10 July Fourth Reads

July 4, 2012 5:00am by Barry Ritholtz

Fourth of July reads to start a revolution:

• A Rally Slams into Resistance (Barron’s) see also Volatility Surges in S&P 500 With Volume Lowest in Decade (Bloomberg)
• Former Brokers Say JPMorgan Favored Selling Bank’s Own Funds Over Others (DealBook)
• WTF?!? Wall Street Supporters in Congress Unmoved by Libor Probe (Bloomberg)
• Hot new filing claims internal docs show rating agencies lied on MBS (Reuters) see also Morgan Stanley Got S&P to Inflate Ratings, Investors Say (Bloomberg)
• Financial Giants Are Moving Jobs Off Wall Street (NYT)
• Chinese corruption and looting on a vast scale: industry, government, and military (BoingBoing)
• Giving Health Care a Chance to Evolve (NYT)
• Now it’s conservatives who suspect a ‘political’ Supreme Court (Washington Post)
• The Dog That Voted and Other Election Fraud Yarns (MoJo)
• Microsoft’s Downfall: Inside the Executive E-mails and Cannibalistic Culture That Felled a Tech Giant (Vanity Fair)

What are you reading?

Consumers Unlikely to Rekindle the Recovery

Source: WSJ

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