Author: Sammy Bravo

Why the FBI Can’t Get Its Hands on Silk Road Kingpin’s $80 Million Hoard

Why the FBI Can’t Get Its Hands on Silk Road Kingpin’s $80 Million Hoard

The FBI made headlines last week when it announced that it had shut down the illegal online drug bazaar Silk Road and arrested its alleged operator Ross Ulbricht. According to the FBI’s complaint, the...

JPMorgan Blames Third Quarter Loss On Legal Costs

JPMorgan Blames Third Quarter Loss On Legal Costs

JPMorgan Chase reported a third quarter net loss of $380 million Friday, resulting in a net loss of 17 cents a share. “While we had strong underlying performance across business, unfortunately, the quarter was...

Rockstar Compensating GTA Online Players With A Stimulus Package

Rockstar Compensating GTA Online Players With A Stimulus Package

The launch of Grand Theft Auto Online was rocky. The servers buckled under the weight of a billion dollars worth of sales all flooding in at once. Players lost characters, progress, cars, properties, and...

The Key to Fixing America’s Savings Crisis

The Key to Fixing America’s Savings Crisis

If we’re ever going to solve the retirement savings crisis in America, something must be done to beef up tax-advantaged savings plans at small employers. Companies with fewer than 500 people on their payroll...

Why We Want—But Can’t Have—Personal Finance in Schools

Why We Want—But Can’t Have—Personal Finance in Schools

The drumbeat for teaching personal finance in schools has been heard. Doing something about it is proving more difficult. A nearly unanimous 99% of adults now agree that personal finance should be taught in...

U.S. Shutdown Disrupts NSA Transparency Case, Review Groups

U.S. Shutdown Disrupts NSA Transparency Case, Review Groups

The U.S. government shutdown has closed large portions of the federal apparatus and forced hundreds of thousands of workers to stay home. Another consequence of the shutdown? A high-profile legal battle over transparency between...

THQ Sues Over Licensing Agreement, Demands All Profits From EA’s UFC Game

THQ Sues Over Licensing Agreement, Demands All Profits From EA’s UFC Game

THQ might be a shell of its former publishing glory, but the corporation still exists. It’s sole purpose is to see the remaining assets divested and as many creditors repaid as possible through the...

Ex-trader Pleads Guilty in $500M Fraud Case

Ex-trader Pleads Guilty in $500M Fraud Case

A former Chicago trader who was charged in one of the largest financial fraud cases prosecuted in Chicago has entered a guilty plea as part of a deal with prosecutors, court documents show. Charles...

Why So Many Gamblers Are Betting on the NFL’s Worst Team This Weekend

Why So Many Gamblers Are Betting on the NFL’s Worst Team This Weekend

Thus far in the 2013 NFL season, the Jacksonville Jaguars are 0-5. The team’s opponents have outscored them by a combined 112 points. The Jags are almost universally considered the NFL’s worst team. So...