My morning reads:
• Family Offices Chasing Wealthy’s $46 Trillion in Assets (Bloomberg)
• This fund tracks 36 bubbles—and 33 have completely popped (Quartz)
• Turning water into gold (BBC)
• Big banks warming to small businesses (Washington Post)
• Credit-Crisis Oracle Rajan to Head India’s Central Bank: Rajan’s prescient 2005 warning of financial crisis was described as “Luddite” by former Treasury Secretary Larry Summers (Bloomberg)
• Dethroning King Coal (Project-Syndicate) see also Is Anything Stopping a Truly Massive Build-Out of Desert Solar Power? (Scientific American)
• Gasparino: A record of failure The Keystone Kop of Wall St. Is Wall St getting nervous about Spitzer’s prospects? (NY Post)
• While We’re Trying To Follow His Game Of Checkers, Jeff Bezos Is Playing Chess (Tech Crunch) see also Bezos Paid a ‘Friendship Premium’ for the Washington Post (Bloomberg)
• The rich really are different: Their bodies contain unique chemical pollutants (Quartz)
• Your Dog Will Not Like DogTV (Slate)
What are you reading?
Home-ownership rates are at their lowest since 1995
Source: Economist
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