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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

This crisis hatched the more sophisticated ALCO tools we have today. All suffered extraordinary runs on their bank due to large unrealized losses on both HTM and AFS securities, peculiarities in the p/e world, uninsured deposits, crypto, and old school panic via new school technologies and social media.

FDIC 78
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FTC Investigates Facebook’s Privacy Practices

PYMNTS

President Donald Trump, the Federal Trade Commission (FTC) has launched an investigation into the social media platform’s privacy practices, the agency said in a statement. To protect the privacy of consumers, the agency has tools such as enforcement actions, he said. Greg Walden (R-OR) and Rep.

NJ 101
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Facebook Defends Data Sharing Tool As FTC Compliant

PYMNTS

Facebook is defending its data sharing tool, saying it was in compliance with a 2011 privacy agreement with the Federal Trade Commission. The social media site just admitted that the data scandal with Cambridge Analytica could involve more users than the originally estimated 50 million. He is scheduled to appear before the U.S.

Tools 101