Russia Raises Main Rate as Ukraine Crisis Threatens Economy
Bloomberg
Russia raised its main interest rate the most since 1998 to shore up the economy as concerns that President Vladimir Putin will invade Ukraine sent the ruble tumbling and sparked the biggest stock selloff in five years.
shared by @BarbarianCap, @lucymarcus, @JohnLothian, @Dvolatility
 

China’s Central Bank Gets Its Yuan On
bloombergview.com
The value of the Chinese currency has taken a big hit against the U.S. dollar, part of a campaign by the country’s central bank to manage the market.
shared by @delong, @TheStalwart, @niubi, @prchovanec, @M_C_Klein
 

PIMCO’s Embarrassing Tweet on Yuan
Business Insider
Come on guys! This is basic stuff.
shared by Reformed Broker, @JacobWolinsky, @Noahpinion, @delong
 

Marc Andreessen: My Statement on eBay Director Role and Governance
pmarca.com
shared by Business Insider, @JacobWolinsky, @hblodget, @IvanTheK, @Techmeme
 

Carl Icahn: Open Letter to eBay Shareholders
shareholderssquaretable.com
shared by Business Insider, @howardlindzon, @Techmeme
 

SEC investigates Citigroup over fraudulent Mexican loans: source
Reuters
The U.S. Securities and Exchange Commission is investigating Citigroup for accounting fraud after it disclosed bogus loans in its Mexican Banamex unit.
shared by @HamzeiAnalytics, Here Is The City, Crossing Wall Street
 

Citi Paid $400 Million in Fake Invoices
bloombergview.com
Also Mike Corbat "can assure you there will be accountability for those who perpetrated this despicable crime" and I hope he means he’ll be providing that accountability personally.
shared by @LaurenLaCapra, @ritholtz, Naked Capitalism, @Alea_, @Ian_Fraser
 

What Did Not Happen At Mt. Gox
hackingdistributed.com
shared by @TheStalwart, @MattGoldstein26, @ryanchittum, @ObsoleteDogma
 

Here’s why Bitcoin-the-network needs Bitcoin-the-currency
timothyblee.com
shared by @TheStalwart, @MichaelKitces, Marginal Revolution, @tylercowen
 

Warren Buffett’s annual letter to Berkshire Hathaway ($BRK.B) shareholders
berkshirehathaway.com
shared by NYT Dealbook, Business Insider, @wonkmonk_, @DougKass
 

Buffett Says Pension Tapeworm Means Decade of Bad News
Bloomberg
Public pension plans threaten the financial health of U.S. cities and states more than taxpayers realize, billionaire investor Warren Buffett said.
shared by @cate_long, @edwardnh, @JohnLothian, @AmyResnick
 

The Housing Market With Nowhere to Go (but Up)
New York Times
An influx of tech-sector money in San Francisco, where new construction is difficult, is driving up prices and making options scarce for those not earning Silicon Valley salaries, as homes are routinely subject to bidding wars, going for 60%-80% over asking price.
shared by @TheStalwart, @mccarthyryanj, @hblodget, @NickTimiraos
 

Paul Krugman – Growth and Interest Rates: I Appear To Be Wrong
New York Times
When I get new information, I change my mind. What do you do?
shared by @TheStalwart, @ModeledBehavior, reddit/Economics, @Noahpinion
 

The Grumpy Economist: Budish, Cramton and Shim on High Frequency Trading
The Grumpy Economist
shared by @brianmlucey, reddit/Economics, @Noahpinion, @ObsoleteDogma
 

What If Labor Markets Are Tight?
esoltas.blogspot.com
shared by @delong, @TheStalwart, @Fullcarry, Business Insider, @tylercowen
 

The long shadow of Steve Jobs: Tim Cook at Apple
Wall Street Journal
Even as he became chief executive of Apple, Tim Cook could not escape the shadow of the company’s visionary founder. An excerpt from Yukari Iwatani Kane’s ’Haunted Empire: Apple After Steve Jobs.’
shared by Abnormal Returns, @davewiner, @Dasan, @Techmeme, @RolfeWinkler