Financial New Roundup for the Week of April 22, 2018

What We've Been Reading - Week of April 22

Markets & Economy:

• South Africa bans KPMG from auditing public institutions (FT)
  
• Barclays Summarizes 89-Page Tesla-Bashing Report To 5 Tweets For Dumb Americans And Tech Investors (Zero Hedge - scroll down to see the Barclays report with the suggested Tweets)
  
• Silicon Valley Venture Capitalists Prepare for an I.P.O. Wave (NYT)
  
• IMF Says the Global Smartphone Boom Has Reached Its Peak (Bloomberg)
  

Asset/Wealth Management:

• Credit Suisse gets license for wealth management business in Philippines (Reuters)
  
• Big banks looks to woo consumers with credit (FT)
  
• Deutsche Bank Inadvertently Made a $35 Billion Payment in a Single Transaction (Bloomberg)
  
• The Top 100 Venture Capitalists (CB Insights)
  

Long(er) Reads:

• Palantir Knows Everything About You (Bloomberg BusinessWeek)
  
• A $76,000 Monthly Pension: Why States and Cities Are Short on Cash (NYT)
  
• How Liberty University built a billion-dollar empire online (NYT/ProPublica)
  
• The Young and the Reckless (Wired)
  
• The Wolves of Instagram (The Guardian)
  
• Time 100 Most Influential People (Time)
  

Alternatives:

• The Highest-Earning Hedge Fund Managers & Traders - list (Forbes)
  
  • The 25 Highest-Earning Hedge Fund Managers & Traders - story (Forbes)
    
• Steve Cohen targets high frequency trading with dark pool venture (WSJ)
  
• Steve Cohen Donates Dung-Adorned Art That Giuliani Tried to Ban (Bloomberg)
  
• How hedge funds hide (Institutional Investor)
  

Media Industry and Journalism:

• New York Times and New Yorker Share Pulitzer for Public Service (NYT)
  
• Report for America Supports Journalism Where Cutbacks Hit Hard (NYT)
  
• As a secretive hedge fund guts its newspapers, journalists are fighting back (WaPo)
  
  

Technology:

• Kevin Warsh and Stan Druckenmiller Just Invested In a Cryptocurrency That's Designed to Be Boring (Bloomberg)
  
• ICO Investors Aren’t Laughing at Crypto Founder’s Publicity Stunt (Bloomberg)
  
• Bitcoin heist suspect in Iceland flees on Prime Minister’s plane (Politico)
  
• An entrepreneur won a lunch with Warren Buffett. Now he's looking to beat him with cryptocurrency (CNBC)
  What Bitcoin Is Really Worth May No Longer Be Such a Mystery (Bloomberg Gadfly)