TD Bank pleads guilty to money laundering, agreeing to pay $3 billion in fines, marking a significant moment in financial compliance. Meanwhile, the campaign to repeal ranked choice voting in Alaska faces a massive funding disparity, raising questions about the influence of money in politics. Plus, insights into market reactions to the latest CPI report and Tesla's upcoming robotaxi event.

Sources:

https://fortune.com/2024/10/10/feds-slap-td-bank-with-3-1-billion-in-fines-for-money-laundering/

https://alaskabeacon.com/briefs/alaska-ranked-choice-voting-repeal-effort-outraised-a-hundredfold-campaign-finance-filings-show/

https://finance.yahoo.com/video/cpi-weighs-market-tesla-robotaxi-175203028.html

https://finance.yahoo.com/news/kramer-levin-formalizes-private-credit-133300806.html

Outline:

(00:00:00) Introduction

(00:00:45) TD Bank pleads guilty to money laundering and agrees to bay $3 billion in fines

(00:03:57) Alaska ranked choice voting repeal effort outraised a hundredfold, campaign finance filings show

(00:06:40) CPI weighs on market, Tesla robotaxi event in focus: Yahoo Finance

(00:10:23) Kramer Levin Formalizes Private Credit Practice, Serving Clients Seeking Creative Financing Strategies and Access to New Asset Classes