News 

CFTC secures final judgment against Paul Greenwood in $1.3bn investment fraud case

“The United States Commodity Futures Trading Commission (CFTC) has secured a final judgment against Paul Greenwood, a defendant in a $1.3 billion investment scam case” reports financefeeds.com. According to the complaint, to cover-up their misappropriation of pool participants’ funds, Greenwood and Walsh manufactured promissory notes to present the appearance that pool participants’ funds had been loaned to them.The defendants defrauded victims by falsely depicting that all pool participants’ funds would be employed in a single investment strategy that consisted of index arbitrage.However, pool participants’ funds were transferred to another entity…

Read More
News 

Hong Kong’s cash pool tightens as Alibaba primes for $13 billion listing

“HONG KONG (Reuters) – Alibaba Group’s $13.4 billion Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July” writes Midwest Communications Inc for 95kqds.com. In late October, the Hong Kong Monetary Authority said there was no obvious capital outflow from its banking system.Cheung added interbank rates could stay elevated if capital outflow concerns persisted after the Alibaba listing is wrapped up. Source: 95kqds.com

Read More
News 

University of Michigan pools reopen after 10 illnesses stemming from fecal matter

“According to the health department, Cryptosporidium has a tough outer shell that allows it to survive for a long time in harsh environments” writes Martin Slagter for mlive.com. ANN ARBOR, MI – All four pools in the University of Michigan’s Canham Natatorium and two others have reopened after 10 confirmed cased of Cryptosporidium closed them down earlier this month. Source: mlive.com

Read More
Brokers News 

B2Broker Extends its Multi-Asset Liquidity Pool with Tools for Brokers

“In summary, B2Broker offers its clients access to the deepest liquidity pool and highest institutional leverage available, enabling liquidity to many major, as well as smaller forex brokers and several exchanges” writes Finance Magnates Staff for financemagnates.com. We aggregate liquidity from top Tier-1 liquidity providers within our eco-system and provide this liquidity to brokers who are then connected into our liquidity pool in just 5 minutes.Liquidity is aggregated from top Tier-1 liquidity providers including other cryptocurrency exchanges, non-bank liquidity providers, forex brokers, cryptocurrency brokers, Market Makers, OTC orders of institutional…

Read More
News 

Tax sharing in Minnesota means sharing tax base: Cleveland 2030, A Way Forward

“That information is then fed into the formula that calculates an areawide tax rate to apply to the pooled areawide tax base” writes Cleveland Com for cleveland.com. Counties, school districts and special taxing districts rely on the same tax-base sharing process to collect their property tax revenues.The complicated part involves pooling a portion of the tax base from each of 180 cities and townships in a seven-county region, and then reapportioning that tax base in the pool according to the needs of each community.This areawide rate and each city’s local…

Read More
News 

Fans Are Freaking Out About Miley Cyrus’ “Slide Away” Music Video and All the Easter Eggs

“After a day of teasing her new music video for “Slide Away,” Miley Cyrus gave her fans what they’ve been itching for since she first came out with the song right after her breakup with Liam Hemsworth” writes Shannon Barbour for cosmopolitan.com. But aside from the lyrics, the video definitely has major sad breakup vibes. Source: cosmopolitan.com

Read More
News 

Multi-million dollar renovation makes local pool a crown jewel

“The old pool was un-salvageable, so a completely new one was constructed” writes Nj Advance Media for nj.com. Ground was broken last September at the then blighted site, where weeds sprouted from shallow algae-filled water in the old pool’s grafitti-laden deep end.The site has undergone a multi-million dollar renovation through the NJDEP Green Acres Program.The historic stone pool house was preserved and the fully-equipped site now includes two splash pads and a pavilion. Source: nj.com

Read More