10 Tuesday PM Reads

My afternoon train reads:

• Shrinking Bond Desks Populated by Journeymen as Masters Fade (Bloomberg)
• Financial Elite’s Offspring Start Their Own Hedge Funds (WSJ) but see 90% Of Hedge Fund Managers Are Overpaid Relative To “True Talent” (Zero Hedge)
• Time for a contrarian view: Eurozone’s economy is turning the corner (Sober Look)
• Driving Muni Bond Rally: Communities Reluctant to Borrow (WSJ)
• Five Takeaways: Mortgage Lending Hit Six-Year High in 2013, But …  (Real Time Economics)
• The Overpaid CEO: There have been many attempts to curb exorbitant executive pay.  But we won’t fix the problem until we address the nature of the corporation. (Democracy)
• New study shows that the savings from ‘tort reform’ are mythical (LA Times)
• Alibaba Could Buy Yahoo for Free (Bloomberg View)
• Entrepreneurs anonymous: Instead of romanticizing entrepreneurs people should understand how hard their lives can be (The Economist)
• Can Graffiti Be Copyrighted? Some of the most public artists want to keep their work a bit more private. (The Atlantic)

What are you reading?



US corp debt to equity ratio

Source: Deutsche Bank




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