Hot Links: Another Bear Raid

It’s been a couple of weeks since I’ve been able to get a Hot Links posted thanks to a trip out west immediately followed by Hurricane Sandy and it’s aftermath. But now I’m fully loaded again and taking zero prisoners. Welcome back.

Stuff I’m Reading this Morning…

Another fall, another Bear Raid – what is the investor to do?  (DynamicHedge)

Wow! Jefferies bought by Leucadia for $3.6 billion, Dick Handler will remain CEO (and best-named human being on Wall Street).  (DealBook)

A constructive John Boehner tells the psychos in his party to back the f*** up while the adults work this fiscal cliff thing out.  (NYT)

The case for active management versus index tracking in bond funds.  (FocusOnFunds)

Joe Weisenthal with a common sense piece of fiscal advice that both parties should embrace.  (BusinessInsider)

Don’t look now but China’s fiscal and monetary stimulus may be working. Okay, look now.  (DrEdsBlog)

Felix Salmon on how the bureaucratic Red Cross is getting owned by smaller bands of volunteers in the wake of Sandy.  (Reuters)

Jim Chanos on the “Obama sell-off” and how the fiscal cliff should be addressed.  (HedgeFundIntelligence)

Like three card monte dealers recognizing they’re out of suckers, the RTO Kings fold up their tables and leave China.  (MarketWatch)

A Star Trek-esque real-time language translator is closer than you think.  (NewScientist)

Seven celebrities ruined by Twitter.  (Buzzfeed)