Seagate, Western Digital Crater After Toshiba Breaks Hard-Drive "Supply Discipline" Pact

US To Revoke Passports Of People Who Owe 'Significant' Child Support Authored by Jack Phillips via The Epoch Times (emphasis ours), The Department of State announced on May 7 that it would revoke the U.S. passports of parents who are significantly behind on child support payments. The department said it would work with the Department of Health and Human Services (HHS) to revoke passports of individuals who owe “significant child support debt,” providing a link to the new guidance. “Anyone owing child support debt should arrange payment now with the relevant state child...

"Everyone Has Blown Up": London Macro Traders Carried-Out As French Carry Trade Implodes (Again) For the better part of three years, the hottest seat in London's multi-manager world was a European rates book: lever up French OATs in repo, clip the carry, collect the seven-figure payout. This month, the French bond market sent the bill. According to a must-read report from eFinancialCareers' Sarah Butcher, London's macro hedge funds are quietly emptying out their EGB desks. Funds aren't talking about performance, but headhunters and bank traders who have been keeping score say...

"July Was A Bad Month": Jane Street Lost $15 Billion In First Down Month In A Decade Back in February, just around the time gold and silver had peaked at prices that seemed impossible just a year earlier... ... we warned readers that with Jane Street emerging as the biggest holder of SLV with almost 21 million shares, it was time to get the hell out of the precious metal as this HFT shop, best known for spawning SBF, the 10am slam of bitcoin, and constant, unforgiving market momentum (ignition), would now...