Global internet and going with their own independent version. How about talking less and doing it already. Im their let you in on a little secret. It now is bad time to buy a new iphone. Three new models coming out in september and they will be called the iphone 11 series. Its not that hard to time your tech purchases so you dont end up with that bananas or pay too much just before a big price drop. Thumb, frederick for the super bowl. New iphones will be out this fall. At least one of them will have three cameras off the back including one with a wide angle lens. Samsung already has verified you phone out. Its a pretty safe bet that the newer highend iphone will work with 5g also. Some reports say a 5g iphone is still a year away. Either way, apple always seems to trail samsung in the Innovation Department and it doesnt look like that will be changing this year. Speaking of long waits, a buzz is growing that a long rumored that but pro is coming out this year also. Its supposed to hav
Here to explain, doug holtzeakin, president of the American Action forum. Brian reed chief economist at Investment Company institute, a trade group that represents the Mutual Fund Industry. Guys, it has been almost six years to the day that Lehman Brothers filed bankruptcy and the government ever since has been trying to find a way to keep that kind of financial disaster from happening again. Doug, who do they have their sights on now . And what do they want to do . Well the group in question is the Financial Stability Oversight Council which was created by doddfrank. It has enormous powers to designate a Financial Institution as systematically important. If they do that, they then fall into what is meant to be a much tougher regulatory regime, specifically though, they would end up with the capital charges of 8 in, in a bankstyle regulatory setup. This is utterly inappropriate for mutual fund. It makes no sense whatsoever. It will cost people a lot of money. Gerri lets break that down