Greece 3rd Bailout Implements Austerity, Pension Cuts, and Increased Taxes


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UCLA discovers how solar cells’ charges can last for weeks


AIVAnet

30,000 Lux

Solar cells have always been inspired by photosynthesis, so it’s only natural for researchers to take cues from different aspects of the energy-making process. A team of UCLA chemists, for instance, have developed a way that will allow solar cells to keep their charge for weeks instead of just a few seconds like current products are capable of. According to Sarah Tolbert, UCLA chem professor and one of the study’s authors, they looked into plants’ nanoscale structures that can keep negatively charged molecules separated from positively charged ones. “That separation is the key to making the process so efficient,” she said.

The team has discovered that in order to mimic those nanoscale structures in plastic solar cells (which are potentially cheaper to make than silicon-based ones), they need to use two components: a polymer donor and a nano-scale fullerene acceptor. The team describes the process as follows:

The UCLA…

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Thanks 1MDB, now tell us if the RM15.4 billion is in cash or ‘units’


For A Better Malaysia

Retaliating against allegations of RM27 billion “missing” cash, 1Malaysia Development Bhd (1MDB) yesterday provided a summary and two infographics detailing how its RM42 billion of debt as at end-March 2014 is accounted for, including how RM15.4 billion or over one-third (37%) of the money has been invested in three parties.

Yet, the welcome statement left several pertinent questions unanswered.

Will 1MDB president and group executive director Arul Kanda Kandasamy be similarly detailed in replying to all these questions?

Does the sudden spate of transparency have anything to do with Bank Negara Malaysia’s statement the same evening that the central bank has commenced a formal enquiry to examine if 1MDB had contravened any of its rules relating to the cross-border movement of funds?

According to 1MDB, some 47.1% or RM19.7 billion of the money it borrowed, went to acquiring land and power plants.

It was only left with RM900 million cash…

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How a Carried Interest Tax Could Raise $180 Billion by VICTOR FLEISCHER


chrisnovingerblog


By VICTOR FLEISCHER

Taxing carried interest at ordinary income rates would raise an additional $180 billion over 10 years — about 10 times what the government estimates.

Published: June 5, 2015 at 08:00PM

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Jeffrey Peek Named an Executive Vice Chairman at Bank of America by MICHAEL J. de la MERCED


chrisnovingerblog


By MICHAEL J. de la MERCED

The longtime banker, once a top executive at Merrill Lynch, will focus mainly on working with banks, insurers and other financial institutions.

Published: June 5, 2015 at 08:00PM

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Financial Trends ($1 to $50)


Ticker Zone - Stocks & Trends

Stocks trending in Financial – *

AGNC – 19.77 – American Capital Agency Corp.
below on 250MA below on 200MA below on 50MA below on 20MA below on 10MA
Institutions Hold :

AGO – 28.55 – Assured Guaranty Ltd.
above on 250MA above on 200MA above on 50MA above on 20MA below on 10MA
Institutions Hold :

AINV – 7.88 – Apollo Investment Corporation
below on 250MA below on 200MA above on 50MA above on 20MA above on 10MA
Institutions Hold :

AMH – 16.48 – American Homes 4 Rent
below on 250MA below on 200MA below on 50MA below on 20MA below on 10MA
Institutions Hold :

AMJ – 42.16 – JPMorgan Alerian MLP Index ETN
below on 250MA below on 200MA below on 50MA below on 20MA below on 10MA
Institutions Hold :

AMLP – 16.26 – ALPS Alerian MLP ETF
below on 250MA below on 200MA below on 50MA below on 20MA below on 10MA
Institutions Hold :

AMTD – 38.51 – TD Ameritrade Holding Corporation
above on 250MA above on 200MA above on 50MA above on 20MA above on 10MA
Institutions…

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