MidWeek Morning Reads

Quite a fascinating collection of reads  this morning:

• More Than 80 Percent of Hedge Funds Underwater (Institutional Investor)
• Banks May Be Target of Their Own Tactic: Advocating a Breakup (DealBook)
• An FT 2-fer:
…..-Fears euro summit could miss final deal (FT.com)
…..-Bankers fear political moves will kill off CDS (FT.com)
• Crisis of 2012 May Be Harder on China Than U.S. (Bloomberg)
• World power swings back to America (Telegraph) see also Europe Struggles for Crisis Cure Ahead of Summit (Bloomberg)
• Top Earners Doubled Share of Nation’s Income, Study Finds (NYT) see also As the Data Show, There’s a Reason the Wall Street Protesters Chose New York (NYT)
Neil McCarthy: Is Countrywide Still Bankruptcy Remote? (Institutional Risk Analytics)
• A Bruce Bartlet two-fer:
…..-The Tax Reform Act of 1986: Should We Do It Again? (Economix)
…..-The Republican Idea of Tax Reform (Economix)
• The Machine Is Sputtering (National Review)
• NY Fed’s $40 Billion Iraqi Money Trail (CNBC) see also Iraq war will cost more than World War II (CS Monitor)

What are you reading?

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Source: NYT

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