen is coming to an end, so they are reallocating potentially more money to event driven strategies like polson. The numbers really tell the story here. If you look at the first nine months of the year, equity and event driven strategies gained about what a billion dollars in in that was a school where its relative file you funds in about 21 billion. That is a really big conference from 2002 when you saw a huge amount of money going in, and and a loss about money coming out of the equity funds to the tune of 70 billion. That point to a real turnaround here in the way that investors are thinking about how to allocate. When you thin