Hot Links: 23 Hour Days

Stuff I’m Reading this Morning…

Chinese currency reform is finally coming… (Forbes)

Or, according to Chuck Schumer, it’s not.  (NYP)

Vitaliy Katsenelson’s piece on how certain stocks ($GE, $XOM) become a religion is incredible and spot on.  (ZeroHedge)

The final push for the financial reform bill and bank lobbyists are working 23 hour days.  (NYT)

Justin steps up to defend The Business Insider with logic and facts, man.  (ZeroBeta)

Is there a legitimate fundamental analysis of BP?  Here’s Whitney Tilson’s take:  (Greenbackd)

The Greatest Trade Ever was missed by many because of their inflexibility and aversion to ‘negative carry’.  (AbnormalReturns)

Does high frequency trading run afoul of the Securities Act of 1934?  (MarketTicker)

The Russians get one right – no more cap gains taxes.  (Mish)