The European Union will be very cross if it finds out that the International Swaps and Derivatives Association conspired with its members to keep out would-be members. Read more »
European Union
So much for the new era of good feelings between the U.S. and European Union.
The former, I’m sure, doesn’t especially care if 11 members of the latter decide to tax their own people and companies when they trade a security. That’d be pretty good for business on this side of the Atlantic, and the other side of the Channel, as well. But the proposed financial-transaction tax as written? It’s not sitting well with Washington. Read more »
Greece Finance PM Has A Message For EU Members: Not Even A Valtrex Rx Will Make Us Go Away
By Bess LevinEvangelos Venizelos, who was brought in as Finance Minister of Greece just two weeks ago…reinforced the importance of euro zone membership to the country and said: “We are a member of the European Union and a member of the euro zone. This is definitive and not a reversible situation.” [CNBC]
It’s been made perfectly clear by everyone with something to lose from Europe’s ever-changing-but-still-draconian hedge fund regulation proposals that they’ll be a disaster. Hedge funds will leave in droves, London will be left a ghost town with tumbleweed rolling down Knightsbridge Road, subsistence farming in Hyde Park and (most terrifyingly) slightly less rich people occupying Mayfair townhouses.
So, yes, we get it: The regulations are going to hurt. But one lawyer is not content to leave the fearmongering at a reasonable level.
The regulations, watered down or not, will wash the European Union clean of hedge funds, according to Freshfields Bruckhaus Deringer’s Michael Raffan.
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SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
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In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
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