10 Friday AM Reads

My morning reads (continues here):

• The only reason investing works is because things can go wrong (TRB)
• What exactly is conglomerate Espírito Santo International (MoneyBeat) see also Temper tantrum, tempest, or teapot? (FT Alphaville)
• QEInfinity Not (Tim Duy’s Fed Watch)
• Mini Madoffs abound (NYT)

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