Sanctions Revive Search for Secret Putin Fortune
New York Times
President Obama’s response to the Ukraine crisis, while derided by critics as slow and weak, has reinvigorated a 15-year global hunt for the Russian leader’s hidden wealth.
shared by @prchovanec, @JamesGRickards, Business Insider, @mattbish
 

Russian Billions Scattered Abroad Leave Trail to Putin Circle
Bloomberg
Outside a Moscow stadium one night in 2006, deputy central bank chief Andrei Kozlov was walking to his car after playing soccer when two men opened fire, pumping bullets into his head and neck and killing his driver.
shared by @HamzeiAnalytics, @lucymarcus, Business Insider
 

Announcement Of Additional Treasury Sanctions On Russian Government Officials And Entities
US Treasury
shared by @USTreasury, @SpiegelPeter, @JamesGRickards
 

People Are Seriously Talking About Banning The Banks
Business Insider
Here’s how it would work.
shared by @brianmlucey, @finansakrobat, reddit/Economics, @morningmoneyben
 

Is A Banking Ban The Answer?
New York Times
Interesting, but problematic.
shared by @TheStalwart, Business Insider, reddit/Economics, @Noahpinion
 

Death spiral is a myth to perpetuate high pay
Financial Times
From Mr Robert Pickering. I ran an investment bank for a number of years and was regularly held up at gunpoint and told that we had to jack up so-and-so’s pay to prevent him or her from leaving (usually for Goldman Sachs and invariably for “twice what they get here”).
shared by @charlesforelle, @lucymarcus, @peter_tl, @NicTrades, @humenm
 

From Outside or Inside, the Deck Looks Stacked
New York Times
Elizabeth Warren’s new book sees a lamentable but enduring theme in Washington: special treatment for Wall Street.
shared by @ritholtz, @neilbarofsky, @cate_long, @TimOBrien, @MattGoldstein26
 

Oil and gasoline prices: many still missing the big picture
Econbrowser
shared by @MarkThoma, @EconBrothers, Free Exchange, @ToddSullivan, Calculated Risk
 

China’s crisis is coming – the only question is how big it will be
Financial Times
A financial crisis in China has become inevitable. If it happens soon, its effects can be contained. But, if policy makers use further doses of stimulus to postpone the day of reckoning, a severe collapse will become unavoidable.
shared by @FGoria, Marginal Revolution, @prchovanec, Naked Capitalism
 

Canadian, U.S. housing markets defy expectations, price gap hits record
Globe & Mail
Average prices were 66% higher for Canadian homes compared with their American counterparts in the first quarter or 2014
shared by @pkedrosky, @ATabarrok, @BarbarianCap, @NKingofDC, @howardlindzon, @Dvolatility
 

Hedge Funds Short Small Caps Most Since ’04 Russell Falls
Bloomberg
Money managers are turning on stocks that have delivered the best returns during the bull market: small caps.
shared by Here Is The City, @JacobWolinsky, @ReformedBroker, @NicTrades
 

Warren Buffett: We took a stand on Coke’s pay package
Fortune
In an interview with Fortune, Buffett defends high CEO pay, says his successor is a ’he’ and says it’s time to reexamine the corporate tax code.
shared by @JacobWolinsky, @ReformedBroker, Reformed Broker
 

Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones
New York Times
The strongest employment growth after the recession has been in low-wage work, at places like strip malls and fast-food restaurants, according to a new report.
shared by Naked Capitalism, @FGoria, @ezraklein, @MarkThoma
 

More frequently, big U.S. banks are making swaps a foreign affair
Wall Street Journal
Many large banks are changing the terms of some swap agreements made by their offshore units so they don’t get caught by U.S. regulations.
shared by Business Insider, @YanniKouts, @Alea_, @nasiripour, @eisingerj, @Kiffmeister
 

Federal Reserve Board announced it is requiring Bank of America Corporation to resubmit its capital plan and to suspend planned increases in capital distributions
Federal Reserve
shared by NYT Dealbook, @EconBrothers, @Neil_Irwin
 

Popular Stocks Stink
millennialinvest.com
Why does value investing work? One of the reasons is that value factors like price-to-cash flow or price-to-earnings identify companies with very
low market expectations.
shared by Abnormal Returns, @ReformedBroker, @JacobWolinsky
 

The Only Truth in Markets is Surprise
derekhernquist.com
“Blessed is he who expects nothing, for he shall never be disappointed.” – Alexander Pope
shared by Abnormal Returns, @ReformedBroker, @HamzeiAnalytics, @StockTwits
 

CEO Gurbaksh Chahal Fired by RadiumOne Board
recode.net
He’s out, due to his conviction for battery and domestic violence.
shared by @TheStalwart, @kevinroose, @danprimack, @jennablan