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Is Elite College Worth It? Maybe Not (#GotBitcoin?)

Wealthy parents who spend heavily to get their kids into top schools aren’t giving them as big an advantage as commonly thought, research shows. Is Elite College Worth It? Maybe Not (#GotBitcoin?) We’re told ad nauseam that college is the key to success. Is it any wonder that some parents…

Jumbo Mortgages Are Slowing Down, Testing Banks’ Postcrisis Playbook (#GotBitcoin?)

High-end home buyers are turning cautious, a blow to banks that refocused their mortgage businesses around wealthy borrowers in the years after the financial crisis. Jumbo Mortgages Are Slowing Down, Testing Banks’ Postcrisis Playbook (#GotBitcoin?) Loans too big for Fannie and Freddie dropped 12% last year by dollar volume Originations…

Facebook Says Millions of Users’ Passwords Were Improperly Stored in Internal Systems (#GotBitcoin?)

Report shows files containing passwords were accessible to as many as 20,000 Facebook employees. Facebook Says Millions of Users’ Passwords Were Improperly Stored in Internal Systems Facebook Inc. FB +0.35% stored hundreds of millions of user passwords in a format that was accessible to its employees, in yet another privacy…

Central Banks See Negative Interest Rates (#GotBitcoin)

Abrupt changes in the policies of the world’s largest central banks have rippled through smaller economies, leaving them with the prospect of low and even negative interest rates for years to come despite having mostly healthy economies. Central Banks See Negative Interest Rates (#GotBitcoin?)     Policy U-Turns From The…

Lithuanian Man Pleads Guilty In $100 Million Fraud Against Google, Facebook (#GotBitcoin?)

Evaldas Rimasauskas In District Court In Vilnius, Lithuania, In May 2017 A Lithuanian man pleaded guilty to his role in a complex wire fraud scheme that resulted in the theft of over $100 million from Alphabet Inc.’s Google and Facebook Inc., prosecutors said Wednesday. Lithuanian Man Pleads Guilty In $100…

Square Is Hiring New Crypto Engineers — And It Wants to Pay Them in Bitcoin (#GotBitcoin?)

Payments startup Square plans to hire a number of engineers and a designer to work on its crypto initiatives, according to tweets from CEO Jack Dorsey. Square Is Hiring New Crypto Engineers — And It Wants to Pay Them in Bitcoin Dorsey, who also founded and runs Twitter, announced Wednesday…

Manufacturer of AR-15 Can Be Sued Over Sandy Hook Massacre, Court Rules (#GotBitcoin?)

Connecticut Supreme Court allowed victims’ suit to move forward over its marketing of the gun. A top manufacturer and distributor of AR-15-style rifles can be sued for advertising and marketing practices that a lawsuit claims has made the gun the weapon of choice for mass shooters, the Connecticut Supreme Court…

Trump Silent On Mass Detentions, As China Razes Muslim Communities To Build A Loyal City (#GotBitcoin?)

In this old Silk Road city in western China, a state security campaign involving the detention of vast numbers of people has moved to its next stage: demolishing their neighborhoods and purging their culture. Trump Silent On Mass Detentions, As China Razes Muslim Communities To Build A Loyal City  Authorities…

College Cheating Scandal Should Focus On Donald Trump Wharton/Fordham Transcripts (#GotBitcoin?)

“I went to the Wharton School of Business,” Donald Trump routinely brags at his campaign rallies. “I’m, like, a really smart person.”College Cheating Scandal Should Focus On Donald Trump Wharton/Fordham Transcripts And I’m, like, really? We don’t believe you. We think you’re full of it, just like you grossly exaggerate…

Key Ingredient In College-Admissions Scheme: A Harvard-Graduate Test Whiz (#GotBitcoin?)

Mark Riddell, a 36-year-old Harvard University graduate, used his uncanny ability to boost scores fraudulently on college-entrance exams for teens of wealthy families participating in the scheme, according to federal filings. Key Ingredient In College-Admissions Scheme: A Harvard-Graduate Test Whiz Mark Riddell used his uncanny test-taking ability to boost scores…

Can A Person Learn While Sleeping? (#GotBitcoin?)

A growing number of neuroscientists believe that sleep not only helps cement memories, but is actually a time to learn something new. Can A Person Learn While Sleeping? Some Studies Show It Is Possible To Learn New Information During Sleep, Such As New Vocabulary In A Foreign Language. For most…

Negative Interest Rates In Europe, Depressing Retail Sales And Plunging U.S. Imports, Q.E. Back On The Table (#GotBitcoin?)

Abrupt decline in inbound container volume at California’s big gateways came after shippers pulled forward purchases from Asia ahead of potential new tariffs. Negative Interest Rates In Europe, Depressing Retail Sales And Plunging U.S. Imports, Q.E. Back On The Table (#GotBitcoin?) U.S. Seaborne Imports to Los Angeles, Long Beach Plunged…