BlackRock Inc. co-founder and CEO Larry Fink warned his firm’s investors that the Federal Reserve’s aggressive interest-rate hikes were the “first domino to fall” in what could be a “slow-rolling cris...
Tag: Larry
Silicon Valley Bank committed ‘one of the most elementary errors in banking,’ Larry Summers says
Silicon Valley Bank, the nation’s 16th-largest bank, failed because its managers made a textbook mistake, according to former Treasury Secretary Larry Summers. Summers, a Harvard University prof...
Crypto and Stock Markets Might Crash Within Days: Warns Larry Mcdonald
The second-largest stablecoin, USDC, from Circle Internet Finance, which has a $42 billion market valuation, de-pegged from the dollar as a result of the Silicon Valley Bank collapse. The price of the...
Larry Summers has a warning
The US dollar index continued its bullish comeback as investors remained optimistic about the next actions by the Federal Reserve. The DXY jumped to a high of $105.31, the highest point since January ...
‘The risk is that we’re going to hit the brakes very, very hard,’ Larry Summers says
“‘The risk is that we’re going to hit the brakes very, very hard.’ ” — Larry Summers Almost a full year of monetary-policy tightening by the Federal Reserve appears to be having little impact on price...
Stanford University’s Larry Kramer and Andreas Paepcke co-signed Sam Bankman-Fried’s bond
A pair of Stanford University academics co-signed FTX founder Sam Bankman-Fried’s bond, according to court documents unsealed on Wednesday. Larry Kramer, dean emeritus of Stanford Law School, s...
Larry Summers warns now is not the time for investor ‘euphoria’—markets are headed for a ‘turbulent period’
After a nearly yearlong campaign against inflation that helped tank markets in 2022, Federal Reserve Chairman Jerome Powell uttered the one word investors wanted to hear more than anything during his ...
Resurgence of ‘degenerate behavior’ is behind 2023’s crypto rally
Episode 6 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and eGirl Capital Co-Founder Hedgedhog. Listen below, and subscribe to The Scoop on Apple, Spotify,...
He’s Now ‘Professor’ Larry Gatlin And He’s Teaching Songwriting
GRAMMY-winning singer/songwriter Larry Gatlin Credit: Brandon Wood Larry Gatlin, and his brothers Steve And Rudy, are collectively known as the Gatlin Brothers, and they’ve had a long list of megahits...
Gary Harmon, Larry Harmon’s Brother, Pleads Guilty to Crypto Theft
An Ohio native allegedly stole millions of dollars in bitcoin from the Internal Revenue Service (IRS). 31-year-old Gary Harmon has recently pled guilty to one count of wire fraud and a separate count ...
Larry Fink Says ESG Narrative Has Become Ugly, Personal
(Bloomberg) — BlackRock Inc. Chief Executive Officer Larry Fink said the narrative around ESG investing has become ugly and is creating “huge polarization.” Most Read from Bloomberg “I’m taking ...
Larry Summers gives up advisory role at crypto firm DCG amid criticism
Larry Summers, the Harvard professor and former top financial advisor during the Obama administration, has cut ties with troubled crypto conglomerate Digital Currency Group (DCG). Summers joined DCG ...
Larry Cermak unpacks The Block Research’s 2023 Digital Asset Outlook Report
Episode 129 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Larry Cermak Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Sti...
Larry Cermak Points Out Irony After Unknowingly Leaking Secret Loans Received By The Block CEO From SBF
– Advertisement – Cermak jokes about accidentally leaking details of secret loans from Alameda to The Block CEO as SBF sponsorship of The Block comes to light. VP of Research at The Bloc...
Activist investor wants to replace Larry Fink as BlackRock CEO
BlackRock Inc (NYSE: BLK) is in focus on Wednesday after Bluebell Capital Partners called for Larry Fink to step down as Chief Executive of the investment company. Bluebell co-founder’s interview with...
