My morning reads:
• How Boehner’s Plan B for the ‘fiscal cliff’ began and fell apart (The Washington Post)
• ICE Deal for N.Y.S.E. Creates Global Powerhouse (NYT) see also NYSE, ICE Deal About Everything but Stocks (The Street)
• Gen Y investors in the driver seat of ETF growth (Investment News)
• Hedge funds: Rich managers, poor clients (The Economist)
• For banks, nothing is illegal (The Physics of Finance)
• The Fed’s Century of Power Started With a Fateful Meeting (Echoes)
• Corporate Short-Termism in the Fiscal Cliff’s Shadow (Project Syndicate)
• Instagram Does an About-Face (Bits)
• Doctors Move to Webcams (WSJ)
• Daily Gun Slaughter in U.S. Obscured by Newtown Rampage (Bloomberg)
What are you reading?
Fed’s $4 Trillion Rescue Helps Hedge Fund as Savers Hurt
Source: Bloomberg
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