10 Tuesday AM Reads

Good Nobel morning to you. No worries if you did not get a phone call from Stockholm, we still have a prize awaiting you: your morning train reading! :

• S&P 500 Companies Spend 95% of Profits on Buybacks, Payouts (Bloomberg)
• The Real Lesson of Lehman (NY Books) see also A.I.G. Bailout, Revisionists’ Version (Dealbook)
• Solar and Wind Plunging Below Fossil Fuel Prices (Ramez Naam)
•  AQR’s Asness: Prices Are Too High—But It’s Not All Bad (CIO)

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