Using Veritas to Construct the "Per…

29-04-2017 Hits:87218 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

Read more

The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:81135 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

Read more

What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:80977 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

Read more

Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:85450 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

Read more

This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:81949 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

Read more

What is the Value Proposition For Verita…

01-04-2017 Hits:84136 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

Read more

This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:55199 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

Read more

Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:83393 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

Read more

Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:83134 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

Read more

The Country's First Newly Elected Lame D…

27-03-2017 Hits:83025 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

Read more

Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:89286 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

Read more

The Transformation of Television in Amer…

21-03-2017 Hits:86998 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

Read more

Finally, measures that are actually attacking the root of the problem in lieu of chasing after the consequences.

CNBC: Obama to Take Tougher Line on Wall Street Big Banks


President Barack Obama, reeling from an election defeat in the U.S. Senate, will propose stricter limits on financial risk-taking on Thursday in a move that may recall Depression-era curbs on banks.

 "The proposal will include size and complexity limits specifically on proprietary trading and the White House will work closely with the House and Senate to work this into legislation," the official said.

The key is to allow firms to escape this limitation through significant reduction in size. Once you hit a few billion or so in assets, you (by default) should be limiting the risks that you take. 

A more aggressive proposal was put forth last month by former Republican presidential nominee John McCain and Democratic Senator Maria Cantwell. Their measure would reinstate the 1930s-era Glass-Steagall limits on banking by barring large banks from affiliating with securities firms and being in the insurance business.

Passage of the Cantwell-McCain bill would force firms at the center of last year's financial crisis - such as Goldman Sachs, Morgan Stanley, Citigroup, JPMorgan Chase and Wells Fargo - to rethink their banking, investment and insurance operations.

 ... Obama will speak at 11:40 a.m. eastern standard time, following a meeting with Paul Volcker, the former Federal Reserve chairman who heads his economic recovery advisory board and who favors curbing big financial firms to limit their ability to do harm.

Why is it that Volcker seems like the one of the very few with common sense down there?

Obama has already unveiled a plan to tax banks up to $117 billion over the next 10 years to recoup money taxpayers lost in the bank bailout conceived by his predecessor, former President George W. Bush, to stem the financial crisis.

Obama is picking on a popular enemy. Ordinary Americans, facing 10 percent unemployment as the economy recovers from the recession inflicted by the financial market collapse, have been enraged by reports of multimillion-dollar banker bonuses.

Goldman Sachs is expected to report strong earnings on Thursday. Critics argue that such large profits -- and similarly large bonus payouts -- are only possible because of public support of financial institutions.

Actually, any objective person who was paying attention would argue that. See AIG Took Four Tries on Filing as N.Y. Fed Asked to Withhold Swaps Records and conceptualize Goldman's earnings with that $7 billion dollar hole from the AIG haircut, and the daisy chain effect it would have caused if a) they would have tried to enforce their credit protection purchased on AIG, or b) it was found that they purchased that credit protection with knowledge of inside information on AIG since one of their board members at on the NY Fed as well, not to mention their ex-CEO being the treasury secretary, or even to mention Geithner at the NY Fed having some connections.