BankThink

Granted, journalists can be scavengers; they're nosey and can be positively annoying when they want information. But why does a whole group of crypto-anarchists and technologists think they have the moral high ground?

Receiving Wide Coverage ...

The Father of Bitcoin? Newsweek kicked a media-filled hornet's nest yesterday when reporter Leah McGrath Goodman purported to have found the creator of Bitcoin. The person in question? A 64-year-old Japanese engineer living in California named Dorian Satoshi Nakamoto, or, legally, Satoshi Nakamoto, the name that first appeared on a white paper introducing the cryptocurrency in 2008. Goodman's article, containing numerous details on Nakamoto's life and several interviews with family and friends,...

Receiving Wide Coverage ...

The Mercurial Subprime Market: New lenders, including Lending Club and Freedom Plus, are servicing the subprime sector, reports the Journal. These entrants are hoping to fill the void left by banks, reluctant to lend to the demographic following the financial crisis (and all the resulting regs.) The Journal notes these firms are lending at interest rates "approaching 10% and sometimes much more Â... a premium above prime loans Â... but less than...

If banks that performed well for their shareholders from 2002 to 2012 have so many older directors, why would some banks force directors to retire once they hit 70 or 72 years of age?

Receiving Wide Coverage ... Closer to Bitcoin Regulation: Japan is close to regulating cryptocurrency Bitcoin, following the collapse of Tokyo-based exchange Mt. Gox. Draft regulation, which includes a tax on Bitcoin transactions and prohibits banks and securities firms from handling the cryptocurrency, appears to treat Bitcoin more like a commodity than an actual currency, but a lawmaker, who opposes the plan, has asked for clarification. One look at this Journal quote from an anonymouse and youÂ...