My afternoon train reads:

• 10 things Brokers won’t say (MarketWatch)
• A Brief History of the ETF (money&markets)
• Will Wall Street Ever Learn E-Mails Are Forever? (Bloomberg)
Wonk alert: Seasonal adjustments post crisis moderate for U.S. economy (WSJ)
• What’s Dell’s Bidding Process Really About? (Clue: It’s Not About Fixing Dell) (All Things D)
• Same generic drug, many prices (Consumer Reports)
• Your Next Smartphone Screen May Be Made of Sapphire (MIT Technology Review)
• Password denied: when will Apple get serious about security? (The Verge) see also Samsung filing confirms ‘Apple can seek even more damages [than $1.05 billion] in the new trial’ (FOSS Patents)
• Inside North Korea’s Environmental Collapse (PBS)
• On Reddit, good links rise to the top — but sometimes take a few attempts to get there (Nieman Journalism Lab)

What are you reading?


Major Asset Classes Q1 2013 (as of March 31 2013)

Source: Capital Spectator

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 Monday PM Reads”

  1. Mike in Nola says:

    If my experience this morning was any indication, Dell is in need of some fixing. I spent over a half hour trying unsuccessfully to order a replacement keyboard for my 3+ year old Inspiron 1764. I had replaced the keyboard about 15 months ago after spilling a good part of a bowl of raisin bran onto/into it, but I’m pretty hard on them and still get food down under the keys. Dell had refurb keyboards for $15 which would suffice for something this old. However the Dell site would not let me check out using either IE or Firefox. I finally gave up and ordered a new one off Ebay for twice the price. Left them a nasty message about how maybe they should just use PayPal for checkouts since it ALWAYS works.

    BTW, it’s really pretty easy to replace the keyboard if you can find instructions. Just need a small Phillips screwdriver for the screws and a small flat one for popping open various items. It turned out Dell had the instructions on its site.

  2. Mike in Nola says:

    This could be a significant ruling in India.

    There’s not a lot of substance about the drug but I suspect it’s the usual deal by big Pharma: change the formula a bit, patent it and block generics.

  3. willid3 says:

    this just in

    we need to go back to the gold standard

    and when we run out of gold…

    we make synthetic cold!

    now back to your regular programming

  4. theexpertisin says:

    Excellent piece on the state of North Korea. Funny though, nowhere does the blame for the catastrophic environmental implosion of the country in so many ways fall upon the central planning and dogma of hard socialism practiced in the Hermit Kingdom. Regardless of the good notions of experts brought into North Korea and funded from outside their borders, failure will be the result, as are the environmental debacles in Russia, China, Cuba and just about everywhere a hard socialist government is calling the shots. Remember Eastern Europe prior to the opening of their societies to democracy and capitalism.

    It makes one pause to think that our country and a some others are trying to address environmental issues for the good of the planet, yet so many other large countries pay lip service, but continue to destroy earth with toxic environmental deeds. There is something to the notion that the biggest problem of hard socialism is an utter lack of conscience.

    • Chief Tomahawk says:

      Does “What are you watching?” fit here (in lieu of reading)?

      If so, these short video clips from Discovery: Fitness and Health, titled “Extreme Cheapskates”, are somewhat amusing:

    • Topsailsman says:

      Excellent point, expertisin. This is why there was never any pollution/environmental disasters in the history of capitalist countries like the UK and the US. No sir, not a one. Pristine all the way through. Why I remember the old robber barons saying “don’t harm the environment”. Capitalist love the environment so much, they name scenic sites after their love, see “Love Canal”. Why if it wasn’t for “hard socialist” systems, there would be no global warming.

    • willid3 says:

      is it that or the fact that there is a madman or mad men running the country and that they have total control? in China’s case you have to note that a lot of the ecological damage is driven by its version of capitalism.

    • Angryman1 says:

      Socialism is banned in North Korea

  5. 873450 says:

    More from bankrupt Stockton CA:

    Ruling Sets Up Pension Battle in Bankrupt City

    A federal bankruptcy judge ruled on Monday that the city of Stockton, Calif., was eligible for court protection from its creditors, clearing the way for a battle over whether public workers’ pensions can be cut when the city they work for goes bankrupt.

    After declaring Chapter 9 bankruptcy last year, Stockton eliminated tens of millions of dollars in city services and said it would cut some bond payments in a way unseen before in municipal bankruptcy. But bondholders objected to Stockton’s effort to protect pensions while forcing losses on investors.

  6. Angryman1 says:

    The reason why the FED buys up treasuries is because of excess demand. This may confuse people but it is like this: The demand for treasuries is so large that it ends up hurting the wealth effect by creating a persistantly safe haven for wealth keeping wealth out of the “riskier” segments of the economy that would usually inherit income from these investments.

    The FED’s historical purchases of treasuries has actually shrunk in the last 10 years making the problem worse. By buying up these bonds at a consistant pace, will force buyers to look elsewhere into riskier funds and thus boosting the wealth effect and reflation.

    They got a long way to go however.


    BR: Bollocks

  7. Richard W. Kline says:

    Oh halaelujah, column format and full view on links again. The in-line squeeze was unreadable, and a significant disincentive to click-in to see what didn’t display. There’s one thing fixed anyway.


    BR: Just the 1st post.

    When all 10 posts are fully expanded, it generates zero analytical data about what is most read. This fixes that, and the cost is you have to make a click on something you want to read.

    Suck it up, Nancy

  8. VennData says:

    Rubio’s Important thoughts on immigration:

    1)”… Rubio brought an immigration lawyer from Florida onto his Senate staff just to deal with the fine print…”

    What a novel idea! bring lawyers to DC to help with legislation. he should get a Noble!

    2) “…There’s no chance that the base will be excited about a deal that’s been embraced by Obama and the Democrats in the gang…”

    Obama just needs to say he hates tuff and the right wing will love it then, right? You GOP voters are kooks!

    3) “…Rubio has been courting conservative leaders and talk-radio hosts, hoping they’ll give him leeway when he needs it. One of his arguments: There’s nothing conservative about having 11 million people in the country illegally…”

    Oh, so it’s liberal? ROFL!

    4) So far, he has been encouraged by what he has heard. In late January, when the Senate gang issued the framework that it is now filling in, Rubio did a tour of Rush Limbaugh, Mark Levin, Sean Hannity and other conservative talkers, and got a surprisingly respectful – even favorable – response. On Easter Sunday, 36 minutes before the Sunday shows began, Rubio put out a statement saying reports of a final agreement were premature. He didn’t want the conservatives he has been courting to think he had cut a deal without consulting or informing them

    Don’t want to be accused of NOT kowtowing to the Right Wing Media Machine.

    GO GOP voter! You’re my hero. Here’s a video making fun of you:

  9. mrflash818 says:

    Please also consider reading’s coverage of the Samsug/Apple litigation.

    “Apple’s Claim 19 of ’381 Patent Rejected by USPTO in Final Office Action: Impact on Apple v. Samsung Damages Can Be Huge”