Some reads to start your morning:
• Kenneth Rogoff: A Gravity Test for the Euro (Project Syndicate) see also Europe’s leaders have agreed on how to prop up the euro. For now (Economist)
• Credit Unions Poach Clients (WSJ)
• Europe’s rescue fiasco leaves Italy defenceless (Telegraph) see also For Markets in Europe, the Focus of Fear Moves to Italy (NYT)
• Capitalism can’t just be about money (Tim Harford)
• Simon Johnson: Middle Class Pays for Financial Market Mistakes (Bloomberg) see also Time to turn outrage over bank fees toward entire financial industry (LA Times)
• Bob, You’re too kind! Mayor Bloomberg Makes The Big Lie; Exonerates Banks (Forbes)
• Bond Investors Sit on Hands (WSJ) see also Stocks or Bonds for the Next 30 Years? (Motley Fool)
• Can Anyone Really Create Jobs? (NYT Magazine)
• Wall Street’s resurgent prosperity frustrates its claims, and Obama’s (Washington Post) see also Investors Can’t See Banks for the Hedges (WSJ)
• Apple’s Freebie IPhone Pits Premium Brand Against Bargain Fare (Bloomberg)
What are you reading?
Source: Pro Publica
Category: Financial Press
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