AramZS

Justice Dept sues the City of Ferguson to force policing reform – The Washington Post

The Department of Justice filed a civil suit against the City of Ferguson, Mo., alleging that the city’s policing practices violate residents’ civil rights. Here’s what you need to know. (Victoria Walker/The Washington Post) The Department of Justice filed a 56-page civil lawsuit Wednesday against the City of Ferguson, Mo. alleging that, 18 months after the police…

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Facebook distances itself from Marc Andreeseen comments – Business Insider

Stuart Isett/Fortune Global ForumVenture capitalist and Facebook board member Marc AndreessenFacebook and CEO Mark Zuckerberg are speaking out against the comments of board member Marc Andreessen, who infuriated people on Twitter Tuesday night with his comments about the social network’s “Free Basics” program in India. Free Basics provides limited internet services at no cost to people…

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It’s a special club and you’re not in it: Being in the same social class as the Wall Street bank you’re borrowing from pays off — just ask Timothy Geithner – Salon.com

Among the takeaways from Timothy Geithner’s 2014 memoir “Stress Test” is his contention that the financial system is safer and more stable today. And central to that improvement are the stiffer capital requirements, buffers of liquid assets for financial institutions so they can absorb their own losses. With stronger capital standards, banks must “hold more…

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