“The Open Bitcoin Privacy Project (OBPP) – an open-source, international
organization whose goal is to improve financial privacy within the Bitcoin
ecosystem – has released its Spring 2015 Wallet Privacy Rating Report. In the
report, the OBPP rates the 10 most popular Bitcoin wallets by measuring the
wallets’ effectiveness at protecting users’ privacy.
Deloitte Australia's inaugural Australian Privacy Index, also
launched on Monday to coincide with PAW 2015, revealed that other major
sources of breach concern for Australian consumers were passport numbers
(46 percent) and driver licence numbers (43 percent).
The study,
which was informed by more than 1,000 surveyed individuals, also found
that the banking and finance, and government sectors were the top two
most trusted industry areas by consumers when it comes to safeguarding
personal information.
Framework
Gompers, Paul A. and Kaplan, Steven N. and Mukharlyamov, Vladimir, What Do
Private Equity Firms Say They Do? (April 27, 2015). Harvard Business School
Finance Working Paper No. 15-081; Harvard Business School Entrepreneurial
Management Working Paper No. 15-081. Available for download at SSRN: http://ssrn.com/abstract=2600524 or http://dx.doi.org/10.2139/ssrn.2600524
“Bollen, Nicolas P. B. and Sensoy, Berk A., How Much for a Haircut?
Illiquidity, Secondary Markets, and the Value of Private Equity (May 17, 2015).
Fisher College of Business Working Paper No. 2015-03-08. Available for download
at SSRN: http://ssrn.com/abstract=2608549
“Limited partners (LPs) of private equity funds commit to invest with
significant uncertainty regarding the timing of capital calls and payoffs and
extreme restrictions on liquidity. Secondary markets have emerged which
alleviate some of the associated cost. This paper develops a subjective
valuation model incorporating these institutional features. Private equity
values are sensitive to the discount in secondary market transactions,
especially for more risk averse LPs. Model-implied breakeven returns generally
exceed empirically observed returns. However, highly risk tolerant LPs may find
private equity attractive at portfolio allocations observed in practice,
especially if they can access above-average funds and an efficient secondary
market.”
Banks Are Now Pleading Guilty to Crimes. So Why
Aren’t They Being Punished Like Criminals? Slate. Because the United States
is a banana republic, and elites have impunity. This is not hard, guys.