Some fascinating stuff to end your workweek:
• Bank Investors Dismiss Moody’s Cuts As Years Too Late (Bloomberg) see also Here We Go: Moody’s Downgrade Is Out – Morgan Stanley Cut Only 2 Notches, To Face $6.8 Billion In Collateral Calls (ZeroHedge)
• Commodities Enter Bear Market (Bloomberg)
• EU Area three-fer:
…..-14 reasons to worry about Italy (CNN Fortune)
…..-Koo on German bubbles (FT Alphaville)
…..-What’s So Special About the Euro Currency Area? (Bloomberg)
• Housing May Not Be as Cheap as It Looks (Motley Fool)
• Decision time for China (Times Literary Supplement) see also Why U.S. Must Get Over Renminbi (The Diplomat)
• A Closer Look at Bernanke’s Incremental Approach (WSJ)
• As Facebook Seeks Answers, S.E.C. Investigates Exchanges (DealBook) see also To Settle Lawsuit, Facebook Alters Policy for Its Like Button (NYT)
• Losing Faith in American Institutions (Economix)
• Alan Turing: why the tech world’s hero should be a household name (BBC News) see also The highly productive habits of Alan Turing (ARS Technica)
• Inside Minority Report‘s ‘Idea Summit,’ Visionaries Saw the Future — Fascinating! (Wired)
What are you reading?
EU Banks’ Risk in Eyes of Beholder
Source: WSJ
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