Morgan Stanley deal brings toxic mortgage bill to $64bn – FT.com

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/af2f8e0e-d0d6-11e5-831d-09f7778e7377.html#ixzz3ztcpkgur US authorities have now wrung a total of $64bn from banks that sold toxic mortgage securities before the financial crisis, with Morgan Stanley’s agreement…

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Why micropayments aren’t the ad blocking antidote

Publishers have flirted with micropayments as a revenue stream for years, mostly unsuccessfully. Now, with the continued rise of ad blocking, new hope again is pinned on pay-per-article schemes for ad-blocking readers. Fat chance. German publisher Gruner + Jahr, which publishes 285 magazines and newspapers across 22 countries, serves messages to ad-blocking visitors to its site Geo.de, requiring…

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Kanye 2020 is in trouble: His “Bill Cosby innocent!” tweet goes beyond harmless trolling – Salon.com

For a long time now, Kanye West has existed simultaneously as a rap musician, an outspoken social critic (“George Bush doesn’t care about black people”) and a frequent and much-followed Tweeter. He veers from the mild (his love of fonts, praise for his wife, frequent photographs of fashion fittings) to the boastful (his new album is not the…

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Dear Madeleine Albright and Gloria Steinem: Feminism demands we reject America’s deadly imperialism – Salon.com

This article originally appeared on AlterNet. Two powerful backers of Hillary Clinton attracted headlines—and outrage—this weekend when they uttered sweeping statements under the banner of “feminism,” calling on young women to back the former Secretary of State’s presidential bid. Madeleine Albright, the first woman to serve as U.S. Secretary of Sate, introduced Clinton in New…

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