Nancy Miller

Obama May Be Ready to Let Bernanke Go

online.wsj.com — In a TV interview the president said the Fed chairman had already been in the job longer than he wanted.

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How much are your personal data worth?

ft.com — Explore how valuable your data are with this interactive calculator. While the multibillion-dollar data broker industry profits from the trade of thousands of details about individuals, those bits of information are often sold for a fraction of a penny apiece, according to industry pricing data viewed by the Financial Times.

Pay to Play: Pros who pay for advanced peek are cheating and the sellers know it

nancefinance.wordpress.com — Traders are paying up big money to get an early look at market-moving data provided by non-governmental groups. This is pay-to-play, pure and simple. This is way different from data that the government releases. The rules are very strict; if anyone break s an embargo they get the boot.

Traders Pay for an Early Peek at Key Data

online.wsj.com — On the morning of March 15, stocks stumbled on news that a key reading of consumer confidence was unexpectedly low. One group of investors already knew that. They got the University of Michigan's consumer report two seconds before everyone else.

We are shocked, shocked…

davidsimon.com — Is it just me or does the entire news media - as well as all the agitators and self-righteous bloviators on both sides of the aisle - not understand even the rudiments of electronic intercepts and the manner in which law enforcement actually uses such intercepts? It would seem so.

Traders Said to Rig Currency Rates to Profit Off Clients

bloomberg.com — Traders at some of the world's biggest banks manipulated benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to five dealers with knowledge of the practice.