10 Friday AM Reads

Happy Friday:

• Schwab: High-Frequency Trading is a Cancer (Charles Schwab) see also BATS Admits CEO Lied About HFT on CNBC (Zero Hedge)
• Earnings Needed (FT Alphaville)
• How the Supreme Court Could Stop the 401(k) Rip-Off (Yahoo)
Idle Cash Piles Up: U.S. nonfinancial companies hold at least three times more cash than the Federal Reserve reports (Reuters)

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