What We Read Today 19 September 2014

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary “reading list” which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for “reading list” items are gratefully reviewed, although sometimes space limits the number included.

Scots spurn independence, vote to stay in the United Kingdom (Alistair Smout and Angus McSwain, Reuters) Scotland has voted by a55-45 margin to remain a part of the United Kingdom with England, Wales and Northern Ireland.

The two largest urban centers in Scotland split their voting. Glasgow, the largest city, voted 53% for separation and number two Edinburgh voted 61% against. For further reports see GEI News here, here and here and GEI Investing.

CalPERS decides hedge funds are a sell (Marc Lifsher, LA Times) A much more reasoned discussion of what has happened and why compared to several other pieces we have seen. See also Calpers to Exit Hedge Funds, Divest $4 Billion Stake (Michael Marios, Bloomberg)

Alibaba prices at $68, becomes top U.S. IPO (Matt Kranz, USA Today) Get ready for the fireworks! More on Alibaba ‘behind the wall’. Note: The video that follows has had intermittant availablity. If that occurs we apologize.

Recent article about Scotland Independence Vote :

Live Scotland results: Referendum counts from 32 councils on day of reckoning for Yes and No voters (The Telegraph) The rejection of the separation proposal was quite predominant geographically. Only Glasgow and adjacent council areas plus Dundee managed a majority for separation. The other 28 council areas voted for remaining in the UK.

Click for updated interactive map in article at The Telegraph.