China

  • 16 Apr 2014 at 2:50 PM

The Bitcoin Bugle: Sinobits!

The Chinese may not like bitcoin. And they may not want their banks doing any kind of business with anything bitcoin-related. But they aren’t going to be so vulgar as to ban it. In fact, they’ll even let their citizens waste their hard-earned yuan on it. Read more »

If the Mt. Gox founder would like to avail his company of all of the wonderful protections offered by Chapter 15 of the U.S. Bankruptcy Code, he’s going to have to spend a bitcoin or two on a ticket to Dallas. Read more »

  • 28 Mar 2014 at 1:31 PM

The Bitcoin Bugle: China Fucking With Bit Again

The People’s Republic is doing its part to make sure the year 2014 is the cryptocurrency’s last, upping its December bar on banks trading in bitcoins to and outright ban on banks doing any kind of business with bitcoiners at all. Read more »

  • 03 Dec 2013 at 1:26 PM

How To Be More Like Goldman Sachs, Part Four

Kicking off this week, ignore history and gamble that Chinese companies will grow—but that their favorite metallic addiction will get cheaper, anyway. Read more »

Earlier this week, SAC Capital agreed to plead guilty to insider trading and pay a $1.8 billion fine. Some people– namely, the Department of Justice, Steve Cohen and those who work for him– are, if not wildly pleased with the terms, at least prepared to go along with them, assuming it is approved this afternoon . Others, namely shareholders of Wyeth and Elan, feel differently. They want U.S. District Judge Laura Swain Taylor to reject the agreement outright and as for what kind of punishment should be dealt out instead? “Eddy N” has some ideas. Read more »

Just kidding. It’s the usual suspects. Read more »

No one waiting out the longest layover in history was going to stymie five years of talks to agree to talk for many, many years to come. Read more »