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25.08.26 - 04:45
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Central Banking: The Scourge Of Civilization (ZeroHedge)
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Central Banking: The Scourge Of Civilization
Authored by George Ford Smith via Mises Institute,
Apple builds and sells iPhones. I happen to own one of the older models, for the same reason I own a last-legs older model car. What if Apple could skip the build part and sell only the phone? The money saved would be an enormous boost to its bottom line. And if Apple passed the savings onto customers I could conceivably afford to upgrade.
Where would the phones come from? From a bookkeeping entry, of course.
Unfortunately, Apple's customers are very demanding and want the real things, so the build operations will have to stay. Perhaps their executives looked upon another business and envied their ability to sell loans without drawing down their savings. Customer with good credit wants a loan? Create the amount with a few taps on a keyboard and send him on his way.
The customer will spend his newly-acquired money, thus keeping people employed. Since he has good credit, he will be able to make month...
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24.08.26 - 14:06
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U.S. Bank Wealth Management Names Chris Peary Chief Private Banking Officer (Business Wire)
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MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank announced today that Chris Peary has been named chief private banking officer for Wealth Management.
Peary will be responsible for advancing Wealth Management's strategy to deliver integrated banking, credit and wealth solutions for affluent, high net worth and ultra high net worth clients. He will oversee a relationship-driven private banking platform focused on delivering a consistent, high-quality client experience across all markets.
“Chris is a highly respected leader who brings deep banking expertise, a broad understanding of our business and a track record of delivering exceptional outcomes for clients," said Scott Ford, president of Wealth Management at U.S. Bank. "His experience across consumer banking, business banking and wealth management gives him a unique perspective into the needs of our clients and teams. Chris' leadership, disciplined approach and passion for developing people will be invaluable as we continue to grow and strengthen ou...
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24.08.26 - 13:36
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Flexpoint Announces Sale of ArtesRx to Linden Capital Partners (PR Newswire)
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CHICAGO, Aug. 24, 2026 /PRNewswire/ -- Flexpoint Ford ("Flexpoint"), a specialist private equity investment firm focused on financial services and adjacent verticals, announced today the successful exit of its investment in ArtesRx, LLC ("ArtesRx" or the "Company") to Linden Capital......
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24.08.26 - 13:03
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Kerrigan Advisors Represents on the Sale of Tommie Vaughn Ford in Houston, Texas to Vaughan Automotive (Business Wire)
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Sale of a nearly 70-year Houston landmark Ford dealership owned by the Janke family marks Kerrigan Advisors' 453rd franchise sold since the firm's founding and its 20th franchise sold in Texas since 2023, the most of any buy/sell advisor in the industryHOUSTON--(BUSINESS WIRE)--#AutoDealerships--Kerrigan Advisors represented the Janke family in the sale of Tommie Vaughn Ford, a Houston landmark dealership, to Vaughan Automotive, a Boerne, Texas-based group led by Shawn Vaughan. The sale represents Kerrigan Advisors' 453rd franchise sold since the firm's founding in 2014, and its 20th franchise sold in Texas since 2023, the most of any buy/sell advisor in the industry. It also marks the firm's fourth announced transaction in a top US growth market in six weeks, following transactions in Charlotte, North Carolina, Atlanta, Georgia and Fort Lauderdale, Florida.
Founded in 1957 by Tommie Vaughn, Tommie Vaughn Ford is one of the most recognized Ford dealership names in Houston, operating from the city's ...
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20.08.26 - 20:18
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Meta Is Now One of Microsoft′s Largest AI Customers (Bloomberg)
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Meta has quietly become one of Microsoft's largest AI customers, spending hundreds of millions of dollars a year to access the Azure cloud service - and reviving concerns around circular business dealings in the AI space. Bloomberg's Brody Ford joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)...
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