Linkfest: JPMorgan’s China, Twitter woes; Yellen’s confirmation; ‘Messaging’ startup turns down $3b

Categories: Linkfest

Today’s most shared: JPMorgan’s efforts to woo China leaders, Twittersphere go awry… Yellen confirmation hearings… Snapchat secure messaging (a/k/a sexting) startup flirts with Facebook, spurns $3b cash buyout… Lindzon on social investing… Meredith Whitney’s hedge fund promises high returns, gains backers… Sinn blasts ECB… MINTs are the new BRICs.

JPMorgan’s Fruitful Ties to a Member of China’s Elite
New York Times
JPMorgan Chase’s contract with the daughter of China’s former prime minister points to its strategy for building influence in China.
shared by @mark_dow, @prchovanec, @kmac, Naked Capitalism, @EmanuelDerman
 
JPMorgan Twitter Hashtag Trends Against Bank
Bloomberg
JPMorgan Chase & Co., the target of at least eight Justice Department investigations, was mocked and taunted by Twitter users after asking followers to send questions to an executive using the hashtag #AskJPM.
shared by Here Is The City, @TimOBrien, Reformed Broker
 
Snapchat Spurned $3 Billion Acquisition Offer from Facebook
Wall Street Journal
Snapchat, a rapidly growing messaging service, recently spurned an all-cash acquisition offer from Facebook for $3 billion or more, according to people briefed on the matter.
shared by @TheStalwart, @kevinroose, @carney, Huffington Post
 
Researching stocks through social networking
foxbusiness.com
StockTwits CEO Howard Lindzon on how social networking websites help investors research and share information on stocks.
shared by @howardlindzon, @ToddSullivan, @bclund, @StockTwits
 
QE and ultra-low interest rates: Distributional effects and risks
mckinsey.com
Ultra-low interest rates, in part as a result of central-bank policies since 2007, have had a very different distributional impact on governments, corporations, financial institutions, and households.
shared by @BCAppelbaum, @peter_tl, NYT Economix, Free Exchange
 
Whitney Hedge Fund Wins Backing From Bluecrest Principals
Bloomberg
Meredith Whitney, the Wall Street analyst who forecast a flood of U.S. municipal-bond defaults in 2010 that hasn’t materialized, won backing from billionaire Michael Platt and other partners at BlueCrest Capital Management LLP for her new hedge fund.
shared by @JacobWolinsky, @hedge_funds, @BarbarianCap, @cate_long, @StockJockey
 
How McDonald’s and Wal-Mart Became Welfare Queens
Bloomberg
According to one study, American fast food workers receive more than $7 billion dollars in public assistance.
shared by @ritholtz, @Convertbond, @DougKass, @ReformedBroker, @nasiripour
 
Sinn: Why Draghi was wrong to cut interest rates
Financial Times
Europe fears the Japanese disease. In Japan, the gross domestic product deflator – a broad measure of the price level – fell by about 1.2 per cent a year from 1999 to 2013. Today it is as low as it was in 1980.
shared by @LemaSabachthani, @SonyKapoor, @LorcanRK, @peter_tl, @gusbaratta
 
At Bloomberg, Special Code Keeps Some Articles Out of China
New York Times
Editors at Bloomberg News use a code to keep articles on Chinese politics and social issues away from the eyes of powerful people in China who might be offended, Bloomberg employees say.
shared by @maoxian, @JEliasof, @niubi, @panphil, @vshih2
 
O’Neill: Who You Calling a BRIC?
Bloomberg
The BRIC countries — Brazil, Russia, India and China — are already closely watched. The group I’m studying for this project — let’s call them the MINT economies — deserve no less attention.
shared by Business Insider, @ObsoleteDogma, @cafreeland, Abnormal Returns
 

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