People

Peter Thiel’s Golden Touch

My fascination with Peter Thiel continues to build – in this case based upon his seeming involvement in every successful or interesting project to come out of Silicon Valley these days… PayPal, Facebook, Clarium Capital, Palantir, etc. The article is below… By SIOBHAN GORMAN for The Velvet Rocket PALO ALTO, Calif. — From a Silicon … Continue reading

Money

How To Launder Money (And Everything Else You Wanted To Know About Money Laundering)

Interesting piece from Forbes Magazine… Tough Rules You can thank the USA Patriot Act (passed after the 2001 terrorist attacks) for this rapid global change.  The Patriot Act required financial institutions to set up rigorous anti-money-laundering programs, ostensibly to thwart terrorist financing.  However, with a powerful new tool on their hands, various law enforcement agencies did not … Continue reading