Romer and Romer vs. Reinhart and Rogoff
Wall Street Journal – 2 hours ago
Perhaps this time could have been different.
HSBC Board Member Regrets Likening Protesters to Freed Slaves
Bloomberg – 2 hours ago
HSBC Board Member Regrets Likening Protesters to Freed Slaves
The Inside Story Of Matt Taibbi’s Departure From First Look Media
firstlook.org – 18 hours ago
Matt Taibbi, who joined First Look Media just seven months ago, left the company on Tuesday. His departure—which he describes as a refusal to accept a work reassignment, and the company describes as a resignation—was the culmination of mont...
@ToddSullivan: The Inside Story Of Matt Taibbi’s Departure From First Look Media [link]
@mccarthyryanj: Yes, but WHEN will First Look Media publish its off-the-record conversations with itself? [link]
@johngapper: RT @Sarahlellison: Everyone’s a media reporter now @the_intercept [link]
@NKingofDC: Yadda, yadda and yadda. The Inside Story Of Matt Taibbi’s Departure From First Look Media [link]
@PreetaTweets: RT @Sarahlellison: Everyone’s a media reporter now @the_intercept [link]
@nichcarlson: Pierre Omidyar’s media company/vanity project sounds like a total mess. [link]
@yvessmith: Taibbi exodus dirty laundry: Greenwald, Poitras, Schall & Cook describe meddling, corporate control [link]
@jimpoco: Fascinating, surprisingly tough take by the Intercept on Taibbi bolting First Look Media [link]
@eisingerj: RT @Sarahlellison: Everyone’s a media reporter now @the_intercept [link]
@ritholtz: The Inside Story Of Matt Taibbi’s Departure From First Look Media [link]
@raju: On Prima Donnas and Herding Cats @the_intercept: The Inside Story Of Matt Taibbi’s Departure From @firstlook Media [link]
Computer Malfunction Makes Deutsche Boerse Halt Trading
Bloomberg – 28 minutes ago
A computer malfunction forced Deutsche Boerse AG to suspend trading on its Xetra equities platform for 72 minutes, temporarily stopping investors from taking part in a global rally prompted by new stimulus from Japan’s central bank.
Nikkei hits seven-year high on BoJ boost
Financial Times – 6 hours ago
Friday 10:00 GMT. Tokyo stocks surged to a seven-year peak and the yen is slumping to its weakest in more than six years after the Bank of Japan surprised investors with a fresh big burst of stimulus. The central bank’s move has electrified...
Tony Robbins, The CEO Whisperer
Fortune – 17 hours ago
When no one was looking, Tony Robbins went from infomercial pitchman to C-suite coach. Now captains of industry and finance pay him seven-figures for his wisdom. Here’s what we can learn for free.
@LaurenLaCapra: Tony Robbins, The CEO Whisperer [link] via @alansmurray
@ReformedBroker: Tony Robbins has a massive investing book coming out with insights from Bogle, Dalio, Icahn. [link] via @FortuneMagazine
@JacobWolinsky: RT @ReformedBroker: Tony Robbins has a massive investing book coming out with insights from Bogle, Dalio, Icahn. [link] v…
Stocks charges toward new highs after Bank of Japan’s "QE"
Yahoo – 1 hour ago
For just the 16th time in 114 years the Dow is set to reverse from 6% down to back in the black in one month.
Tim Cook Speaks Up
Bloomberg Businessweek – 1 day ago
"I don’t consider myself an activist, but I realize how much I’ve benefited from the sacrifice of others"
@SonyKapoor: This piece where #Apple CEO #TimCook comes out of the closet is wonderfully eloquent [link]
@danprimack: WSJ got Tim Cook at their conference, but Businessweek got him to make headlines [link]
@peterlattman: Tim Cook: "I’m proud to be gay." @bw [link] (via @Tyrangiel)
@RolfeWinkler: Tim Cook: being gay has "given me the skin of a rhinoceros, which comes in handy when you’re the CEO of Apple." [link]
@finansakrobat: It’s cool to see @tim_cook take a clear stance. He’s proud to be gay. Why shouldn’t he be? [link]
@PreetaTweets: RT @bloehnen: "This is my brick.” A courageous act from Tim Cook: [link]
@IvanTheK: Nicely done, @tim_cook. [link]
@tomkeene: Apple CEO @tim_cook: "I’m proud to be gay" [link] [link]
@moorehn: Tim Cook of Apple: "I’m proud to be gay." [link]
@markgongloff: "We pave the sunlit path toward justice together, brick by brick. This is my brick." [link]
@raju: "I am proud to be gay" Apple CEO Tim Cook comes out as gay in op-ed for @BW [link] h/t @RamCNN #LGBT
@howardlindzon: Tim Cook is proud to be gay. cool with me. [link]
@davidmwessel: Tim Cook: "We pave the sunlit path toward justice together, brick by brick. This is my brick." [link]
@grossdm: Tim Cook Speaks Up [link] via @BW
@MattGoldstein26: RT @DRUDGE_REPORT: COLUMN: iGay... [link]
Business Insider: Apple CEO Tim Cook Just Came Out As Gay (AAPL)
@ErikSchatzker: Apple’s Tim Cook comes out in @BW [link]
@BuzzFeedBen: RT @JesseDrucker: Breaking news: Tim Cook: "I’m proud to be gay." [link]
@lucymarcus: Tim Cook: "I’m Proud to be Gay" "We pave the sunlit path toward justice together, brick by brick. This is my brick." [link]
@JustinWolfers: It’s a splendid sign of progress when Tim Cook coming out barely registers as news. [link]
@AnjuliDavies: Tim Cook Speaks Up [link] via @BW
@Techmeme: Tim Cook: "I’m Proud to be Gay" (@tim_cook / Businessweek) [link] [link]
@joshchin: +1 RT @scendrowski: Nice essay @tim_cook. Even cooler that you wrote it for everyone to read. [link]
@davewiner: Tim Cook: "I’m Proud to be Gay" [link]
@kairyssdal: RT @Tyrangiel: Tim Cook: "I’m proud to be gay." Read his important and courageous essay @bw [link]
@crampell: Tim Cook: "I’m proud to be gay, and I consider being gay among the greatest gifts God has given me." [link]
@BarbarianCap: Tim Cook Speaks Up [link] via @BW > very nice letter
@TimHarford: Finally read Tim Cook’s coming-out editorial. It is worth your time: [link]
@lizzieohreally: RT @MikeIsaac: Tim Cook -- "I’m proud to be gay." [link]
@jimpoco: RT @learmonth: Tim Cook: I’m proud to be gay, and I consider being gay among the greatest gifts God has given me. [link] vi…
@eisingerj: RT @Tyrangiel: Tim Cook: "I’m proud to be gay." Read his important and courageous essay @bw [link]
@newsycombinator: Tim Cook Speaks Up [link]
Citigroup Traveled Back in Time to Lose More Money
Bloomberg View – 14 hours ago
Sometime between October 14 and October 30, Citi found a way to lose $600 million before September 30, because of fines that it will pay in November or December.
