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Thursday, March 6, 2014

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Republicans fight Dem efforts to punish Issa for IRS hearing actions

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Republicans fight Dem efforts to punish Issa for IRS hearing actions
Republicans fight Dem efforts to punish Issa for IRS hearing actions

House Republicans are fending off aggressive efforts by Democrats to punish Rep. Darrell Issa, R-Calif., for cutting off a Democratic congressman duri...

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AP smears Trail Life boys with misleading ‘Nazi’ photo AP smears Trail Life boys with misleading ‘Nazi’ photo
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30-year-old cold case solved in California after suspect commits suicide 30-year-old cold case solved in California after suspect commits suicide

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Finding Nakamoto

Satoshi Nakamoto invented bitcoin in 2008.

Who is he? In the past few years, there have been no shortage of theories:

Tatsuaki Okamoto, a researcher at NTT, the Japanese telecom company.

Micheal Clear, a 23-year old graduate student at Trinity College, Dublin.

Vili Lehdonvirta, a Finnish programmer.

Shinichi Mochizuki, a math professor at Kyoto University.

Neal King, Vladimir Oksman, and/or Charles Bry, whose names were on a 2008 patent application for “updating and distributing encryption keys”.

Jed McCaleb, the co-founder of now defunct bitcoin exchange Mt Gox.

Dustin Trammell, a security researcher.

Or, Satoshi Nakamoto, a 64-year old, LA-area, Prius-driving model-train enthusiast, who Newsweek’s Leah McGrath Goodman tracked down with the help of forensic researchers.

Or not Satoshi Nakamoto, according to Satoshi Nakamoto. -- Ben Walsh

On to today’s links:

Demographics
America has a baby problem - Derek Thompson

Real Estate
The recluse who held out for $17 million to leave his 350-square-foot apartment in NYC - Celebrity Networth

Lies
Stanford retroactively revokes Mathew Martoma's MBA - Matthew Goldstein

Regulations
How banks fight regulations: predict new rules will cause the next crisis - Jesse Eisinger

Economics
Here's why your internet is so slow: monopolies - John Aziz

The Fed
"There are many worse macro problems than inflation at 3%!" - Ryan Avent

Yikes
"Banks are arranging junk-rated deals that leave companies with debt levels exceeding guidelines set by regulators" - Bloomberg

Inequities
"Fairness is a better measure of social justice than equality" - David Sainsbury

Whoops
More than 1,600 active stockbrokers failed to disclose things like criminal records, bankruptcies, and other red flags - WSJ

Compelling
Interviewing the algorithm - Nieman Journalism Lab

Emerging Markets
The IMF is now calling for capital controls - WSJ

Classic Bess
"Choice number one was to cut bonuses... lose all its investment bankers... and turn the place into a Gold’s Gym" - Dealbreaker

Mysteries Explained
"The key to Apple’s creativity, speed, and adaptability is... a checklist" - Quartz

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Follow Counterparties on Twitter. And, of course, there are many more links at Counterparties.

 

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Business Today: S&P 500 ends at record on jobless data

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03/6/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
S&P 500 ends at record on jobless data
NEW YORK (Reuters) - U.S. stocks mostly rose on Thursday, with the S&P 500 closing at a record high after better-than-expected jobless claims data ahead of Friday's closely watched nonfarm payrolls report.
Three-month low in U.S. jobless claims offers hope for labor market
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits hit a three-month low last week, suggesting some strength in a labor market that has been hobbled by severe weather.
Boeing to end pension plans for nonunion employees
NEW YORK (Reuters) - Boeing Co said on Thursday it will end pension plans for 68,000 nonunion employees, including its chief executive, marking the latest step in the company's shift away from defined-benefit plans.
Privacy groups ask regulators to halt Facebook's $19 billion WhatsApp deal
SAN FRANCISCO (Reuters) - Privacy advocates have asked U.S. regulators to halt Facebook Inc's $19 billion acquisition of messaging service WhatsApp until there is a clearer understanding of how the company intends to use the personal data of WhatsApp's 450 million users.
Fed should keep paring stimulus even if jobs growth weak: Lockhart
WASHINGTON (Reuters) - The Federal Reserve should continue to pare its massive bond-buying program even if a key jobs report due out on Friday falls short of expectations, a top Fed official said on Thursday.
Disney overhauls troubled interactive unit, lays off 700
LOS ANGELES/SAN FRANCISCO (Reuters) - Walt Disney overhauled its struggling interactive division in a sweeping reorganization that will reduce the number of video games it develops and alter its advertising strategy to focus more on the fast-changing mobile market.
Airbus orders more A380 inspections after wing fatigue test
BERLIN (Reuters) - Airbus has ordered increased inspections of A380 wings after discovering unexpected levels of metal fatigue during testing on a factory mock-up, industry sources said on Thursday.
Ex-Dewey & LeBoeuf law firm executives charged with fraud in U.S.
NEW YORK (Reuters) - Less than a month after writing that he did not want to "cook the books anymore," but facing a deadline to show lenders that Dewey & LeBoeuf had enough cash, the law firm's top finance executive emailed a colleague that he "came up with a big one," according to investigators.
Apple loses bid for U.S. ban on Samsung smartphone sales
SAN FRANCISCO (Reuters) - A U.S. judge on Thursday rejected Apple's request for a permanent sales ban in the United States against some older Samsung smartphones, a key setback for the iPhone maker in its global patent battle.
Star witness against ex-Madoff aides a liar, lawyer tells jury
NEW YORK (Reuters) - The government's star witness in the criminal trial of five former Bernard Madoff employees is a lifelong liar whose "mind-boggling" history of falsehoods robs him of any credibility, a lawyer for one defendant told a federal jury on Thursday.
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