My morning reading:
• Wall Street Professional Survey Reveals Widespread Misconduct, Acceptance of Illegal Activities, and Disregard of Client Interests (Labaton Sucharow)
• Companies Rush to Lower Earnings Bar (WSJ) but see Stock Investors Get a Little Less Defensive (WSJ)
• Apple: Why the Market Is Mispricing a Brand Behemoth (Fiscal Times)
• How the White House sees the shutdown (and debt ceiling!) fight (Wonkblog) see also Economists fear debt ceiling fight may bring recession (CNNMoney)
• Disney World extends hours for part timers so they get health-care (Boing Boing)
• Insane Bloomberg Headline 2-fer:
…..-Freak Grape-Razing Hail Crushes Burgundy Winemakers’ Dreams (Bloomberg)
…..-Pig Sales Fly Blind as Data Cut by Shutdown Hampers Firms (Bloomberg)
• Why Uncle Sam is hoarding gold (MarketWatch)
• Several banks considered too big to fail are even bigger (Los Angeles Times) see also The Big Lie of the Post-Crisis (Columbia Journalism Review)
• Every First-Edition Ian Fleming James Bond Book Cover (1953-1966) (The Man in the Gray Flannel Suit)
• Ferrari GTO Becomes Most Expensive Car at $52 Million (Bloomberg)
What are you reading?
Stock Investors Get a Little Less Defensive
Category: Financial Press
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