Ian Fraser: HSBC’s $1.9 Billion Settlement Sets (Another) Dangerous Precedent « naked capitalism

Ian Fraser: HSBC’s $1.9 Billion Settlement Sets (Another) Dangerous Precedent « naked capitalism.

Taibbi, Spitzer Fume Over HSBC Settlement | | Rolling Stone.

HSBC Critic: Too Big To Indict May Mean Too Big To Exist : NPR.

Presented as a public service without further comment.

OK, just one comment. WTF???

Simple Sit Test Predicts Long Life

This study evaluated the association between the ability to sit and rise from the floor with and without support and all-cause mortality in adults age 51 to 80.

There was a significant association between the use of more support to sit and rise from the floor and increasing all-cause mortality.

via Simple Sit Test Predicts Long Life.

Our profession typically uses chair-to-stand testing as part of a senior supplement.  Should we be considering the use of the sit-rise test instead?

5 Reasons To Pick Up The Curator Habit

One way to lighten your content writing load is by becoming a trusted curator. Instead of putting the burden on yourself to write the content, you can take advantage of the content others are creating (and you’re already reading) in your industry by sharing links, pointing your readers to third-party resources, and highlighting the smart things that others are saying.

via 5 Reasons To Pick Up The Curator Habit | Small Business Trends.

I’ve been doing this for years.  Now there is a name for what I’ve been doing – content curator.  Kind of sexy, is it not?

New Rules for Life Insurers – WSJ.com

State regulators on Sunday approved new rules for how U.S. life insurers set reserves for future claims, a decision that may ultimately free up billions of dollars for acquisitions, stock buybacks, dividend increases and other uses designed to boost the industry’s flagging returns.

New Rules for Life Insurers – WSJ.com.

Link posted without further comment.

I am having a nice peaceful day and I want to keep it that way.

FREE BOOK (depressing topic but FREE).

James Kwak's avatarThe Baseline Scenario

By James Kwak

I contributed a chapter to Is U.S. Government Debt Different?a book published by the Financial Institutions Center of Wharton. It includes chapters by many people more distinguished than I, such as William Bratton, Peter Fisher, James Hines, Howell Jackson, Deborah Lucas, Steven Schwarcz, Richard Sylla, and others. You can download the whole thing for free at the link above. Enjoy.

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