Friday Afternoon Readings

July 24, 2009 3:45pm by Barry Ritholtz

Friday linkage — something for everyone, bull and bear alike:

• The Charade Of Quarterly “Earnings Surprises” (Business Insider)

• What Can China Get For Its $2 Trillion? (Real Time Economics)

• Simon Johnson says “Fix the economy? Curb corporate America (Salon)

• America’s Disappearing Millionaires (Newsweek

• Turf War Over Financial Oversight Plays Out at Hearing (NYT)

• Dropping the shopping (The Economist)

• Have to Admit It’s Getting Better: As the Beatles sang back in the Psychedelic ‘Sixties, “Can’t get no worse.” (Barron’s)

• Stars align for easing of U.S. credit crunch (Reuters)

• Geithner Calls for Finanical Rules Revamp to Be Passed This Year (WSJ)

• Nice while it lasted: Sentiment has now risen back to dangerous levels (MarketWatch)

• Rating Agencies Downgraded (The Economist) see also: Berkshire Hathaway reduces stake in Moody’s (Reuters)

• Executives Receive One-Third of All Pay in the U.S. (Alternet)

• “Does Securitization Affect Loan Modifications?” (Naked Capitalism)

• Gasparino Responds to Crossing Wall Street (Crossing Wall Street)

Anything else clickworthy?

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