Financial and Media News - Week of May 22, 2016

By Zach Kouwe

Markets & Economy:
60 Minutes does a segment on insider trading (60 Minutes)
Bitcoin catches on with Gold bugs (WSJ)
Auto, Mortgage Delinquencies Climb in Energy Regions (WSJ)
Wall Street Crime: Proceedings against individual bank employees are rare, and authorities have had difficulty winning cases (WSJ)
Global Debt Loads Creeping Higher (WSJ)

Asset Management:
The paradox of active management (Philosophical Economics)
Bill Gross trying to get comfortable as a short seller (Bloomberg)
The Don’t Ask, Don’t Tell guide to insider trading (Bloomberg BusinessWeek)

​Alternatives:
The hedge fund that couldn’t stay open long enough for a big payday (Bloomberg)
Tudor cuts fees to keep investors in (Bloomberg)
Goldman to take direct stakes in private equity firms (WSJ)
Public worker union bid to slash N.J. pension hedge fund investments fails (Star-Ledger)

Media Industry and Journalism:
Peter Thiel using Hulk Hogan to go after Gawker (NYT)

And Gawker responds (Gawker)

A new streaming business news station for Millennials called Cheddar... (Poytner)

The Game of Thrones at Viacom (NYT)
More layoffs (buyouts) at the New York Times (NYT)
The fall of Salon.com (Politico)