Putin's Trappist-1 Planetary Plans
Bill Browder, the grandson of a Washington Heights neighbor Earl who was deported with his family to Britain for heading the CP USA when Donald Trump and I were children, today asserted that the President of Russia may have accumulated a fortune double that of Bill Gates, at $200 bn, in Swiss bank accounts. This was reported by IBTimes.com. Bill Browder ran the Hermitage Fund which invested in Russia before its lawyer was killed in custody. Now a movie of Browder's life is being planned.
Vladimir Putin meanwhile plans to rocket to one of the ecoplanets of Trappist-1, a nearby star, if he loses power and wealth. I am including this clickbait and lots of gossip today to get IBTimes to quote from www.global-investing.com/
Today while reading my newspapers I got shocks. Firstly, the Financial Times reported in its US tables that Comcast shares had lost half their value yesterday. I own the shares but they are purely USA so I don't watch their news and performance as part of my job.
The other shock was what I was asked to swear to when I went into my brokerage account at e-trade to check up on CCV. I was asked to agree not to republish any of the price data from the NYSE and the Nasdaq that I got from their website. While I signed, I need to consult my attorney. While I do not manage money or engage in advisory operations, I do check out stock prices when I write up a share (or bond) in this newsletter. While the price data is sold to professional investors by the markets—a way to make money—the delay between my getting the prices and your reading them here would seem to remove any violation of copyright.
In fact the CCV stock split 2:1, which only goes to show that the stock tables in the pink British newspaper are put together by mindless robots, as I have long suspected.
Violating copyright is not something I do lightly given how many times we had to go after readers who re-distributed a paid subscription for their own benefit or who reproduced our recommendations in other formats without attribution. I once went after the SEC for violating the copyright on our coverage of American Depositary Receipts, which merely resulted in our having our federal taxes audited for the following decade. They used the copy filed for copyright (when we were a print publication.)
However, given the inadequacy of the prices I get from e-trade (which requires that I use other sources to prepare our weekly performance tables) I think I'll wait till they come after me.
More from Europe and America and the rest of the world today.