Larry Summers Says Fed Will Need to Boost Rates More Than Markets Expect
(Bloomberg) — Former Treasury Secretary Lawrence Summers warned that the Federal Reserve will probably need to raise interest rates more than markets are currently expecting, thanks to stubbornl...
BlackRock CEO Larry Fink Backs Tokenization of Securities
5 hours ago | 2 mins read Blockchain News Fink spoke during an appearance at a New York Times DealBook event. The CEO also discussed the potential of blockchain technology. Tokenization of assets is “...
BlackRock’s Larry Fink says crypto is relevant
When it seems like many entities are giving up on crypto because of the FTX collapse, Larry Fink, the CEO of BlackRock Inc. (BLK.N), says crypto technology is still relevant despite the “misbehaviors”...
Here’s how BlackRock CEO Larry Fink’s attitude towards crypto evolved in 2022
The recent implosion of once one of the largest cryptocurrency trading platforms in the world, FTX, and the subsequent devastation it caused across the entire crypto industry has demonstrated that the...
Blackrock CEO Larry Fink Says FTX Failed Due To FTT Token
FTX News: Asset manager Blackrock is one of the big names associated with investments in bankrupt crypto exchange FTX. In a latest, Larry Fink, the chairman and CEO of BlackRock, made some interesting...
Sam Bankman-Fried, Janet Yellen, Larry Fink and Mark Zuckerberg To Speak At New York Times Summit – Trustnodes
Sam Bankman-Fried, the disgraced CEO of FTX who gambled away billions of customers’ money, is to join such luminaries like the Treasury Secretary Janet Yellen at New York Times’ Dealbook Summit. Larry...
Are Tom Brady and Larry David Liable for the FTX Disaster?
Just months ago, FTX looked unstoppable. The crypto exchange was actively courting the highest echelons of Washington’s elite, its wunderkind CEO graced magazine cover after magazine cover, and A-list...
FTX Lawsuit Takes Aim at Larry David, Tom Brady for Promoting Crypto Exchange
A group of investors filed a class action lawsuit against the collapsed crypto exchange FTX, its founder Sam Bankman-Fried, as well as several celebrities, alleging they were part of a “fraudulent sch...
Class action filed against Tom Brady, Larry David and others who endorsed FTX
Celebrities who promoted troubled crypto exchange FTX are facing a class action lawsuit. Tom Brady, Gisele Bundchen, Steph Curry and Larry David are among the stars named in the lawsuit, which ...
Find Here How Larry Summers Compared FTX Meltdown to Enron Scandal
In a recent interview on Bloomberg TV with Larry Summers, on November 11, 2022, he said “A lot of people have compared the FTX meltdown to Lehman. And he would compare it to Enron.” Lawrence (Larry) H...
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud – Regulation Bitcoin News
Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather than the complexities of cryptocurrency regulation. He said th...
Larry Summers has some choice words for Sam Bankman-Fried and FTX
The FTX downfall is not so much a Lehman moment as an Enron one. So says former Treasury Secretary Larry Summers about the once-heralded cryptocurrency exchange that today declared bankruptcy and anno...
People charmed by FTX CEO Sam Bankman-Fried will be ‘looking and feeling fairly silly,’ Larry Summers warns of crypto crackdown
The exponentially increasing troubles at FTX, previously one of the largest crypto exchanges in the world, could be the catalyst to increased federal regulation of the cryptocurrency world, warned for...
Fed may need to hike interest rates above 6% to crush inflation, Larry Summers says
Stubbornly high inflation could force the Federal Reserve to aggressively raise interest rates above 6%, the highest in more than two decades, according to former Treasury Secretary Larry Summers. The...
eGirl Capital and Larry Cermak on the dynamics shaping the crypto bear market
Episode 108 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Larry Cermak and eGirl Capital Co-Founder, Hedgehog. Listen below, and subscribe to The Scoop on ...
‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers comments on FTX bankruptcy
Former U.S. Treasury Secretary Larry Summers is likening the collapse of troubled cryptocurrency exchange FTX to the meltdown that engulfed Houston-based energy company Enron two decades ago. In an in...