10 Thursday AM Reads

Some morning reading goodness for you:

• A long, steep drop for Americans’ standard of living (CS Monitor)
• Foreigners’ Sweetener: Buy House, Get a Visa (WSJ)
• Wall Street Has Worst Quarter Since Crisis (Bloomberg) but see Morgan Stanley’s $2.15 Billion Profit Exceeds Expectations (DealBook)
• SOLD TO YOU: Groupon May Value Itself in I.P.O. at Close to $12 Billion (DealBook) If I could short this pig at $12B valuation, I would.
• Have Regulations Hurt Bank Profits? (NYT) see also Which Bank Is the Worst for America? 5 Behemoths That Hold Our Political System Hostage (AlterNet)
• A Call to Pull Reins on Rapid-Fire Trade (WSJ)
• California reportedly subpoenas BofA over toxic securities (LA Times) see also BofA, JPMorgan Say Refund Demands Mount for Post-Bubble Loans (Bloomberg)
• France and Germany Split on Crisis Solution (Bloomberg)
• Occupy Wall Street Demographic Survey Results Will Surprise You (TPM) see also Demographics Of OWS (Fast Company)
• Fox Memo to Fox Business staff – don’t copy Fox News (Reuters)

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This is likely to be my last Steve Jobs mention for the foreseeable future::

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