There's a lot of information out there. Some of it is junk, some of it is frame-worthy. For every dozen foam-spewing-from-mouth rants out there, there's a well-thought-out, factual, logical piece of work that deserves your attention.
Here are five you might enjoy:
Discusses the potential threats -- both militarily and economically -- stemming from foreign ownership of national debt. "There are those who argue that the Chinese would never deliberately spark a run on the dollar … But China isn't a hedge fund. It's an emerging superpower with interests that extend beyond the value of their foreign reserve accounts." And as Google's
Goldman's PR Guy Is Kind of a Jerk
(New York magazine)
You know, if there's one guy at Goldman Sachs
Five Myths About America's Credit Card Debt
Tackles an important myth: that the industry is so competitive it can self-regulate. "The top three issuers -- [Bank of America
Employment Growth Is Finally Coming
So says Wells Fargo
Bankers Use Derivatives Trades to Cash in Bonus Stock
The Wall Street bonus brouhaha was supposedly solved by paying bankers in restricted stock that could only be sold years down the road. Surprise, surprise … clever bankers found a loophole: using options to monetize restricted stock. They're most likely using restricted shares as collateral to sell call options that expire years down the road. Ain't no problem a good derivative can't solve, you know.
Got any of your own to share? Post away in the comment section below.