peHUB Second Opinion 12.5

Why you sometimes need to hire old people for your startup.

SEC charges Wells Fargo investment banker and nine others for their alleged role in an insider-trading ring.

Apple posts worst trading day in four years, losing 6.43% of its value.

The Simpsons’ Mr. Burns explains the fiscal cliff. Give the rich all the money.

Citigroup to slash 11K jobs and take a $1 bln charge.

Pfizer’s experimental breast cancer drug slowed down late-stage breast cancer that is considered incurable.

Netflix doesn’t plan on raising prices after clinching a deal with Walt Disney.

Eric Schmidt, Google’s chairman, may be tapped to be the secretary of the treasury or commerce or some big government title.

Can’t we all get along? Instagram disables integration with Twitter cards.

Nokia introduces two new smartphones, the Lumia 620 and Lumia 920T.

Half of all app store revenue goes to just 25 developers.

Former Wyoming Senator Alan Simpson, who is 81 years old, dances “Gangam Style” to get the millenial generation interested in the fiscal cliff.

Here’s Jay-Z taking the subway to one of his concerts at the Barclays Center.

Photo courtesy of REUTERS/Hyungwon Kang