emkemp

8 ms·

1.
by emkemp 3y ago
"Roth IRAs are as good a retirement vehicle as you can have." Except that contributions are after-tax, and have a lower cap than 401(k) accounts. So there is a tradeoff.
2.
by emkemp 3y ago
Counterpoint: Oracle Corporation.
3.
by emkemp 3y ago
True, but in American law at least, some crimes like murder don't have a statute of limitations.
4.
Harry Markowitz, Nobel-Winning Pioneer of Modern Portfolio Theory, Dies at 95(nytimes.com)
3 points by emkemp 3y ago|0 comments
5.
by emkemp 3y ago
I should add, on the same page, there is an excerpt of an interview with his sister Lynn who set Dennis up with a friend for her junior prom. So he at least dated. More broadly: "As a youth Dennis was social and outgoing, then in youn
6.
by emkemp 3y ago
He reportedly was never in a relationship. This comes from unidentified members of the Ritchie family who set up a web site focussed mostly on his unpublished PhD thesis. The site includes some personal information on his life. From http
7.
by emkemp 3y ago
I think labeling it a "show trial" goes too far. Three of the original defendants (Fritzsche, von Papen, and Schacht) were acquitted; and Doenitz was spared the death penalty for his unrestricted submarine warfare orders because
8.
by emkemp 3y ago
Note for the casual hockey fan: The NHL overtime system is different in the playoffs, since the playoffs requires clear winners and losers. (Game 1 of the 2023 Eastern Conference Finals featured four overtime periods; and the tie-breaking&
9.
by emkemp 3y ago
That headline doesn't read well. Maybe "IRS can sometimes get taxpayer's financial info from third parties without notifying taxpayer." The "sometimes" is important. The law normally requires notification, bu
10.
Big banks asked for final bids on First Republic(cnbc.com)
4 points by emkemp 3y ago|0 comments
11.
by emkemp 3y ago
"We could start the cutting with the Defense budget, but I won't hold my breath." Given events over the last ~15 months in Ukraine, I think this is a bad time for defense cuts.
12.
by emkemp 3y ago
Or when Britain "invaded" Spain. https://www.cnn.com/2002/WORLD/europe/02/18/britain.marines/...
13.
by emkemp 3y ago
"(fact) America is a single market with a single language with basically a single set of regulations." I'm probably being pedantic, but: the "single set of regulations" really is an oversimplification. Each state
14.
by emkemp 3y ago
SVB's haircut was from LONG TERM bonds. Not T-Bills.
15.
by emkemp 3y ago
This is good for bitcoin. /s
16.
by emkemp 3y ago
"The FED does not loan money." This is quite wrong. https://www.federalreserve.gov/monetarypolicy/discountrate.h... https://www.federalreserve.gov/monetarypolicy/standing-overn... https
17.
by emkemp 3y ago
The trading desk is not for investing by the Fed. That's for influencing interest rates based on inflation/deflation concerns and overall employment. Investors buy or sell securities to earn a profit. Not the Fed.
18.
by emkemp 3y ago
"You realize if Harambe had lived, he would have killed himself." --Trevor Noah, re: 2016.
19.
by emkemp 4y ago
DON"T GIVE THEM IDEAS.
20.
by emkemp 4y ago
NitPick: The Deposit Insurance Fund invests in Treasury securities, so technically there is a little taxpayer money from interest payments. But the contributions to the Fund are all from member banks, not from the Federal budget. https:&#
21.
by emkemp 4y ago
Nitpick: The Fed isn't selling bonds. Maybe they meant the Treasury?
22.
by emkemp 4y ago
Re Kilts, I'm reminded of that scene in _Braveheart_ where the Scots start flashing and mooning the English before a battle starts.
23.
FTX founder Sam Bankman-Fried hit with new criminal charges(cnbc.com)
40 points by emkemp 4y ago|4 comments
24.
Elon Musk’s lawyer asks court to throw out ‘Twitter sitter’ deal with SEC(cnbc.com)
6 points by emkemp 4y ago|0 comments
25.
by emkemp 4y ago
"Those responsible for sacking the people who have just been sacked, have been sacked."
26.
by emkemp 4y ago
Um, the Air Force still uses the U-2. As does NASA. https://en.wikipedia.org/wiki/Lockheed_U-2#Operators
27.
by emkemp 4y ago
Fortran 2008.
28.
Feds seize almost $700M of FTX assets in Sam Bankman-Fried criminal case(cnbc.com)
1 points by emkemp 4y ago|0 comments
29.
FTC wants Martin Shkreli held in contempt of court for forming new drug firm(cnbc.com)
10 points by emkemp 4y ago|0 comments
30.
Elizabeth Holmes bought one-way ticket to Mexico after convicted of fraud(nbcnews.com)
127 points by emkemp 4y ago|150 comments

More ›