Linkfest: SAC settlement; Fed pivot to dovish stance? Financial mistakes women make; The ‘Bartiromo Effect’

Categories: Linkfest

Today’s most shared: Did Steve Cohen buy off the Feds? … Financial mistakes women make… Fed economists suggest new Evans rule target of 6% unemployment… New bank rules may pressure Italian deficit sustainability… Bill Gross loses largest fund title to Vanguard index fund… US median wage falls… The Maria Bartiromo Effect: Buying on CNBC CEO interviews, especially by attractive anchorwomen, seen money-losing … Mackenzie Bezos calls out errors in Amazon history.

The New Yorker - Has Steven A. Cohen Bought Off the U.S. Government?

Has Steven A. Cohen Bought Off the U.S. Government?
New Yorker
The hedge-fund titan has ended up paying out a lot more than six hundred million dollars to make the feds go away—and for now, at least, he won’t face jail time.
shared by @HamzeiAnalytics, @MattGoldstein26, @mattbish, @BarbarianCap
 
SAC Capital Agrees to Plead Guilty to Insider Trading
New York Times
The hedge fund owned by Steven A. Cohen has agreed to pay a record $1.2 billion penalty, becoming the first large Wall Street firm in a generation to confess to criminal conduct.
shared by @firstadopter, @EmanuelDerman, @retheauditors, @Dvolatility, @MattGoldstein26
 
The Top 10 Financial Mistakes Women Make
linkedin.com
We all make mistakes. I’ve made more than my share. Here are the top 10 financial mistakes professional women make.
shared by @AmyResnick, @JacobWolinsky, @lizzieohreally, @SallieKrawcheck
 
Italian banks near saturation point on government debt
Reuters
ECB tests, end of cheap loans may curb bank bond buying. Treasury must attract private Italian, foreign investors. ECB says euro zone’s future will be decided in Rome.
shared by @GavanNolan, @GTCost, @SonyKapoor, @economistmeg
 
Italy’s Mr. Euro urges Latin Front, warns Germany won’t sell another Mercedes in Europe
The Telegraph
The plot is thickening fast in Italy. Romano Prodi – Mr Euro himself – is calling for a Latin Front to rise up against Germany and force through a reflation policy before the whole experiment of monetary union spins out of control. "France,…
shared by @fiatcurrency, @ObsoleteDogma, Naked Capitalism, @EconBrothers, @mhewson_CMC
 
Gross Loses World’s Largest Mutual Fund Title to Vanguard
Bloomberg
Bill Gross no longer runs the world’s largest mutual fund.
shared by @pkedrosky, @ritholtz, @JohnLothian, @nasiripour
 
US median wage falls to lowest level since 1998
aljazeera.com
Commentary: While incomes and jobs stagnate, top earners and corporate profits continue to gain
shared by @MarkThoma, @counterparties, @Noahpinion, Reformed Broker
 
Analysis: Rewards shift to stock pickers in U.S. market rally
Reuters
NEW YORK (Reuters) – It’s a good time to be a stock picker.Some 57 percent of U.S. funds run by active managers are beating their benchmark indexes this year, according to fund-tracker Morningstar. That
shared by @jasonzweigwsj, @ReformedBroker, Crossing Wall Street, @wonkmonk_
 
Going cheep?
The Economist
TWITTER is already a social-media star. Now it hopes to become the toast of the stockmarket too. The firm has gradually been unveiling more information about its…
shared by @counterparties, @ThemisSal, @mccarthyryanj
 
High-flying banker wins millions after sexual harassment
Mail Online
Cambridge graduate Svetlana Lokhova worked in the London office of Russian firm Sberbank and said she had been subjected to victimisation before being unfairly dismissed.
shared by @volatilitysmile, @NicTrades
 

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