Monday links get taken for a ride
Why you don’t actually get compensated for taking on extra equity risk:
In the world’s 12 most valuable companies there are 3 banks. Two are Chinese; the other is Hongkong and Shanghai.
“There are several things I love to do on the Vineyard. The first is ride my tricycle. I have two adult tricycles…”
Lots of geektastic detail on “latency arbitrage” — which is a much better name than “high-frequency trading”
TED spread now <30bp for the first time since March 2007
Bloomberg’s MTA wishlist is full of goodies. Pity none of it is going to happen.
Hugo Lindgren invents the Hot Waitress Index — no sympathy for the fembots!
Sarah Wildman on how insurers never pay for pregnancy (and please, WPNI, give me a single-page option!)
Charlie Rose hypocrisy alert: he says GE doesn’t control NBC content, while brokering deals to do just that
Andrew Hall is back in the news, so I might as well disinter an April blog entry: Citigroup can’t keep Phibro
NYT tries and fails to work out how on earth Annie Leibovitz ended up $24m in the hole
Cute interactive how-people-spend-their-day chart
Anil Dash delivers 2,271 words on how Apple should give up its culture of secrecy
Two early bids for the Boston Globe, one would turn it into a nonprofit.
Hubristic datapoint of the day: Trader Monthly thinks it’s worth more than $0