Linkfest: Wall St. vs. Main St. pay; Movie Wall St. vs. boring reality; The Downton Abbey economy and the deserving 1%
Categories: Linkfest
Today’s most shared:
- Big paydays on Wall Street often come under laserlike scrutiny, while Silicon Valley gets a pass on compensation excesses like $100m for Google’s Eric Schmidt.
- The deserving 1%.
- Wall Street’s secret frat party.
- Most Wall Street professionals work crushingly long, tedious hours.
- Computers replace human traders.
- How fees kill your retirement.
- The Downton Abbey economy.
Outrage Over Wall St. Pay, but Shrugs for Silicon Valley?
New York Times
Opposition to outsize pay packages should not be reserved just for executives on Wall Street, Steven M. Davidoff writes.
shared by @mccarthyryanj, @ObsoleteDogma, @ReformedBroker, @EpicureanDeal
New York Times
Opposition to outsize pay packages should not be reserved just for executives on Wall Street, Steven M. Davidoff writes.
shared by @mccarthyryanj, @ObsoleteDogma, @ReformedBroker, @EpicureanDeal
1% Jokes and Plutocrats In Drag: What I Saw When I Crashed a Wall Street Secret Society
New York
Inside the exclusive annual dinner of Kappa Beta Phi.
shared by @izakaminska, @LaurenLaCapra, @mattbish, @ObsoleteDogma
New York
Inside the exclusive annual dinner of Kappa Beta Phi.
shared by @izakaminska, @LaurenLaCapra, @mattbish, @ObsoleteDogma
FX Traders Facing Extinction as Computers Replace Humans
Bloomberg
A widening probe of the foreign- exchange market is roiling an industry already under pressure to reduce costs as computer platforms displace human traders.
shared by @LaurenLaCapra, @HamzeiAnalytics, reddit/Economics
Bloomberg
A widening probe of the foreign- exchange market is roiling an industry already under pressure to reduce costs as computer platforms displace human traders.
shared by @LaurenLaCapra, @HamzeiAnalytics, reddit/Economics
The Crushingly Expensive Mistake Killing Your Retirement
The Atlantic
401(k) fees are costing you hundreds of thousands of dollars over your lifetime.
shared by @LaurenYoung, @Noahpinion, Crossing Wall Street, @aarontask
The Atlantic
401(k) fees are costing you hundreds of thousands of dollars over your lifetime.
shared by @LaurenYoung, @Noahpinion, Crossing Wall Street, @aarontask
A theory of troubles
The Economist
WONKISH, as they say.Economic puzzles have been in no short supply in recent decades. New ones keep appearing without waiting for old ones to be solved.
shared by @TheStalwart, @ModeledBehavior, Marginal Revolution, @M_C_Klein
The Economist
WONKISH, as they say.Economic puzzles have been in no short supply in recent decades. New ones keep appearing without waiting for old ones to be solved.
shared by @TheStalwart, @ModeledBehavior, Marginal Revolution, @M_C_Klein
Soros doubles a bearish bet on the S&P 500, to the tune of $1.3 billion
MarketWatch
Among last week’s 13F filings was the news that George Soros’s hedge-fund firm has doubled a bearish bet on the S&P 500.
shared by @MichaelKitces, @prchovanec, @HamzeiAnalytics, Business Insider
MarketWatch
Among last week’s 13F filings was the news that George Soros’s hedge-fund firm has doubled a bearish bet on the S&P 500.
shared by @MichaelKitces, @prchovanec, @HamzeiAnalytics, Business Insider
Yes, the Wealthy Can Be Deserving
New York Times
shared by @interfluidity, @MichaelKitces, Huffington Post
New York Times
shared by @interfluidity, @MichaelKitces, Huffington Post
The Stimulus Success
Calculated Risk
It is important for the future to set aside ideology and recognize that the American Recovery and Reinvestment Act of 2009 helped the economy.
shared by @ritholtz, @Noahpinion, @ReformedBroker, @calculatedrisk
Calculated Risk
It is important for the future to set aside ideology and recognize that the American Recovery and Reinvestment Act of 2009 helped the economy.
shared by @ritholtz, @Noahpinion, @ReformedBroker, @calculatedrisk
Summers: America risks becoming a Downton Abbey economy
Financial Times
Inequality has emerged as a major issue in the US and beyond. High quality global journalism requires investment. A generation ago it could reasonably have been asserted that the overall growth rate of the economy was the main influence on the growth in middle-class incomes and progress in reducing poverty. This is no longer a plausible claim.
shared by Marginal Revolution, Naked Capitalism, reddit/Economics, @delong
Financial Times
Inequality has emerged as a major issue in the US and beyond. High quality global journalism requires investment. A generation ago it could reasonably have been asserted that the overall growth rate of the economy was the main influence on the growth in middle-class incomes and progress in reducing poverty. This is no longer a plausible claim.
shared by Marginal Revolution, Naked Capitalism, reddit/Economics, @delong
The Tame Truth About the Wolves of Wall Street
New York Times
Unlike Hollywood’s idea of Wall Street partying, the only all-nighters I pulled were over spreadsheets.
shared by @LaurenLaCapra, @kevinroose, @anatadmati, @LaurenYoung
New York Times
Unlike Hollywood’s idea of Wall Street partying, the only all-nighters I pulled were over spreadsheets.
shared by @LaurenLaCapra, @kevinroose, @anatadmati, @LaurenYoung
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