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PBS Frontline: This “new two-hour FRONTLINE special, Age of Easy Money, [read the transcript here] couldn’t come at a more appropriate time. It’s the story of an epic economic experiment that began in the wake of the 2008 financial crisis and explains how we arrived at this unsettled moment. “If we hadn’t been driving our …
“After every major disaster, many homeowners are shocked to learn that their homeowners insurance fails to pay for their losses. The same is true in everyday events; a plumbing leak that causes thousands of dollars of damage may not be covered under homeowners insurance. The Rutgers Center for Risk and Responsibility at Rutgers Law aims …
Washington Post – “but you may have to work with it Artificial intelligence is increasingly making its way across industries, changing jobs from retail to medicine to marketing…Today, AI can power grocery store robots that change how stores get stocked, speed up vaccine production and generate creative ideas. But the latest advancements raise important questions …
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, March 18, 2023 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the …
Graphic shows USA bank collapses this century to provide content to the scale of the recent SVB collapse. See also Bank financials, 1976–present See also Bloomberg – BofA Gets More Than $15 Billion in Deposits After SVB Fail. Customers seek safety in biggest banks seen as too big to fail. US government unleashed measures to …
CNBC: Morgan Stanley is rolling out an advanced chatbot powered by OpenAI’s latest technology to help the bank’s army of financial advisors, CNBC has learned. The bank has been testing the artificial intelligence tool with 300 advisors and plans to roll it out widely in the coming months, according to Jeff McMillan, head of analytics …
Via Jeremy Singer-Vine / Data is Plural: “Bank financials, 1976–present. The Federal Financial Institutions Examination Council’s National Information Center “provides comprehensive financial and structure information on banks and other institutions for which the Federal Reserve has a supervisory, regulatory, or research interest.” Its datasets include quarterly financial statements for bank holding companies, going back to …
Credit Slips – Adam Levitin: “Silicon Valley Bank seems to have had large amounts of uninsured deposits from businesses and high net worth individuals. And those uninsured deposits are likely to be impaired in the receivership, meaning that they will not get paid 100 cents on the dollar whenever they do get paid. But here’s …
MIT Technology News: “Nearly 90% of the multibillion-dollar federal lobbying apparatus in the United States serves corporate interests. In some cases, the objective of that money is obvious. Google pours millions into lobbying on bills related to antitrust regulation. Big energy companies expect action whenever there is a move to end drilling leases for federal …
Think Adviser – Mohamed El-Erian: Overly loose monetary policy led to the current financial accident, Allianz’s chief economic advisor said. He predicted that the Fed will now start to retreat from its inflation fight, which will be bad in the long term. Depositors shouldn’t worry, El-Erian noted. See also DataTrek – Silicon Valley Bank’s issues …
Government Technology: “ChatGPT is getting a chance to prove itself in municipal budgeting via a new tool from Massachusetts-based government technology vendor ClearGov. AI is perhaps the hottest new thing in gov tech, poised to play a role in everything from education to transit to public agency communications. Few tasks are more important to government …
ProPublica – “The IRS offers a few simple ways to track the status of your tax refund. Here’s when and how you can keep an eye on it. Online: You can check your refund status on the IRS website. See below for the information you’ll need to have handy. App: The IRS2Go app is available …
