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Mar 31, 2014
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Official attention will make or break bitcoin

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By Daniel Indiviglio
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Official attention will make or break bitcoin. Scrutiny from tax authorities like the U.S. Internal Revenue Service and financial regulators around the world may deter off-the-grid types from using the digital money. Yet interest from investors and even creators of derivatives could start drawing bitcoin into the mainstream.

Mar 31, 2014
via Breakingviews

Official attention will make or break bitcoin

Photo

By Daniel Indiviglio
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Official attention will make or break bitcoin. Scrutiny from tax authorities like the U.S. Internal Revenue Service and financial regulators around the world may deter off-the-grid types from using the digital money. Yet interest from investors and even creators of derivatives could start drawing bitcoin into the mainstream.

Mar 12, 2014
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Fannie investors may be using magic calculators

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By Daniel Indiviglio and Richard Beales
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Fannie Mae investors may be using magic calculators. With the latest reform blueprint taking shape in the U.S. Senate, hedge funds like Fairholme Capital Management have urged Washington to revitalize Fannie, the mortgage finance giant, which along with Freddie Mac was kept alive with nearly $190 billion of taxpayer cash in the aftermath of the financial crisis. The prospect has pushed up the price of Fannie’s preferred stock more than 10-fold in 18 months. But according to a Breakingviews analysis, even cheerful assumptions suggest Fannie’s business isn’t worth enough for shareholders to get much if anything back.

Mar 12, 2014
via Breakingviews

Fannie investors may be using magic calculators

Photo

By Daniel Indiviglio and Richard Beales
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Fannie Mae investors may be using magic calculators. With the latest reform blueprint taking shape in the U.S. Senate, hedge funds like Fairholme Capital Management have urged Washington to revitalize Fannie, the mortgage finance giant, which along with Freddie Mac was kept alive with nearly $190 billion of taxpayer cash in the aftermath of the financial crisis. The prospect has pushed up the price of Fannie’s preferred stock more than 10-fold in 18 months. But according to a Breakingviews analysis, even cheerful assumptions suggest Fannie’s business isn’t worth enough for shareholders to get much if anything back.

Feb 6, 2014
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Return to U.S. workforce of old a mixed blessing

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By Daniel Indiviglio
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The recent decline in the U.S. jobless rate to 6.7 percent is flattered by low labor participation. A return to the 2006 level of workforce involvement would mean 8 million more job-seekers and unemployment running over 11 percent. But as a Breakingviews calculator shows, that dramatically overstates the scale of the problem.

Dec 24, 2013
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U.S. housing recovery could run out of steam

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By Daniel Indiviglio

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The U.S. housing recovery could run out of steam in 2014. Banks are likely to tighten lending standards once new rules come into place. Rising interest rates may drive down home loan volume, too. Cash purchases by investors could set a floor for house prices, but they may not be enough to prevent a major slowdown.

Nov 21, 2013
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Bitcoin attention may flip its investor base

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By Daniel Indiviglio
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
All the official attention being garnered by bitcoin could flip its investor base. Congressional hearings held this week confer a certain sort of legitimacy on the shadowy but high-flying virtual currency. Ardent inflationista and libertarian bitcoin backers won’t much like the arrival of rules and regulations. They could, however, inadvertently attract the masses.

Bitcoin was created as a means of digital payment. Initially, a handful of programmers collected the nerd cash for solving mathematical problems related to network stability and security. Interest now extends far beyond young basement dwellers.

Nov 18, 2013
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Derivatives detail could sink bank wind-down plans

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By Daniel Indiviglio
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

A seemingly small derivatives detail could sink global bank wind-down plans. American and European regulators want to standardize contracts to help cross-border lenders fail smoothly. If the problem isn’t fixed, investors could undermine financial stability by calling in swaps. It’s a reminder of how much work still needs to be done to end too big to fail.

Oct 21, 2013
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Obamacare mess is opportunity for Valley hackfest

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By Daniel Indiviglio
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The Obamacare mess is an opportunity for a Silicon Valley hackfest. The launch of the new U.S. healthcare law has been plagued by technological glitches. That gives West Coast tech whizzes a chance to muck in.

Oct 9, 2013
via Breakingviews

Obama’s Fed chair pick looks timed to calm market

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By Daniel Indiviglio

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

U.S. President Barack Obama’s pick to be the next Federal Reserve chair looks timed to calm the market. Janet Yellen appears set to get the nod on Oct. 8 to run the central bank. That will mark a safe, boring end to a wild nomination process. But a little certainty is what global investors need from a politically chaotic Washington. A debt ceiling deal remains elusive, but at least there’s some predictability on Fed policy.

    • About Daniel

      "Daniel Indiviglio is a Reuters Breakingviews columnist, based in Washington, where he covers the intersection of politics and business. He joined from The Atlantic, where he covered a similar beat, providing analysis on topics such as financial regulation, housing finance policy, the Treasury, and the Fed. He also wrote for Forbes. He is a 2011 Robert Novak Journalism Fellow through the Phillips Foundation. Prior to becoming a journalist, Dan spent several years working as an investment banker and a consultant for financial services firms. He holds a BA from Cornell University, where he triple majored in economics, philosophy and physics. ..."
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