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Law360, New York (March 31, 2017, PM EDT) -- A former trader at Nomura Securities International Inc.
accused of secretly padding mortgage bond prices asked a Connecticut federal judge to ban mention of Jesse Litvak, the first trader to face similar charges, at an upcoming trial.
MANY of my recent articles – on elderly care provision, student finance, and housing in particular – have focused on these problems from the point of view of public policy. The other half is how ordinary people have to grapple with these serious financial issues every day: the students trying to afford university; the retirement-age workers worrying about whether they have saved enough in their pensions; the young couple trying to afford a starter home for their family. Unfortunately, they are also untold stories, as people don’t talk about them.
We chat a lot about house prices, but not about savings or pensions. The same research we conducted shows that 41 per cent of people – over 20m adults – feel stressed about their finances.
And Legal & General research shows that we see money as a taboo subject: 46 per cent say money is a personal matter that simply should not be talked about. This affects the daily lives of millions of families up and down the country.
Reluctance can also have a significant financial impact for the 46 per cent of us who say finances are something we should not talk about.
Taboo remains a mystery in a lot of ways, but its second episode at least began to clear things up on the East India Trading Company storyline.
While it's yet to explain the true sordid past between James (Tom Hardy) and his half-sister Zilpha (Oona Chaplin) -- it's surely something -- the episode, written by showrunner and co-creator Steven Knight, was right to hone in and clarify one thread of its complex story.
L, George Chakravarthi, Guillermo Gomez-Pena, Throbbing Gristle, Anne Bean, Oleg Kulik, Leigh Bowery, Franko B, Ron Athey, Bob Flanagan and Sheree Rose, Karen Finley, Pussy Riot…
This is almost always too late, and can result in people taking short-term solutions, such as payday loans, which can prove unsustainable and expensive.
If you are still not convinced, why not watch the video on our Facebook page, and listen to the personal stories we heard recently when we asked people at the Trafford Centre in Manchester and the Lakeside Shopping Centre in Essex about what they thought was taboo. Encouragingly, the government has been taking steps in the right direction.
Ross Shapiro is the highest ranking of three ex-Nomura traders set to go on trial in May.
He, Michael Gramins and Tyler Peters are charged with selling residential mortgage-backed bonds in a way that hid the amount of profit they received. Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.