With the walls closing in on his decades-long Ponzi scheme, Bernie Madoff cried to his top lieutenant, �The whole goddamn thing is a fraud.
The moment has come to take Bitcoin seriously. This month has seen notes on the online currency from mainstream foreign exchange analysts at Wall Street banks Citi and BofA Merrill Lynch.
U.S. stock futures inched lower Wednesday as investors worried that the U.S. budget deal announced late Tuesday could strengthen the case for the Federal Reserve to taper its asset purchases at its meeting next week.
Once upon a time, namely 2009, Paul Volcker had a simple idea to make deposit-taking banks safer by prohibiting them from trading for their own accounts.
Asian markets fell Wednesday as fears that the Federal Reserve will soon wind down its stimulus programme overshadowed a US budget deal to avoid a repeat of the October government shutdown.