My evening train reading
• U.K. acts to cap retirement-plan fees at 75 bps (MarketWatch)
• The great austerity shell game (Guardian) see also The Bank Guarantee That Bankrupted Ireland (Occupy)
• Hedge Funds’ ‘Two and Twenty’ Era is ‘Done’ (Barron’s)
• Two Papers That Could Persuade the Fed to Prolong Stimulus (Business Week) see also Two Fed Economists Have Given Us A Big Hint About The Fed’s Next Easing Move (Business Insider)
• Wolf: Germany is a weight on the world (FT)
• Twitter — Scenario 3, courtesy of Aviate Global (FT Alphaville) see also Facebook? Overvalued? What Makes You Think So? (WSJ)
• Bernanke Giving Homebuyers Second Chance With Pledge (Bloomberg)
• Price Elasticity Can Work: Dropping Ebook Price To $1 Catapulted Year-Old Book Onto NYT Best Seller List (Techdirt)
• Packet Capture by NSA (Google+)
• How Americans Get TV News at Home (Journalism.org) but see Can’t Get Away From It All? The Problem Isn’t Technology — It’s You (Wired)
What are you reading?
Under Obama, spending has been flat
Category: Financial Press
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