Linkfest: BlackRock – due diligence or insider ‘edge’? Diluting bank leverage rules; Lampert blogs
Categories: Linkfest
Today’s most shared: BlackRock – just doing their homework, or leveraging scale to tilt the playing field? … Bank leverage rules poised for dilution… The value of sell-side research… $50b mortgage bill for banks… Silicon Valley, from insurgent to incumbent… Lampert blogs about Sears as a tech play (wasn’t it a real estate play?)… Getting expelled from Harvard Law for Photoshopping his transcript proved no bar for Matthew Martoma to become a player at SAC.
Blameless Blackrock
Reuters
Efficient markets require investors who put work into gathering information, analyzing it, and acting on it. That’s exactly what SAE was doing.
shared by @mark_dow, @TheStalwart, @GTCost, @KidDynamiteBlog
Reuters
Efficient markets require investors who put work into gathering information, analyzing it, and acting on it. That’s exactly what SAE was doing.
shared by @mark_dow, @TheStalwart, @GTCost, @KidDynamiteBlog
A Lot of People Wanted to Help BlackRock Invest
Bloomberg
If you have a lot of money, people will want to talk to you, or your computers. Sometimes this is a problem.
shared by @LaurenLaCapra, Felix Salmon, @TimOBrien
Bloomberg
If you have a lot of money, people will want to talk to you, or your computers. Sometimes this is a problem.
shared by @LaurenLaCapra, Felix Salmon, @TimOBrien
Debt Rule Faces Dilution as Regulators Heed Bank Warnings
Bloomberg
Lenders are poised to win concessions from central bank chiefs and global regulators over a debt limit they criticized as a blunt instrument that would penalize low-risk activities and curtail lending.
shared by @davidenrich, @petereavis, @eisingerj, @nasiripour
Bloomberg
Lenders are poised to win concessions from central bank chiefs and global regulators over a debt limit they criticized as a blunt instrument that would penalize low-risk activities and curtail lending.
shared by @davidenrich, @petereavis, @eisingerj, @nasiripour
Sell-Side Analysis Most Useful When Most Wrong
Bloomberg
Equity analysts work harder when economies and financial markets are slumping. They also have more influence over stocks — even though their earnings forecasts are less accurate.
shared by @bespokeinvest, @EddyElfenbein, @TheIntuitInvest
Bloomberg
Equity analysts work harder when economies and financial markets are slumping. They also have more influence over stocks — even though their earnings forecasts are less accurate.
shared by @bespokeinvest, @EddyElfenbein, @TheIntuitInvest
Wall Street Predicts $50 Billion Bill to Settle U.S. Mortgage Suits
New York Times
Using an analysis based on a settlement paid in the residential mortgage crisis by JPMorgan Chase, the banking industry calculated what the rest of the banks might pay.
shared by @MichaelKitces, @ErikSchatzker, @MattGoldstein26
New York Times
Using an analysis based on a settlement paid in the residential mortgage crisis by JPMorgan Chase, the banking industry calculated what the rest of the banks might pay.
shared by @MichaelKitces, @ErikSchatzker, @MattGoldstein26
How Silicon Valley Became The Man
HBR
An interview with Stanford’s Fred Turner.
shared by @counterparties, @MarkThoma, @davewiner, @CardiffGarcia, @EpicureanDeal
HBR
An interview with Stanford’s Fred Turner.
shared by @counterparties, @MarkThoma, @davewiner, @CardiffGarcia, @EpicureanDeal
Lampert: What Our Reported Financial Results Don’t Clearly Show
searsholdings.com
What Our Reported Financial Results Don’t Clearly Show
shared by @firstadopter, @howardlindzon, @LaurenYoung, @BarbarianCap
searsholdings.com
What Our Reported Financial Results Don’t Clearly Show
shared by @firstadopter, @howardlindzon, @LaurenYoung, @BarbarianCap
Barroso triumphant as jobless Europe wastes five (precious) years of global recovery
The Telegraph
José Manuel Barroso has declared victory again. The European Commission chief tells us that the eurozone crisis is over. The scorched-earth contraction policies have succeeded.
shared by @edwardnh, @EconBrothers, reddit/Economics, @mhewson_CMC
The Telegraph
José Manuel Barroso has declared victory again. The European Commission chief tells us that the eurozone crisis is over. The scorched-earth contraction policies have succeeded.
shared by @edwardnh, @EconBrothers, reddit/Economics, @mhewson_CMC
The most damning critique of DSGE
noahpinionblog.blogspot.co.uk
shared by @TimHarford, @Noahpinion, reddit/Economics, Marginal Revolution
noahpinionblog.blogspot.co.uk
shared by @TimHarford, @Noahpinion, reddit/Economics, Marginal Revolution
Ex-SAC Trader Was Expelled From Harvard Law School
New York Times
Mathew Martoma, the former SAC Capital Advisors trader charged with carrying out one of the largest insider trading schemes ever, was expelled from Harvard Law School more than a decade ago for creating a false transcript of his grades, court papers show.
shared by @MattGoldstein26, @ritholtz, @PreetaTweets, @IvanTheK
New York Times
Mathew Martoma, the former SAC Capital Advisors trader charged with carrying out one of the largest insider trading schemes ever, was expelled from Harvard Law School more than a decade ago for creating a false transcript of his grades, court papers show.
shared by @MattGoldstein26, @ritholtz, @PreetaTweets, @IvanTheK
Crisis Chronicles: The Mississippi Bubble of 1720 and the European Debt Crisis
New York Fed
Convicted murderer and millionaire gambler John Law spotted an opportunity to leverage paper money and credit to finance trade.
shared by @FGoria, @cate_long, @IvanTheK, @Kiffmeister
New York Fed
Convicted murderer and millionaire gambler John Law spotted an opportunity to leverage paper money and credit to finance trade.
shared by @FGoria, @cate_long, @IvanTheK, @Kiffmeister
Can TIME Predict Your Politics?
Time
See how your preferences in dogs, Internet browsers, and 10 other items predict your partisan leanings.
shared by @EddyElfenbein, @JacobWolinsky, @cullenroche, @Noahpinion, @mark_dow
Time
See how your preferences in dogs, Internet browsers, and 10 other items predict your partisan leanings.
shared by @EddyElfenbein, @JacobWolinsky, @cullenroche, @Noahpinion, @mark_dow
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