My airplane reading for today:

• ‘Fortune 500′ of 1812 Shows U.S. Banks’ Early Influence (Bloomberg)
• Are speculators behind high oil and gasoline prices? (McClatchy)
• The inevitability of shadowy banking (and how to regulate it) (Alphaville) see also Profit Drop at U.S. Banks Imperils Rally (Bloomberg)
• Top Concerns From Regulatory Compliance Associates: Pay-to-Play, Form PF, Social Media (Advisor One)
• How Instagram founder Kevin Systrom became insta-rich (LA Times) see also Facebook Plays Offense and Defense in a Single Deal (NYT)
• Anti-Theft Effort May Boost iPhone Resales (SmartMoney)
• Microsoft quietly buys Netscape browser technology (Slash Gear)
• Google’s Washington Night (NYT)
• A Start-Up Rethinks the Process of Getting a Trademark (NYT)
• Future TechStars, Step Forward (Inc.)

What are you reading?

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On Jobs, No Time for a Celebratory Beveridge

Source: WSJ

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.

14 Responses to “10 Mid-Week PM Reads”

  1. willid3 says:

    more of the same from mortgage servicer s and banks??
    http://www.nakedcapitalism.com/2012/04/abigail-field-2.html

  2. willid3 says:

    i suspect that speculators are very much the cause of gas prices being so high. after all, there is a huge drop in demand (almost %8 from last year). and while there is almost a million barrels offline (or close), its in a 90 million barrel a day market. so how does 1/90 of the market drive the rest so much? and we have more than a few refineries that are being closed because of a lack of demand. and that pipeline they want to build? is going to Houston. a port. how will that help? the main reason the east coast has high gas prices is they get a lot of it from Brent sea oil field. which is more expensive than almost any other oil. and that oil is already being exported to the US already. its just going to the Dakotas. where gas prices are really low.

  3. mathman says:

    Clear evidence that education has gone off the deep end in some places (to be conservative):

    http://thinkprogress.org/climate/2012/04/11/462354/tennessee-monkey-bill-to-dumb-down-kids-in-biology-and-physics/

    “Two years after state hit by warming-enhanced 1000-year deluge, bill to ‘teach the controversy’ on evolution and global warming becomes law”

    (from the article)

    “On Tuesday, Tennessee adopted a law “to prevent school administrators from reining in teachers who expound on alternative hypotheses” to the scientific theories of evolution and climate change.

    The National Center for Science Education has said of the primary alternative to evolution — creationism — that “students who accept this material as scientifically valid are unlikely to succeed in science courses at the college level.”

    I suppose this is some form of natural selection, then, as Tennessee encourages the disinforming of its kids in two of the most important areas they will need to thrive in the 21st century — thrive economically in a world of global competitors who don’t teach anti-science disinformation to their kids and, of course, thrive literally in a world where a livable climate is being destroyed by man-made global warming and a man-made disinformation campaign to delay action.

    Ironically, the bill was enacted two years after one of the epic extreme weather events in U.S. recorded history devastated one of America’s great cities (see “The Tennessee deluge of 2010: Nashville’s ‘Katrina’ and the dawn of the superflood“).”

    WEEEEEEEE!

    Good ol’ Monsanto is at it again. Disagree with them and they’ll sue you and your entire state (or country)!
    http://www.courthousenews.com/2012/04/10/45469.htm
    remember folks Roundup is GOOD FOR YOU!

  4. PeterR says:

    The common thread?

    GREED!

    http://en.wikipedia.org/wiki/Greed

    Read it and weep for our future.

  5. peich01 says:

    I’m waiting for some – anyone – to parse this: http://www.sec.gov/news/speech/2012/spch041112laa.htm. Wow.

  6. bear_in_mind says:

    The Beveridge chart gives pretty stout indications of structural change to the American labor market. Couple that with your April 5th post (see link below) on the majority of new employment occurring in low-wage positions and you have some pretty troubling labor trends brewing.

    http://www.ritholtz.com/blog/2012/04/us-labor-market-increasingly-low-wage-driven/

  7. willid3 says:

    labor participation is also based on Civilian noninstitutional population (over 16 years old) growth. the higher it is the more jobs that have to be added just to stay even. of course I also wonder how the on rushing retirement boom is going to play into that.

    http://www.calculatedriskblog.com/2012/04/labor-force-participation-rate.html

  8. Mike in Nola says:

    Google has once again shown its creativity and originality, at least in copying. It isn’t prejudiced and seems to have stolen both from Apple and Microsoft in it’s new version of Chrome.

    http://feedproxy.google.com/~r/msftnws/~3/8B1cTkn-r4o/

  9. slowkarma says:

    I’m reading about the Justice Department suing Apple and the publishers on behalf of Amazon. I think they’re aimed in the wrong direction.

  10. Arequipa01 says:

    @peich01

    Holy Bat Excrement Masquerading as Jurisprudence. That is simply astounding.

    Two immediate thoughts- ‘international comity’ is a two way street, so if the SCOTUS is saying to dem furriners, go ahead cheat our citizens/investors, what do think is being prepped here.

    Also, his referencing the Tyco case and how the Morrison case can and will affect private litigation domestically is TRULY frightening (particularly in light of the JOBS Act and auditing laxity).

    This caught my attention:

    “The Study also did not adequately focus on how Morrison has harmed investors by weakening the federal securities laws and stripping investor protections. Under Morrison, the private right of action only reaches the purchase or sale of a security listed on an American stock exchange, or other domestic transactions.36 However, determining whether a transaction occurred domestically can prove difficult, and can result in anomalous results for investors worldwide.”

    I encourage any and all to read the ‘statement’ by Luis Aguilar.