My morning reads:
• Fed Ties Rates to Joblessness, With Target of 6.5% (NYT)
• Hoenig: To protect banks and the taxpayer, we must insist on strong capital for all banks (FT.com)
• Volcker Spots a Problem (Economix) see also Rigged Libor With Police Nearby Shows Flaw of Light Touch (Bloomberg)
• The Rules of behavior for corporate finance and M&A investment bankers (The Epicurean Dealmaker)
• Eisinger: Is Stevie Cohen (SAC) the “Michael Jordan” of the investing world or the Lance Armstrong? (ProPublica)
• The strange world of negative interest rates (Coppola Comment)
• A Giant Statistical Round-up of the Income Inequality Crisis in 16 Charts (The Atlantic)
• Rally in PC Stocks Is a Yawner. Google Fiber Is a “Disruptor” (Barron’s)
• Maps App for iPhone Steers Right (NYT)see also Google Releases Map App for iPhone (WSJ)
• ‘Seinfeld’ masters a new domain: Twitter (MarketWatch)
What are you reading?
The Mighty Consumer Is on the Ropes
Category: Financial Press
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