Hall Of Lame
JP Morgan lays a $2B egg, the hypocrisy here isn’t measurable with existing technology.
http://www.bloomberg.com/news/2012-05-11/jpmorgan-loses-2-billion-as-mistakes-trounce-hedges.html
Witch Hunt
Fired whistleblower suggests FINRA biased towards larger firms.
http://www.nypost.com/p/news/business/finra_whistleblower_reward_he_gets_15abkYXyq39PHcOTCFYOxN
Risk Reward
Is a college education still a good investment? The numbers may surprise you.
http://www.smartmoney.com/borrow/student-loans/college-best-investment-or-big-risk-1336353039981/
Making Sausage
Yahoo vs. Third Point turns into a knife fight, proceed at your own risk.
http://money.cnn.com/2012/05/03/technology/yahoo-thompson-education/index.htm?iid=Popular
Signs Of The Apocalypse
$107 million paid for “The Scream” at Sotheby’s, that’s not a misprint.
Half Empty
Marc Faber suggests it’s only a matter of time before it’s all over.
Seek And Destroy
PBS Frontline series on the global financial crisis, very disturbing.
http://www.pbs.org/wgbh/pages/frontline/money-power-wall-street/
The Clusterstock 50
Some Muppet free reading for May 1, enjoy.
Hall Of Shame
This 2008 Morgan Stanley research report recommends overweighting Lehman Brothers. Enjoy.
http://www.jenner.com/lehman/docs/frbny/FRBNY%20to%20Exam.%20027135-027158.pdf
My Kind Of Town
11 years on, New York City reclaims the sky. God Bless America.