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Data Enablers: Spreadshirt, Data-Driven T-Shirts

PYMNTS

“[Our founder] conceived of the innovative idea of bringing one idea on one item to a print, on-demand platform that could be easily shared and developed the first prototype in 2001,” said Hugo Smoter, chief commercial officer for Spreadshirt. market was more difficult than any other European market when it came to growth,” said Smoter.

Data 100
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. We knew there was tremendous hubris in the subprime market. High-tech employment fell from 12.1

FDIC 78
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Consumer Lending: Should Banks Do It?

Jeff For Banks

Ever since we formed our company in 2001, this has been the case. Mortgage bankers and brokers own a significant share of market (although less than prior to the 2007-08 financial crisis). And Quicken Loans is in the top 5 HMDA market share in nearly every market we analyze. We lost auto loans to the indirect market.

Lending 60
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Can Non-U.S. Residents Open U.S. Brokerage Accounts to Trade Stocks?

MyBankTracker

stock market is the premier destination for investing opportunities. Meanwhile, some American investment firms market to international clients (and then again, some investment firms won’t work with people who aren’t American citizens). If it does, you might end up paying higher taxes. stock market.

Taxes 52
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, In a deal that aimed to open the Chinese coal markets, US heavy-equipment behemoth Caterpillar paid $677M in 2012 to acquire ERA Mining Machinery Ltd.

Google 76
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Tracking The Trends That Shaped 2020’s The Digital-First Economy

PYMNTS

As told by Citi and GE , the pandemic prompted a massive online shift as stores closed and consumers became wary about venturing out. The year-over-year increase in cross-border online sales was even more dramatic in other regions. There was another inconspicuous but remarkable dimension to these trends, however. Credit Union.

Trends 259
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Pixelon: Online video vaporware. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Founded by Renaud Laplanche in 2006, LendingClub quickly became one of the largest online lenders in the US. Total Funding: $1.1B.

Fraud 78