Föhrenbergkreis Finanzwirtschaft

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Archive for 21. Mai 2017

7th Circuit Court of Appeals Set to Rule on Banking Industry Arbitration Protections

Posted by hkarner - 21. Mai 2017

Thanks to H.H.

Thad Beversdorf, First Rebuttal, May 18, 2017

The very well respected Judge Posner, of the 7th Circuit Court of Appeals and who mediated the US Government v Microsoft case, is about to rule on the validity of the banking industry’s employer arbitration clause within the employment agreement.  And the interesting piece here is that it appears the appeals court panel is about to force the banks outside of arbitration by suggesting the arbitration clause within the employee contract is actually not an obligation.

Such a ruling has the potential to overthrow the banking industry’s many decade old hold over its employee and customer disputes.  That is, if the ruling goes as it looks it will, thousands of employee and customer disputes may be pushed outside of arbitration and in front of public juries.  Den Rest des Beitrags lesen »


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Posted by hkarner - 21. Mai 2017

Date: 20-05-2017
Source: NewsWeek

Stephen Hawking has said our time on Earth is running out and we must start searching for new planets to live on if we are to survive as a species.

The physicist recently warned that we only have 100 years to leave Earth and start inhabiting other planets in the universe—or face the possibility of going extinct.

Speaking Friday at the Royal Society in London, U.K., Hawking elaborated on his somewhat dire forecast. “I am aware there is a good deal of speculation in the media at the moment regarding my prediction of our time left on this Earth,” he said. Den Rest des Beitrags lesen »

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