Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is an article that says it’s time for corporations to stop maximizing profit and start maximizing value ……… and the last article discusses Geithner as a friend to the banks.
- We Need To Stop Maximizing Profit And Start Maximizing Value (Henry Blodget, Business Insider)
- Fall Off Fiscal Cliff Inevitable, Pozen Says (Raymond Fazzi, Financial Advisor)
- College Is (Still) Worth It (Catherine Rampell, The New York Times)
- Will Investors Return to Equities in 2013? (Gregory Warren, Morningstar Advisor)
- The Constant Correction Call (Joshua Brown, The Reformed Broker)
- Where the Economy (and Market) is Heading Now (Russ Koesterich, iShares Blog)
- The New Way to Look for Mars Life: Follow the Salt (John Matson, Scientific American)
- Baby Boomers Sicker Than Parents’ Generation, Study Finds (Nicole Ostrow, Bloomberg)
- Finra stands down on RIA oversight (Mark Schoeff, Investment News) Global Economic Intersection has repeatedly protested this proposal, now dropped. It would have been a “fox watching the hen house” situation.
- Banks, at Least, Had a Friend in Geithner (Gretchen Morgenson, The New York Times) Hat tip to Elliott Morss.