Here’s the latest additions to my Instapaper:

• The great bank heist of 2010: Wall Street wins, Main Street pays — again  (MarketWatch)

• How to navigate the bond rout (Fortune)

• (Cat fight!) Why Is CNBC Trying So Hard to Defend Insider Trading? (Hub Pages)

• Saxo’s outrageous predictions for 2011 (FT Alphaville)

• Keeping an email address secret won’t hide it from spambots (Guardian)

• A New THEORY of AWESOMENESS and MIRACLES (short term memory loss)

• Suitably dressed: The lounge suit, battledress of the world’s businessmen, is 150 years old—possibly (The Economist)

Category: Financial Press

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

8 Responses to “Tuesday Long Reads”

  1. swag says:

    In case you haven’t seen Sandra Hines ream out Congress –

    Background –

    Certainly some would say that she deserved foreclosure, refinancing with an ARM. Hm. I wonder how that loan was presented to her.

  2. Jojo says:

    I’ll contribute:
    The Women of Twitter: Behind those sexy tweets
    Posted: Tuesday, December 21 2010 at 06:01 am CT by Bob Sullivan

  3. carleric says:

    Great articles on the banks and CNBC…thanks for finding and publishing the links…our
    Congress and CNBC are just common simple whores after all; complete with pimps….

  4. James says:

    Great piece by Arends. But, of course, you’ve been saying the same thing, BR.

  5. Transor Z says:

    Cool data visualization by Hans Rosling of trends in health and wealth from 1810 to present:

  6. Bernie X says:

    Insider trading absolutely should be legal.

    Then the individual “investor” will finally be taught what has been the actual truth of the stock market: that the whole time the stock industry has been calling him an “investor” (to encourage him to trade, and often), he is actually a speculator (gambler), and has been speculating (gambling) against professionals who will ALWAYS have better information.

  7. rktbrkr says:

    Let the games begin! Investor corners copper mkt (London anyway). When we get explosive inflation due to BBs money printing he can blame the commodities speculators for successfully speculating via commodities that we would get explosive inflation.Throw them in jail with Julian Assange!

    Mystery trader corners copper market. A mystery trader has acquired ownership of 80-90% of the copper sitting in London Metal Exchange warehouses, equal to around half the world’s exchange-registered copper stockpile and worth about $3B. The news came as copper prices reached a record high yesterday of $4.2705 per pound, and the metal has notched a 28% gain this year. As the price of copper, as well as other commodities, continues to climb, investors are growing increasingly wary of the ability of a few traders to dominate the markets.

  8. VennData says:

    The WSJ opinion page has a long and cozy relationship with insider trading bans as well, they are against them.

    Seems illogical, you’d think they would want to keep one of the fulcrums of fair market rules. But that’s not the WSJ opinion page thinking…. they want the insiders to make more.