Financial News Roundup - Week of July 1, 2018

What We've Been Reading - Week of July 1

Markets, Economy & Corporate News

• How Michael Dell’s financial engineering created a fortune (FT)
  
• Is the board side stepping its duty by not providing a reason for shareholders, the workforce, etc? (NYT)
  
• The New Hot Law Job: Litigation Finance (WSJ)
  
• ‘The last of the 100-year breed’: Here’s what’s left of GE (Yahoo! Finance)
  
• U.S. companies turn to felons to fill labor shortage (FT)
  
• A $240 billion lending binge threatens to burn Chinese brokers (Bloomberg)
  

Asset/Wealth Management:

• 401(k) plans could get hit by the trade war (Bloomberg)
  
• Wealth Advisers Face Obstacle to Job-Hopping After Court Ruling (Bloomberg)
  
• Commercial Bank Wealth Management And Trust Divisions Rarely Achieve Their Potential (Forbes)
  
• Vanguard's Not the Only Threat to Active Managers (Bloomberg Opinion)
  

Alternatives:

• Here’s Some Cryptocurrency, Now Please Use It (NYT)
  
• A hedge fund star (David Einhorn) dims and investors flee (WSJ)
  
• KPMG Has Close Ties to Troubled Private Equity Firm (WSJ)
  
• ‘A way of monetizing poor people’: How private equity firms make money offering loans to cash-strapped Americans (WaPo)
  

Media Industry & Journalism:

• A contributor to Forbes and other sites was charging $2,000 for each “brand mention” in his articles until BuzzFeed exposed him. (BuzzFeed)
  
• Quartz, Atlantic Media’s Business News Startup, Is Sold to a Japanese Firm (NYT)
  
• Public relations is a people business (DLPR Insights)
  

Long Reads:

• Can Andy Byford save the subway (New Yorker)
  
• Is it great to be a worker in the U.S.? Not compared with the rest of the developed world. (WaPo) - SG
  
• The reinvention of Société Générale’s investment bank (FT)
  

Technology:

• Tim Berners-Lee, the man who created the World Wide Web, has some regrets (Vanity Fair)
  
• Why Are There So Many Robocalls? Here’s What You Can Do About Them (WSJ)
  
• This year will be for building out cryptocurrency... (CNBC)
  
• How Smart TVs in Millions of U.S. Homes Track More Than What’s on Tonight (NYT)
  
• Exploring 5 Trends Driving The Fintech Revolution (Forbes)
  
• Tagwalk Wants to Be the Google of Fashion (NYT) ​
  

Crisis Communications:

• GSK director sued over US opioid epidemic (FT)