10 Thursday AM Reads

My morning reads:

• Passive or Active? No Contest, He Says. (WSJ)
Can’t buy me love: Why Bankers Are a Miserable Lot (The Epicurean Dealmaker)
• Exceptional upward mobility in the U.S. is a myth, international studies show (Institute For Social Research) see also Are You Better Off? Here Are the Numbers (The Fiscal Times)
Introducing Megabank: The regulators’ worst nightmare (Financial News)
• Dot-Com Bubble’s Equity Swaps Are Back (WSJ)
• KPMG failed as Auditor for evaluating adequacy of mortgage repurchase reserve (PDF)
• In Stadium Building Spree, U.S. Taxpayers Lose $4 Billion (Bloomberg)
• Bits of Mystery DNA, Far From ‘Junk,’ Play Crucial Role (NYT)
• Muzak makes Supermarket Shoppers Slow Down, Spend More Time, and 20% More Money (Hariot Watt)
Romney vs. Obama: For the Markets/Economy, It Really Doesn’t Matter Who Wins, Ritholtz Says (Yahoo Finance) see also At The 2012 Conventions, 15,000 Journalists Search For A Story (Huff Post)

What are you reading?


Summer Rally Puts the Hurt on Defensive Hedge- and Mutual-Fund Managers

Source: WSJ

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