The Fed’s Actions in 2008: What the Transcripts Reveal
New York Times
On Friday, the Federal Reserve released the transcripts of the 2008 meetings of its Federal Open Market Committee, which sets monetary policy. The transcripts provide a detailed account of some of the Fed’s key decisions during that crisis.
shared by @TheStalwart, @markgongloff, @davidmwessel, @ATabarrok
 

I Am Sorry. What Was Tim Geithner Looking at in January 2008?
equitablegrowth.org
shared by @MarkThoma, @counterparties, @edwardnh, @mccarthyryanj
 

The 2008 FOMC Laugh Track: Gallows Humor at the Federal Reserve
Wall Street Journal
Here are some of the best – and worst – jokes from the 2008 Fed meetings.
shared by @BCAppelbaum, reddit/Economics, @moorehn, @TheBasisPoint
 

China Stocks Drop as Property Shares Plunge Most in Eight Months
Bloomberg
China’s stocks fell, sending the benchmark index to its biggest loss in five months, amid speculation that reduced lending to the property industry will curb growth in the world’s second-largest economy.
shared by Business Insider, Reformed Broker, @humenm
 

4 signs of economic slowdown in China
Sober Look
shared by Abnormal Returns, @EconBrothers, @Noahpinion, @CMEGroup
 

China Downplays Yuan, Banking Risk as Zhou Sees 7% to 8% Growth
Bloomberg
China’s Finance Minister Lou Jiwei played down yuan declines and the risks from shadow banking as central bank Governor Zhou Xiaochuan signaled that the nation’s economy can sustain growth of between 7 percent and 8 percent.
shared by Business Insider, @lucymarcus, reddit/Economics, @Bloomberg
 

Netflix agrees to pay Comcast to improve its streaming speeds
Wall Street Journal
Netflix has agreed to pay Comcast to ensure Netflix movies and TV shows stream smoothly to Comcast customers, a landmark agreement that could set a precedent for Netflix’s dealings with other broadband providers.
shared by @firstadopter, @MParekh, @ObsoleteDogma, @howardlindzon
 

Inside The Netflix/Comcast Deal and What The Media Is Getting Very Wrong
streamingmedia.com
On Sunday, Comcast and Netflix announced a commercial interconnect relationship between the two companies.
shared by @ToddSullivan, @danprimack, Marginal Revolution
 

Comcast’s deal with Netflix makes network neutrality obsolete
Washington Post
Netflix has agreed to pay Comcast to deliver traffic to Comcast subscribers.
shared by @firstadopter, @TheStalwart, NYT Dealbook, Marginal Revolution
 

Bronte Capital: The really strange Comcast-Netflix deal
Bronte Capital
shared by @JacobWolinsky, @BarbarianCap, Crossing Wall Street, Reformed Broker
 

Wolff: What is ’Forbes’ worth?
USA Today
Forbes magazine has put itself up for sale and a deal is expected soon — most likely with a Chinese company called Fosun International Ltd.
shared by @TheStalwart, @JacobWolinsky, @ReformedBroker, @JustinWolfers
 

Buffett’s annual letter: Learn from my real estate investments
Fortune
From his upcoming shareholder letter, Warren Buffett on the lessons two of his real estate purchases offer for equity investors.
shared by Business Insider, @JacobWolinsky, @ReformedBroker
 

Five Myths of Bond Investing
Wall Street Journal
We puncture some dangerous misconceptions—and set out a plan for investors to follow now.
shared by @EddyElfenbein, Abnormal Returns, Reformed Broker, @moorehn, @TheIntuitInvest
 

If HFT is here to stay it needs to be regulated
Financial Times
After all these years robot trading is still considered unfair.
shared by Naked Capitalism, @JoeSaluzzi, @NicTrades
 

Housing Weakness: Temporary or Enduring?
Calculated Risk
shared by @TheStalwart, @NickTimiraos, @MarkThoma, @calculatedrisk
 

D Bank plans to cut US assets by $100bn
Financial Times
Deutsche Bank has for the first time laid out plans to slash its US balance sheet as it seeks to allay concerns over how it would deal with tough new rules imposed by the Federal Reserve on foreign banks.
shared by @LaurenLaCapra, NYT Dealbook, @FGoria, @SimoneFoxman, @petereavis, @cate_long
 

The Intelligent Investor: Is Value Investing Bred in the Bone?
Wall Street Journal
Some might possess a dominant gene for chasing hot performance, while others have a recessive value gene that confers a preference for the battered and unpopular.
shared by @abnormalreturns, @ToddSullivan, @ReformedBroker
 

Why Rational People Can’t Succeed as Economic Forecasters
HBR
Historian Walter Friedman on the pioneers of forecasting, and why we haven’t gotten better at it.
shared by @jasonzweigwsj, @JacobWolinsky, @Noahpinion, @abnormalreturns