County Berkeley Financial News
17.08 / 03:05
BURST
Michael Lewis: Banking has become a world of ‘pointless respectability’
Michael Lewis bursts onto the screen with smiles and hellos – bubbly, friendly, with a passionate, infectious enthusiasm that seeps out on the page, but is even more palpable in person (well, by video call). He gushes about London, how much it has changed since the seven-year period in the 1980s when he studied at the London School of Economics and then sold bonds at Salomon Brothers’ UK headquarters.
08.08 / 09:35
Booking
Michael Lewis teases new Wall Street book: ‘You’ll learn all about crypto’
Author Michael Lewis is being coy about his next project.
20.07 / 20:57
The reason behind a mysterious trading surge in stocks like Berkshire Hathaway has been revealed
Berkshire Hathaway's Class A shares is among the stock market's most expensive stocks priced above $400K a share and therefore it was often one of the least traded well-known companies. So a surge in volume that began over a year ago left many scratching their heads.
15.06 / 13:47
Silicon Valley
Bill Gates blasts crypto, NFTs as based on 'greater-fool' theory
Bill Gates dismissed cryptocurrency projects such as nonfungible tokens as shams “based on the greater-fool theory” at a climate conference Tuesday, reviving past criticisms of digital assets. “Obviously, expensive digital images of monkeys are going to improve the world immensely,” Gates said sarcastically while speaking at an event in Berkeley, California hosted by TechCrunch. He said he’s neither long nor short the asset class. Gates has criticized crypto before, sparring with Elon Musk last year over whether Bitcoin is too risky for retail investors and the environmental harm of mining coins. Speaking Tuesday as the founder of Breakthrough Energy Ventures, the climate-focused fund he began in 2015, Gates noted the difficulty of recruiting Silicon Valley engineers to work in industries like chemicals and steel production in need of lower greenhouse gas emissions.
15.06 / 08:35
cryptocurrency
cryptos
Bill Gates Dismisses Cryptos, NFTs As Based On "Greater-Fool Theory"
Bill Gates blasts Crypto, NFTs as based on greater-fool theory
09.06 / 00:43
UPS
Former Schroders chief Michael Dobson lands chair role at Berkeley Group
Michael Dobson, the former chair of Schroders, has been appointed to the board of UK housebuilder Berkeley Group as its non-executive chair.
08.06 / 10:57
UPS
Former Schroders chief Michael Dobson lands chair role at Berkeley Group
Michael Dobson, the former chair of Schroders, has been appointed to the board of UK housebuilder Berkeley Group as its non-executive chair.
15.03 / 03:23
Booking
Why Russia’s war won’t get investors flocking to China
Barry Eichengreen, professor of economics at the University of California, Berkeley, is a former senior policy adviser at the International Monetary Fund. He is the author of many books, including In Defence of Public Debt (Oxford University Press, 2021).
07.02 / 12:27
UPS
Binance
Crypto Ads to Pop up in Super Bowl
Cryptocurrencies may dominate this Super Bowl ad, emerging as the winner. Coinbase Global Inc., the largest U.S. exchange, as well as exchanges FTX and Crypto.com will all be involved, according to a person familiar with the matter. Canadian exchange Bitbuy had an advertisement during the Canadian broadcast.
18.01 / 11:39
Booking
Gap
Covid is widening the gap between rich and poor countries
J Barry Eichengreen is professor of economics at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund. He is the author of many books, including In Defence of Public Debt (Oxford University Press, 2021).
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