Linkfest: Battle at the top of Pimco; Bitcoin plunges into crisis; Tesla utopia; Recovery or bubble?
Categories: Linkfest
Today’s most shared:
- Insiders reveal how Bill Gross and Mohamed El-Erian clashed, discord at top fund manager.
- Bitcoin gyrates as top exchange collapses.
- The coming Tesla utopia.
- Recovery, or bubble? Can anyone tell, and how should one think and write about it?
- The USA’s third-world connectivity.
- Anonymous pundit @GSElevator revealed.
Gross vs. El-Erian: Inside the Showdown Atop the World’s Biggest Bond Firm
Wall Street Journal
After clashing with Pimco co-founder Bill Gross, CEO Mohamed El-Erian decided to leave the fund giant in March.
shared by @mark_dow, @SonyKapoor, @danprimack, @TheStalwart
Wall Street Journal
After clashing with Pimco co-founder Bill Gross, CEO Mohamed El-Erian decided to leave the fund giant in March.
shared by @mark_dow, @SonyKapoor, @danprimack, @TheStalwart
It’s time for Bill Gross to retire
Reuters
Now that El-Erian has left, are Pimco’s trillions effectively under the sole charge of a monomaniac?
shared by @izakaminska, @SonyKapoor, @kairyssdal, @tracyalloway, @mark_dow
Reuters
Now that El-Erian has left, are Pimco’s trillions effectively under the sole charge of a monomaniac?
shared by @izakaminska, @SonyKapoor, @kairyssdal, @tracyalloway, @mark_dow
Apparent Theft at Mt. Gox Shakes Bitcoin World
New York Times
Top Bitcoin exchange shuts down, believed to have been looted, insolvent.
shared by @JamesGRickards, Business Insider, @ritholtz, Naked Capitalism
New York Times
Top Bitcoin exchange shuts down, believed to have been looted, insolvent.
shared by @JamesGRickards, Business Insider, @ritholtz, Naked Capitalism
Banks turn to CDS after electronic platforms flop
Reuters
Wall Street banks, having failed to make any money out of electronic bond-trading platforms, are now focusing on ways to benefit from new regulations enforcing the central clearing of credit default swaps.
shared by @GavanNolan, @AmyResnick, @moorehn
Reuters
Wall Street banks, having failed to make any money out of electronic bond-trading platforms, are now focusing on ways to benefit from new regulations enforcing the central clearing of credit default swaps.
shared by @GavanNolan, @AmyResnick, @moorehn
JPMorgan Chase to cut thousands more jobs
Financial Times
JPMorgan Chase is planning more job cuts in its mortgage business on top of the 13,000-15,000 positions already due to be slashed because of plunging demand for home loans.
shared by Business Insider, Here Is The City, Naked Capitalism
Financial Times
JPMorgan Chase is planning more job cuts in its mortgage business on top of the 13,000-15,000 positions already due to be slashed because of plunging demand for home loans.
shared by Business Insider, Here Is The City, Naked Capitalism
Morgan Stanley: The coming Tesla utopia of green energy, self-driving cars
Business Insider
This must be the top.
shared by @firstadopter, @ReformedBroker, @TheArmoTrader
Business Insider
This must be the top.
shared by @firstadopter, @ReformedBroker, @TheArmoTrader
This is no recovery, this is a bubble
theguardian.com
Ha-Joon Chang: Stock market bubbles of historic proportions are developing in the US and UK markets. With policymakers unwilling to introduce tough regulation, we’re heading for trouble.
shared by @davewiner, @Ian_Fraser, reddit/Economics, @wonkmonk_
theguardian.com
Ha-Joon Chang: Stock market bubbles of historic proportions are developing in the US and UK markets. With policymakers unwilling to introduce tough regulation, we’re heading for trouble.
shared by @davewiner, @Ian_Fraser, reddit/Economics, @wonkmonk_
How not to write about stock markets
Stumbling and Mumbling
Ha-Joon Chang’s claim that stock markets are "heading for trouble" depresses me. I had hoped that stock market punditry had moved beyond some guy’s opinion.
shared by @jasonzweigwsj, @TimHarford
Stumbling and Mumbling
Ha-Joon Chang’s claim that stock markets are "heading for trouble" depresses me. I had hoped that stock market punditry had moved beyond some guy’s opinion.
shared by @jasonzweigwsj, @TimHarford
WhatsApp Could Be Worth $100 Billion Once It Monetizes Like Its Asian Peers
Forbes
Although $19 billion seems like a lot for WhatsApp, its competitors from Asia are valued much higher on a monthly active user basis. They could signal that the valuations for all messaging apps are about to explode.
shared by @JacobWolinsky, @nancefinance, @ericjackson
Forbes
Although $19 billion seems like a lot for WhatsApp, its competitors from Asia are valued much higher on a monthly active user basis. They could signal that the valuations for all messaging apps are about to explode.
shared by @JacobWolinsky, @nancefinance, @ericjackson
Why Super-Fast Internet Is Coming Super Slowly
Wall Street Journal
Andy Kessler writes that the FCC could change this overnight by focusing on what’s best for the economy, not just for those it regulates.
shared by Abnormal Returns, @MParekh, @newsycombinator, @moorehn
Wall Street Journal
Andy Kessler writes that the FCC could change this overnight by focusing on what’s best for the economy, not just for those it regulates.
shared by Abnormal Returns, @MParekh, @newsycombinator, @moorehn
@GSElevator Tattletale Exposed (He Was Not in the Goldman Elevator)
New York Times
The person posting as @GSElevator on Twitter, thought to be a Goldman Sachs employee, is actually a 34-year-old former bond trader in Texas.
shared by @pkedrosky, Naked Capitalism, @finansakrobat, Here Is The City
New York Times
The person posting as @GSElevator on Twitter, thought to be a Goldman Sachs employee, is actually a 34-year-old former bond trader in Texas.
shared by @pkedrosky, Naked Capitalism, @finansakrobat, Here Is The City
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