My afternoon train reading:
• Libor Flaws Allowed Banks to Rig Rates Without Conspiracy (Bloomberg)
• Fleckenstein: When bankers get nervous, watch out (MSN Money)
• Glass and Steagall rise from the dead — should they be welcomed? (Euroweek)
• Housing two-fer:
…..-Buying into a housing comeback (Fortune)
…..-‘Lost Generation’ of Homeowners May Just Be on Hold (Businessweek)
• Whistleblower: ‘The culture ultimately comes from the top’ (Rowans Blog)
• Treasuries Doomsday Is Four Years Away for Vanguard (Bloomberg)
• The weight of empty consumerism: Boxed in, wanting out (Boston.com)
• A Microfinance Heretic Confesses (Center Of Global Development)
• Stanford: Get Rich U. (New Yorker)
• Steve Ballmer – “It’s not been a lost decade for me!” (Trend Rida)
What are you reading?
Europe’s Bank Shifts View on Bond Losses
Source: WSJ
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