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    Salt Bae Backers Seek a Partner and a $1 Billion Valuation

    From bnnbloomberg.ca|4 hr ago|1 comment

    The owners of the Nusr-Et steakhouse, known by its founder chef’s meme Salt Bae, are considering selling a stake in the business, according to people with knowledge of the plans. Turkish billionaire Ferit Sahenk, and co-founders Nusret Gokce and Mithat Erdem, may sell a combined stake or an individual holding to one or a group of investors, the people said, ...

    CBS Chief Will Get $100 Million Severance and Still Keep His Job

    From bnnbloomberg.ca|13 hr ago|4 comments

    CBS Corp. acting Chief Executive Officer Joe Ianniello is in line for a hefty haul when Viacom Inc. completes its proposed merger with the broadcast network. While he won’t get to lead the combined entity, he’ll collect $100 million severance and remain chief of CBS with a new contract entitling him to tens of millions of dollars more. The arrangement ...

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    Financial Contagion: Lessons from the Great Depression

    From stlouisfed.org|7 hr ago

    The financial crisis of 2008-09 sparked interest in how relationships within the financial system can amplify shocks. Although financial contagion can occur in various ways, explicit contractual ties between firms are widely thought to have been an important source of contagion in the recent crisis and in many crises historically. Contractual linkages among ...

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    BDSwiss Adds New Payment Method for Vietnam - Ngan Luong

    From blog.bdswiss.com|13 min ago

    Dedicated to providing its clients with utmost flexibility when it comes to deposits and withdrawals, leading forex and CFD investment firm BDSwiss Group has recently added Vietnam payment gateway Ngan Luong to its payments arsenal. Ngan Luong is a comprehensive payment gateway in Vietnam and a member of Next Tech Group. Launched in 2009 by PeaceSoft, Ngan ...