Five months ago, Zero Hedge observed the nuances of the Federal Reserve’s Primary Dealer Credit Facility (PDCF) and concluded that this artificial liquidity boosting construct was nothing more than yet another scam to allow banks to extract ever more money from taxpayers, with the complicit blessing of the Federal Reserve Board Of New York (as [...]
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At thefreshfacts.com, the privacy of our visitors is of extreme importance to us. This privacy policy document outlines the types of personal information is received and collected by thefreshfacts.com.com [...]
Published:
March 4, 2010
Paper Released:
February 2010
Authors:
Ned Gulley and Karim R. Lakhani
Executive Summary:
Why do people expend personal time and effort toward creating a public good? Over the past decade, collaborative, community-based approaches to developing knowledge-intensive products like encyclopediae, music, and software have gained prominence in both practice and scholarly analysis. “Open source software development,” for example, is [...]
Evan Williams, one of the founders of Twitter, has given a lengthy interview to the BBC World Service, in which he claims that social media is fundamental to the spread of democracy. Or should that be the other way around? In the 30-minute program, which debuts tonight, he also touched on why he turned down [...]
We’ve seen the crowdsourcing contest model applied to everything from business documents to doughnut design. The latest spotting? One Billion Minds, a prize-led innovation platform that connects problem-solving scholars with solution-seeking companies and non-profits.
One Billion Minds challenges student and alumni crowds from universities worldwide to come up with innovative solutions to real-world problems. Challenges [...]
It’s Déjà Voodoo Economics… All Over Again
By: Eric Sprott & David Franklin
If you’re of a certain age, chances are you remember exactly where you
were when JFK was assassinated. Similarly, if you’re from Canada or
the United States and have an even remote interest in hockey, it’s
highly likely that you remember exactly where you were when [...]
Carl Magnus Hallberg, senior vice-president, global IT services at Nasdaq OMX
The senior vice-president of global IT operations at Nasdaq OMX explains how co-location is making trading faster and why exchanges are becoming more like technology companies. Writer Michelle Price
Cloud computing and software-as-a-service are gaining popularity in the banking industry, but some reservations remain, particularly concerning security. How well-founded are these concerns and how can they be assuaged? Writer Nicholas Pratt
Halil Husnu Erel, Turkiye Garanti Bankasi’s general manager
Turkiye Garanti Bankasi’s general manager for technology was instrumental in overseeing the bank’s launch of the world’s first online-only Western Union transfers system and is now driving the development of a contactless ‘e-purse’ card, which
Happy Birthday Craigslist. The schlubby classified ad site, which managed to blow up the newspaper business by behaving decidedly unbusinesslike, was founded nearly 15 years ago, according to a blog post from the site’s eponymous founder Craig Newmark. He digs up what he calls “the earliest archaeological find” from the site’s early days. It’s a [...]
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