Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-54983 Mon, 15 Sep 2014 15:22:39 GMT Dr. Dollar And The 10-Year Incriminate Equities iehi-feed-54982 Mon, 15 Sep 2014 15:13:48 GMT Record Highs? 47% Of Nasdaq Stocks In Bear Market, Down 24% On Average iehi-feed-54980 Mon, 15 Sep 2014 15:10:38 GMT Britain to include China's RMB as foreign currency reserve iehi-feed-54978 Mon, 15 Sep 2014 01:24:05 GMT RON PAUL'S `AUDIT THE FED' BILL RETURNS TO CONGRESS Ron Paul may not be in Congress anymore, but his "Audit the Fed" bill lives on after him.

House Republican leaders scheduled a vote on the legislation for sometime in the next week, as one of a series of pre-election bills designed to highlight lawmakers' stances just before they go home to face voters.

iehi-feed-54974 Sun, 14 Sep 2014 21:29:07 GMT CIA Insider Leaks Evidence of China Gold 'Smuggling' - Rickards iehi-feed-54973 Sun, 14 Sep 2014 21:28:06 GMT Alasdair MacLoad - Dollar Rise Currency Turbulence May Precede Final Stage of Collapse iehi-feed-54970 Sun, 14 Sep 2014 00:05:13 GMT Gold price reform to focus on improved transparency, governance controls iehi-feed-54966 Sat, 13 Sep 2014 13:54:55 GMT Global banks retreat as the US and China tighten in lockstep iehi-feed-54962 Sat, 13 Sep 2014 13:36:27 GMT Martin Hutchinson - Negative Interest Rates: The death spiral of capitalism iehi-feed-54961 Sat, 13 Sep 2014 13:33:35 GMT Doug Noland - "King Dollar and the Peripheries" iehi-feed-54960 Fri, 12 Sep 2014 23:11:26 GMT China Holds "Gold Congress" - Positioning Itself As Global Gold Hub iehi-feed-54957 Fri, 12 Sep 2014 22:09:41 GMT CME to launch physical gold futures contract in Hong Kong by year-end iehi-feed-54956 Fri, 12 Sep 2014 22:05:40 GMT HSBC to Pay $550 Million to US Housing Authorities to End Mortgage-Related Suit iehi-feed-54949 Thu, 11 Sep 2014 14:46:44 GMT Moral Hazard: The Abysmal Failure of the Doctrine Of Selective Justice In Finance iehi-feed-54945 Thu, 11 Sep 2014 14:36:09 GMT A QE First: Bank of Japan Buys Government Debt at Negative Yield iehi-feed-54936 Wed, 10 Sep 2014 13:27:06 GMT Rickards: When Fed Tapering Is Done, Weakness in Stocks, Economy 'Will Become Apparent' iehi-feed-54935 Wed, 10 Sep 2014 13:25:58 GMT Koos Jansen - German Gold Repatriation Is Accelerating (Bloomberg Notwithstanding) iehi-feed-54934 Wed, 10 Sep 2014 01:55:50 GMT SAC's Martoma's Nine-Year Sentence Reflects Outsized Insider Trading Gains A federal judge in Manhattan sentenced Mathew Martoma to nine-years in prison yesterday for his role in an insider trading scheme that earned his former employer, the hedge fund SAC Capital, $276 million in illicit gains. Coming on the heels of a wave of insider trading prosecutions over the past five years, the sentence is among the longest ever issued for the crime.


The impact of the sentence on SAC Capital's owner, Steven Cohen, remains clouded. The government has been investigating SAC Capital for years. Their efforts have yielded eight convictions and guilty pleas. Yet, Cohen, who has not been charged with criminal wrongdoing, has eluded their grasp.

The same cannot be said of SAC Capital. The firm pleaded guilty to one count of wire fraud and four counts of securities fraud and also settled civil charges with the Securities and Exchange Commission last year (another civil case with the SEC is still pending). It paid out more than $1.8 billion through these settlements and Cohen had to drop all of his clients: his new firm, Point72 Asset Management largely invests his multibillion fortune.

iehi-feed-54929 Tue, 09 Sep 2014 16:32:24 GMT China Gold Demand Back Up Strongly; SGE Silver Continues to Deplete iehi-feed-54928 Tue, 09 Sep 2014 14:22:09 GMT These Kinds Of Market-Rigging "Practices" Will No Longer Be Allowed On The CME