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Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

PYMNTS

On this day 83 years ago, the United States government pulled the plug on one of the great failures of social engineering in American history — prohibition. But the world is full of unexpected costs — just ask the team at CAN Capital. The 13-year effort to curb alcohol consumption with a universal ban was pretty much a bust.

Capital 100
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Investing in America: 7 Strategies and 7 Tactics That Can Drive Business

South State Correspondent

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. The ancillary Investing in America program has roughly $171B to put to work.

America 195
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The Whole Paycheck Tracker: HQ Enhancements, Empathetic AI And Special Guest Bernie Sanders

PYMNTS

Bartlett said Walmart didn’t receive any “special packages or tax breaks that were out of the ordinary” when building its campus, a not-so-thinly veiled jab at Amazon — whose financial incentive package with New York City causes such massive local uproar that Amazon was eventually persuaded to pull the project entirely. “As

New York 109
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GonzoBanker Awards 2017

Gonzobanker

BNC shareholders got a terrific premium, a 47% dividend increase, and a continued leadership role for Richard D. The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. Executioner’s Tax (Swing of the Ax) – Power Trip. THE VENDOR AWARDS.

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Community banks are thriving in Texas

Independent Banker

Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. The state is growing an impressive technology roster, for example. Capitalizing on an area’s growing popularity.

Texas 182
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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

Brown, instead of managers getting stock options or guaranteed bonuses, every manager got paid $7,800 a year (the equivalent of about $14,500 today), plus “a designated percentage of the profits of the company after these are reduced by a charge for capital employed.”. The result of this type of plan was to make each manager at H.

Omaha 78
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Select Investors: CapitalG, Goldman Sachs Investment Partners, Pritzker Group Venture Capital. Select Investors: BlackRock, Norwest Venture Partners, Sands Capital.

Fraud 78