My afternoon train reading:
• Fed’s Stress-Test Champion Reshapes Regulation of Biggest Banks (Bloomberg) see also The Volcker Rule and the Goldman Controversy (DealBook)
• Takeover Defense, Goldman Style (Circa 1960s) (Economix)
• U.S. Auto Dealers Who Survived Debacle See Record Sales (Bloomberg) but see Is Warm Weather Putting a False Shine on the Economy? (BusinessWeek)
• What Isn’t for Sale? (The Atlantic)
• Capital shortfall: A new approach to ranking and regulating systemic risks (Vox) see also Stress Tests for Zombies? Why Low Interest Rate Policy Does Not Work (Institutional Risk Analyst)
• The Man Who Broke Atlantic City (The Atlantic)
• Wikipedia Didn’t Kill Britannica. Windows Did (Wired)
• LinkedIn is the Gateway Drug to Social Media for Fin Services (HuffPo)
• Umair Haque: The Builders’ Manifesto (HBR)
• Alone in a Crowd: How Crowdfunding Could Strand Startups (Businessweek)
What are you reading?
WTF?! DOUBLE THE FUN WITH CBOE’s VVIX
Category: Financial Press
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