My afternoon train reading:
• A Pivotal Financial Crisis Case, Ending With a Whimper (DealBook)
• What Michael Lewis Gets Wrong About High-Frequency Trading (Businessweek) and also 60 Minutes Sanitizes Its Report on High Frequency Trading (Wall Street On Parade)
• Gross Worst as Volatility Spikes in Fund: Riskless Return (Bloomberg)
• Silicon Valley Thinks You’re a Fool (Daily Beast) see also Google founders look to cement control with novel share split (FT)
• The Capex Comeback – Still Just Talk (Reformed Broker)
• Inequality is caused by ideology, not technology (John Quiggin)
• Here’s How Someone Else’s Debt Could Ruin Your Credit Rating (New Republic)
• How To Actually Save The Port Authority (Esquire) see also ‘Exhaustive’ Christie Report Omitted Port Authority (WNYC)
• Here’s What It’s Like To Live With The $316,000 Ferrari F12 Berlinetta (Business Insider)
• U.N. Climate Panel: “We’re Fucked. Hello? Is Anyone Listening? We. Are. Fucked.” (Rude Pundit)
What are you reading?
For Borrowers, Bonds Are Beautiful
Category: Financial Press
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