Write about Wall Street for the WSJ's Heard on the Street. Formerly: Wall Street lawyer, DealBreaker EIC, BI managing editor, CNBC NetNet founder. Trouble maker

More Capital Punishment for Big Banks

wsj.com — Raising the 'stress test' capital bar puts even more pressure on giant banks to shrink The Federal Reserve is tightening the screws on the biggest U.S. banks. For months, banks have been haunted by the question of whether the newly announced minimum capital requirements would be incorporated into the Fed's annual "stress tests."
Nov 24, 2015

Big banks will likely need even higher capital levels to pass stress tests on.wsj.com/1TdiUxG @WSJheard @carney

Taxing times ahead: Officials

Sunday Conversation: Church youth minister gets on-the-job training

t-g.com — This week, our Sunday Conversation features Alden Procopio, who started this summer as director of children's and youth ministries at First United Methodist Church on the square even as she pursues a master's degree. Procopio was placed at First UMC through the interdenominational Brentwood-based Center for Youth Ministry Training (cymt.org), which was co-founded by Brentwood United Methodist Church and Nashville First Presbyterian Church...

Julian Musumeci held in Bolivian jail after trying to board flight with dynamite

dailymail.co.uk — Julian Musumeci from Townsville allegedly had explosives in his backpack A friend said he may have been given them as a leaving present Another family friend described him as a 'run-of-the-mill good kid' Mr Musumeci, 24, Justin Maurice Kwong Wei Sun, 25, and Liam Mark Eales, 25, were stopped at Bolivia International Airport Mr Sun and Mr Eales were later released from custody after questioning Australian backpacker Julian Musumeci who was arrested at Bolivia International Airport on November 12 after explosives were reportedly found in his backpack may have been given them as a quirky leaving present.

Big Banks’ New Burden: What Lurks in Debt Rules?

wsj.com — The Fed's proposal to require banks to hold more long-term debt contains some unexpected twists. The latest plan to bolster banks-and keep taxpayers from footing the bill for their failure-comes with unexpected twists that could weigh on bank earnings. Under new rules proposed by the Federal Reserve just before Halloween, the biggest U.S.
Nov 23, 2015

Big banks’ new burden: What lurks in debt rules? on.wsj.com/1Hgtdjg TLAC ATTACK

Why Square Has to Get Out of the Payments Circle

wsj.com — The future of Square isn't payments. The company needs to grow its small-business-services unit to prosper Square needs to get outside the payments box. The focus of the company, which on Thursday made its stock-market debut, has been providing small businesses with the ability to accept credit-card payments.
Nov 19, 2015

Don't be fooled by today's pop: Here's why @Square has to get out of the payments circle on.wsj.com/1OhyRBf $SQ via @wsjheard @carney

Nov 19, 2015

Why Square has to get out of the payments circle on.wsj.com/1OhyRBf via @WSJ $SQ

Nov 19, 2015

RT @srussolillo: Don't be fooled by today's pop: Here's why @Square has to get out of the payments circle on.wsj.com/1OhyRBf $SQ via @wsjheard @carney

Sydney man arrested with submachine gun in taxi in Marrickville

dailymail.co.uk — Submachine gun was found in a man's bag in Sydney's innerwest Man, 41, arrested by police in Marrickville after he got out of a taxi He had a fully automatic sub-machine gun, a clip and 15 shotgun shells Man taken to Newtown police station and charged with firearm offences New South Wales Police have released a photograph of the submachine gun they found in a man's bag in Sydney's innerwest.

Unbearable: How The Bad News Berenstains Wrecked Everything

web.archive.org — Late last October, I found myself looking for a children's book about Thanksgiving, something to introduce my two-and-half year old daughter to the approaching holiday. Owing to a surprising dearth of children's literature about this cherished autumn feast, I wound up with The Berenstain Bears Give Thanks .

What the Fannie and Freddie Pay Cap Means for Investors

blogs.wsj.com — The familiar sounds of political discord were absent Monday night on Capitol Hill as the House of Representatives voted to cap the pay of the chief executives of Fannie Mae and Freddie Mac .

Cassidy Boon claims New Zealanders hate 'strong feminists' like her

dailymail.co.uk — American blogger Cassidy Boon's takes another dig at New Zealanders She criticises their grammar and pronunciation and calls them 'hateful' Boon earlier had released a YouTube video claiming the haka is sexist She said the traditional dance is intended to scare women into submission Because of this she got a huge backlash on social media from Kiwis Cassidy Boon has criticised New Zealanders for their grammar and pronunciation only days after comparing the All Blacks' traditional haka to 'domestic violence and rape'.
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Nov 25, 2015

RT @polly: A look into the complex world of 911 dispatchers in a time of high profile police shootings: bit.ly/1jkk0uw pic.twitter.com/4BBvkkXq2X

Nov 25, 2015

OFR has a new paper out on safe assets as money that argues against idea of safe asset contraction causing crisis. financialresearch.gov/working-papers…

Nov 25, 2015

Pressure on corporate profits may last longer than expected on.wsj.com/1IaKnPn via @WSJMoneyBeat

Nov 23, 2015

Fed’s Tarullo to biggest banks: Stress tests likely will get harder on.wsj.com/1N9wzVK via @WSJ

Nov 23, 2015

@paulkingsnorth I'm nearing the end of The Wake. It's such a terrific book. I'm dreading having no more of this language to read.

Nov 23, 2015

Big banks’ new burden: What lurks in debt rules? on.wsj.com/1Hgtdjg TLAC ATTACK

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