10 Mid-Week AM Reads

Here are my morning reads for your edification:

• Bernanke fires off a letter to Congress about Bloomberg article (Fed); Bloomberg News Responds point by point to Bernanke (Bloomberg)
Glaeser: Why More Retail Jobs Won’t Fix U.S. Unemployment (Bloomberg)
• Daily Shopmas Spend-o-Meter (Holiday Retail Sales)
• Investor sees huge cost to settle mortgage mess (Reuters) see also After Banks’ Mistakes, Homeowners Pick Up Pieces (NPR)
• German official pessimistic over crisis summit  (AP)
• Super Rich vs. 99%: Class war will explode (Market Watch) see also Titans of the Financial Crisis: Where Are They Now? (Minyanville)
Ha-ha: OpenTable’s Collapsing Shares Signal Anxiety Over New Competitors: Retail (Bloomberg) (I don’t care for Open Table)
• NYT Columnist two-fer:
…..-Thomas Friedman Errata (Guernica Mag)
…..-Is David Brooks a “Wonky Liberal” ? (NYT)
• Gingrich fighting massive debt racked up in campaign’s extravagant early days (Washington Post)
• Potentially Earth-Like Planet Has Right Temperature for Life (Wired)

WTF are you reading?

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S&P 500 Volatility: August – December

Source: Bespoke Investment Group

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