The algorithms hum in the deep neon of the Chicago evening, ticking away like a million little telegraphs from a future we didn’t ask for. Down on LaSalle Street, the margins are up. Goldman Sachs reports that corporate markups have doubled since the late eighties, a cold ten percent of pure extraction built on the Read More …
Tag: money
Peter Thiel Thinks You’re Dumb
Peter Thiel Thinks You’re Dumb The author emphasizes that the true divide is not between political parties, but between the wealthy elite and the working class. They pledge solidarity with teachers, union organizers, state college graduates, and any individuals, regardless of their background, who are willing to fight against this perceived injustice. The author’s central Read More …
The Special Dividend Loan
The “Special Dividend Loan” is another way private equity can suck cash out of other institutions while they continue to strip mine a company. I think the rules might work a little differently for them.
Are we doomed?
I was the designated driver this weekend for the kids sporting events, so we packed up the car and drove to the very near south suburbs for some all day volleyball. The tournament was great, and the Wintrust sports complex is pretty good but the fact it needs video games and laser tag is also Read More …
Why You’re Not Getting Paid
Why You’re Not Getting Paid The Streaming Money You Earned (And How To Get It) SF MusicTech 2014
Changes in net worth of Congress Critters
Brought to you by Open Secrets. Just because I like to read the site. For the first time in history, the majority of America’s elected officials in Washington, D.C. are millionaires. At the same time, 50 percent of Americans cannot afford to spend $5,000 in an emergency. For many people that number is even lower. Read More …
More Snarky Investing Thoughts
So this round of snarky investing thoughts, with the follow the money purpose is focused on music today. Specifically music distribution as it relates to streaming. I think. It starts with this you tube post :: In the video, and in this diagram, you can see all of the “hands” that in the cookie jar Read More …