Hints and tips:
...The restrictions on investor withdrawals are under consideration because of fears that the firm may suffer high outflows in the coming days, according to two people with knowledge of the discussions....
...Stephanie Kelton: I think a substantial factor is the pandemic....
...Sterling suffers biggest one-day fall against the dollar in a month following UK growth fears, US banks are stepping up the sales of their loan portfolios, and Odey Asset Management continues to spiral after...
...Almost half of its funds, including those run by partners James Hanbury and Oliver Kelton, were later rebranded under the Brook name....
...And these funds are run by a manager called Oliver Kelton....
...Stephanie Kelton’s book [The Deficit Myth] says you can print money to finance deficits until near the end of the cycle, when you hit capacity constraints....
...It runs almost half of the firm’s funds, including those by partners James Hanbury and Oliver Kelton....
...Motors files for bankruptcy protection (FT) Former Fed official teams up with ex-SVB risk officer to launch bank (FT) Wirecard short seller Fraser Perring sues Jones Day and Kroll (Financial News London...
...Elsewhere on Friday: – How to lose $20bn in two days. (BBG,$) – Richard Murphy on Biden’s tax plan. – Starting your own fund: a guide....
...Letters in response to this article: Pandemic advances the US’s day of reckoning / From Bert Ely, Ely & Company, Alexandria, VA, US An image to conjure up in extraordinary times / From James Winpenny,...
...Stephanie Kelton is correct that money is “inherently a credit” (Lunch with the FT, April 18), but as double-entry accounting teaches, for every credit there must be a debit....
...From Keynes to Piketty, the dawn of humanity to modern day Canada, the range of subjects covered is considerable. What do you think of Martin’s choices — and what has he missed out?...
...In March 1917, Vladimir Lenin was living in Zurich, in smelly rooms rented from a shoemaker, spending his days in the library....
...Video of the day The worst economic crisis since the Great Depression?...
...Two experts — Stephanie Kelton and Edward Chancellor — debate the long-term impact on inflation of Covid-19 rescue packages. Rana Foroohar writes that economists need to abandon their comfort zones....
...On Bastille Day that year, one of PSG’s violent fans, Maxime Brunerie, tried to assassinate President Jacques Chirac with a rifle....
...FT premium subscribers can click here to receive Due Diligence every day by email....
...elite by Tony Barber Women make the difference in Angela Merkel’s new cabinet by Frederick Studemann What you've been saying Passengers like WiFi less if they have to pay for it — letter from Rupert Day...
...High studio rents in New York and LA are driving recording studios and artists back to the city, says Kelton....
...The irony is that I’m on my way to a conference where Stephanie Kelton, economic adviser to Trump’s potential opponent, Bernie Sanders, is set to speak....
...brooke.masters@ft.com … Letter in response to this column: CEOs would pay attention to bonus clawbacks / From Erika Kelton...
...Kelton Lynn, product manager for revenue at Twitter, said in a blog post the new combined site gives advertisers “unparalleled scale” across the mobile ecosystem....
...Everything from your right to redeem a dozen baked rolls from your baker one day in the future, to your right to claim 10 days worth of medical services from your local doctor....
...And sure enough, as Bloomberg reports on Thursday, Macquarie’s US operation, which last year took over Fox-Pitt Kelton Cochran Caronia Waller, this week lost US equity capital markets head Jim Rossman...
...One rare example is Flowers’ agreement to flip US boutique bank Fox-Pitt Kelton to Australia’s Macquarie last September for about $147m, reportedly twice what he invested....
International Edition