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Congress Expands Uranium One Probe After Senator Claims Obama Admin Misled Him Over Yellowcake Exports

Congress Expands Uranium One Probe After Senator Claims Obama Admin Misled Him Over Yellowcake Exports

Senator John Barrasso (R-WY) is turning up the heat on the Uranium One investigation, demanding documents from both the Energy Department and the Nuclear Regulatory Commission (NRC) in a Monday letter to both entities. Barrasso wants to find out if he was intentionally misled by the Obama administration about Uranium One being able to export yellowcake uranium out of the United States after the company was acquired by Russia. 

Rep. John Barrasso (R-WY)

Barrasso writes: 

BofA's Derivatives Wizards Reveal "The Top 17 Themes To Remember From 2017"

BofA's Derivatives Wizards Reveal "The Top 17 Themes To Remember From 2017"

Last week, as part of its must read 2018 Outlook piece, Bank of America's derivatives team pointed out two particularly notable things: the first was BofA's version of the (central-bank mediated) "feedback loop" diagram that keeps volatility record low and grinding even lower, as selling of vol has become a self-reinforcing dynamic, in which lower VIX begets more vol-selling by "yield-starved investors", leading to even lower VIX as the shock that can reset the feedback loop is no longer possible, and thus the strike price on the Fed's put can not be put to a market test, which also results

North Korea Hacks Exchanges Attempting To Steal Bitcoin As Prices Surge

North Korea Hacks Exchanges Attempting To Steal Bitcoin As Prices Surge

Authored by Mac Slavo via SHTFplan.com,

The value of soaring crypto-currencies is creating a bubble financial analysts continue to warn about, but it’s also making it overly appealing to cyber thieves.  North Korean hackers are now attempting to steal bitcoin, as experts warn of an impending financial dilemma.

Ashley Shen, an independent security researcher, said:

Mega Mall Merger: French Bid For Westfield Creates $72BN Mall Giant As Online Threat Looms

Mega Mall Merger: French Bid For Westfield Creates $72BN Mall Giant As Online Threat Looms

The need for consolidation in the face of the ongoing Amazon - and broader online menace - is becoming irresistible, even for the biggest and best mall operators. Today the French-based Unibail-Rodamco, the biggest commercial landlord in Europe, agreed to purchase Westfield, the Australian-based mall operator. Unibail is offering 0.018844 shares and $2.67 cash for each Westfield share – a 65/35 stock/cash ratio – which values Westfield at an enterprise value of $24.7 billion. Westfield owns 35 shopping malls in the UK and US and is building a new mall in the Italian city of Milan.

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