My afternoon train reading:
• The Scam Wall Street Learned From the Mafia (Rolling Stone)
• The Fed In 3 Phrases: Decoding Bernanke & Co (NPR) see also Limits of the unconventional (Economist)
• That is adorable! Multi-trillion plan to save the eurozone being prepared (Telegraph)
• Housing, Like Generalissimo Francisco Franco, Is Still Dead (WSJ)
• Bernanke Paves the Way for QE3 on August 1st (Calculated Risk) see also QE and sudden starts (Macro Matters)
• Washington Should Lock In Low Rates (WSJ)
• Why Nations Fail two-fer
….-From Gisenyi to Goma to Genocide (Why Nations Fail)
….-The Koch Brothers, The Cato Institute, And Why Nations Fail (Baseline Scenario)
• Dear Mr. Dimon, Is Your Bank Getting Corporate Welfare? (Bloomberg)
• The cult of TED (BBC News)
• 21 Pictures That Will Restore Your Faith In Humanity (BuzzFeed)
What are you reading?
A Bump at Speed Trading Hearing
Source: WSJ
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