This is horrifying (& proves the value of strong reporting): Instagram’s algorithms helped a vast pedophile network… https://t.co/7Z6YtMFlzH— 1 year 3 months ago via@theofrancis
Another remarkable piece on Epstein by Khadeeja Safdar & Emily Glazer: Bill Gates had an affair with a Russian brid… https://t.co/9M3yh4V3ag— 1 year 3 months ago via@theofrancis
Most S&P 500 CEOs finished the year with less pay than initially awarded; Elon Musk’s $10 billion hole. The WSJ CEO… https://t.co/x0MmmO4203— 1 year 3 months ago via@theofrancis
Some entrepreneurs are scrutinizing their banking relationships and moving their funds. smart piece by WSJ’s Ruth S… https://t.co/6aPK654NhS— 1 year 5 months ago via@theofrancis
Just a PSA that at The Wall Street Journal we draw a clear line between news and opinion. The separation between th… https://t.co/MJflkqKIUz— 1 year 5 months ago via@theofrancis
By Friday evening, the heads of the world's 20 biggest economies -- from the US to South Africa, encompassing 85 percent of global economic activity -- will have dined, met, lunched, met again, and made their pronouncements.
If history is any judge, there may not be much in the way of immediate or lasting results.
The leaders of 20 of the world's biggest economies committed to a laundry list of executive pay reforms for financial firms, including limiting bonuses to a portion of total net revenues and linking them tightly to share prices. But don't count on sweeping mandates from regulators just yet.
President Barack Obama's plan to overhaul financial regulation covers everything from mortgages to hedge funds. But reform efforts in Europe may prove more significant for U.S. companies. European regulators are hashing out new rules for banks, insurers, and money managers that could put U.S. firms at a disadvantage.
World leaders are talking bravely about fixing the global financial system. As the Group of Twenty heads toward an important summit in Pittsburgh on Sept. 24-25, they are vowing to bang out a regulatory structure that will keep rich, careless bankers from once again driving their firms to ruin and then getting bailed out by taxpayers.
Call it pay day in Washington: The Federal Reserve and Treasury made a splash by unveiling sweeping compensation rules, mostly for executives at banks and other financial companies.