Dow: After being kicked in the shins by the flash crash, the DJIA is now below 10,000.
Related: The SEC is suggesting an audit trail to track trades. Now, in 2010?
FASB: It issued new guidelines on the accounting of financial instruments. Loans and other debt instruments now get the same treatment. Here, have a gander.
When VCs attack: When they attack company founders, that is.
Mickey Mouse and insider trading: Is nothing sacred?
Related: Branding is for companies (or mice) but not humans.
Unlikely winners of financial reform: CME Group and others.
Related: At a Reuters breakfast this morning, BlackRock’s Larry Fink, Evercore’s Roger Altman, and Perella Weinberg’s Joseph Perella share a hearty chuckle at the idea of banks who claim that prop trading isn’t important.
Europe’s banks: Hoarding cash, according to the Wall Street Journal. If we remember our Depression studies accurately, banks hoarding money is the single worst thing that can happen to an economy.
Compensation: A number of CEOs did not increase their compensation last year. Bess Levin suggests it’s because they weren’t important enough.
Appaloosa: It lost $1 billion of AUM last month. David Tepper shrugs at the Ira Sohn Conference.
Related: The conference was sure to be full of surprises.
How not to pitch a VC: At a urinal.
Mortgage lenders: Why they went wild.
Related: GIC, of Singapore, may spin off its real estate arm in an IPO.
Healthcare: The flaw in Obama’s plan is that independent contractors like Mark Gimein just don’t mind paying the penalty.
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: subscriptions@peimedia.com.