Diego Segura

As stated in Section 340 of the Banking Law, “No person or other entity shall engage in the business of making loans in the principal amount of twenty-five thousand dollars or less for any loan to an individual for personal, family, household, or investment purposes and in a principal amount of fifty thousand dollars or less for business and... See more

Farley conceded that there are “a lot of underwater bonds in the banking system and that can pose financial stability risks because banks are leveraged institutions. If it’s levered 10 to 1 and you have a 10 percent loss, all the equity is gone.” Which, of course, is exactly what happened to Bear Stearns, which at times was levered 50 to 1, meaning... See more

For example, in the US, almost 1/3 of all employees have an independent or contingent activity and are not linked to a company by a full-time working contract.

They sort of combined Clinique and Supreme. The Clinique side was that it was this easy, relatively affordable, but still aspirational beauty system that could feel like it was meant for a [younger] generation. The products were effective if not insanely innovative. And the packaging and aesthetics around it felt completely of-the-moment and cool.

T... See more

Whether it’s a rare disease that has been cured or an opposed mining project finally cancelled, the achievement of the mission should conclude with a raised glass to success, excess funds returned to donors, and the satisfaction that comes with a job well done.

This almost never happens in real life. The term “non-profit” implies that nobody is... See more

Any kind of accomplishment, or output of creativity, or this amazing thing that you’ve done or been able to reach—it’s hard to take credit for it. It’s more that you just tapped into something that’s already there. You’re just allowing something through, like a connection to whatever channel of creativity you’re tuning into. So, you’re just a... See more

I recently stumbled upon this documentary about the “New Millionaires in Germany,” which included one of the Elevator Boys from TikTok. He said that he makes around 100k a month now but acknowledged that he was able to reach this point because his dad works in investment banking.

“She and the women like her were ornery, assertive, relentlessly capable, weathered and threadbare. She was a monument of dedication to her family, her work, and her community.”