@TimOBrien: Citigroup traveled back in time to lose more money $$ $c [link]
@LaurenLaCapra: Citigroup Traveled Back in Time to Lose More Money [link]
@Ian_Fraser: Citigroup’s earnings adjustment shows banks’ financial results not to be trusted [link]
@IvanTheK: Billy Pilgrim Must be a Controller at CitigroupCitigroup Traveled Back in Time to Lose More Money [link]
@M_C_Klein: (by @matt_levine obviously [link])
People in Emerging Markets Catch Up to Advanced Economies in Life Satisfaction
pewglobal.org – 18 hours ago
People in emerging economies are considerably more satisfied with their lives today than they were in 2007.
Business Insider: Here’s How 43 Advanced, Emerging, and Developing Countries Rated Their Happiness
@GTCost: RT @pewresearch: National income closely linked to personal life satisfaction at the country level [link] [link]…
@Noahpinion: RT @conradhackett: Highly satisfied with lifeMexico 79%Venezuela 74US 65China 59India 44Turkey 39Egypt 11[link] ht…
Why the U.S. Has Fallen Behind in Internet Speed and Affordability
New York Times – 22 hours ago
The lack of competition in the U.S. broadband industry could have long-term economic consequences for American competitiveness.
@ritholtz: WHAT COMPETITION? Why the U.S. Has Fallen Behind in Internet Speed and Affordability [link] via @UpshotNYT
@MParekh: Big Deal: "Why the U.S. Has Fallen Behind in Internet Speed & Affordability" [link] #FCC #Politics #Broadband #Oligopolies
@TimOBrien: "America’s slow and expensive Internet...could have long-term economic consequences" - @clairecm [link]
cc.com – 16 hours ago
"Liar’s Poker" author Michael Lewis explains why Stephen would be perfect for a job on Wall Street.
Fortress Would Consider Going Private, Says CEO Nardone
Bloomberg – 18 hours ago
Fortress Investment Group LLC, which in 2007 became the first publicly traded private-equity and hedge-fund manager in the U.S. and has since declined 61 percent, would consider going private, its chief executive officer said.
Investigation Causes Citigroup to Cut Profit
New York Times – 14 hours ago
Citigroup says it has to cut its third-quarter earnings because of a $600 million increase in legal expenses. The bank said the increase was the result of “rapidly evolving regulatory inquiries and investigations.”
Money and happiness
The Economist – 22 hours ago
The link between happiness and income is fraying A SURVEY of 43 countries published on October 30th by the Pew Research Centre of Washington, DC, shows that people...
Bank of Japan Unexpectedly Eases Policy
Wall Street Journal – 8 hours ago
The Bank of Japan on Friday unexpectedly announced additional stimulus measures, bolstering its asset purchases for the first time in over a year and a half, as its 2% inflation target looks increasingly untenable.
BoJ stuns investors by expanding monetary easing programme
Financial Times – 7 hours ago
The Bank of Japan stunned investors on Friday by expanding its ultra-aggressive monetary easing programme, saying that a combination of weak demand and a lower oil price meant that more action was needed to banish “a deflationary mindset”. ...
FCC reportedly close to reclassifying ISPs as common carriers
Ars Technica – 8 hours ago
"Hybrid" approach wouldn’t prevent all Internet fast lane deals.
Japan’s central bank shocks markets with more easing as inflation slows
Reuters – 8 hours ago
The Bank of Japan shocked global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected
Mohamed El-Erian: ’QE trade is evolving’
CNBC – 19 hours ago
The Fed’s monetary policy move signals a shift in strategy for investors, Allianz Chief Economic Adviser Mohamed El-Erian says.
Money Manager Holding Credit Suisse’s Funds Hostage Elevates The Whole “I’m 5 Minutes Away!” Text When You Haven’t Yet Left Your Apartment To A New Level
Dealbreaker – 18 hours ago
Over at Dealbook today, you will find the story of Joseph B. Galbraith, whose Galbraith Capital Investment Management was mistakenly wired $1.5 million from Credit Suisse back in January. Currently...