The nation’s commercial banks and savings institutions reported a 13% rise in net income in the third quarter, hitting a record as institutions’ profits soared and expenses moderated.
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Time For Truth: (Wall Street Journal) – U.S. Banks Report Record Profit in Third Quarter
With the value of Venezuela’s largest banknotes reduced to a few U.S. cents by triple-digit inflation and the currency’s collapse on the black market, the country’s central bank said it will begin circulating higher-denomination notes this month.
New denominations including bills of 500, 1,000, 2,000, 5,000, 10,000 and 20,000 bolivars will start appearing at banks from Dec. 15, according to a Central Bank statement, adding that coins of 10, 50, and 100 bolivars would also be released. Bloomberg News first reported the plans for larger bills on November 30.
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Time For Truth: (Bloomberg) – Venezuela to Issue Bigger Bills This Month as Currency Plunges
On the night before her shocking death, Dorothy Kilgallen, a star panelist on the hit TV game show “What’s My Line?,” correctly guessed the occupation of a mystery guest: a woman who sold dynamite.
The glamorous, razor-sharp Kilgallen delighted viewers, but behind the scenes, the dogged and courageous reporter was hot on the trail of the biggest story of her life: the assassination of President John F. Kennedy.
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Time For Truth: (New York Post) – Journalist’s tell-all on mobster tied to JFK might have gotten her killed
The smiling woman on the daily Moroccan television show spoke to viewers as if it were any other makeup tutorial, comparing brands and hues of face foundation and demonstrating how to apply it.
Seated next to her was a woman with what appeared to be a black eye and bruises on her cheekbones.
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Time For Truth: (The Washington Post) – ‘After the beating’: Moroccan TV airs makeup tips for hiding domestic violence
Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what is perhaps the biggest reason for the recent “anti-establishment” revulsion: an unprecedented concentration of wealth among a handful of people, as shown in its infamous global wealth pyramid, an arrangement which as observed by the “shocking” political backlash of the past few months suggests that the lower ‘levels’ of the pyramid are increasingly unhappy about.
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Time For Truth: (Zero Hedge) – Global Wealth Update: 0.7% Of Adults Control $116.6 Trillion In Wealth