Hot Links: Reform Reactions

Stuff I’m Reading this Morning…

The reaction to the new financial reform bill is that it wouldn’t have even prevented the last crisis, let alone the next one.  (TBP) and (NakedCapitalism)

Jim Cramer:  Obama is Jimmy Carter.  (TheStreet)

The Research Puzzler and I had an interesting back and forth on the role and utility of sell-side analysts.  Here’s Tom’s take:  (ResearchPuzzle)

A coming wave of actively-managed ETFs and the acknowledgment that luck plays a role in index outperformance.  (AbnormalReturns)

An up-close look at the work of Larry Summers in the White House.  Really up-close.  (Reuters)

Russell Simmons, rap mogul turned bankster.  (BusinessWeek)

Yes our Founding Fathers were every bit as divisive and vicious as the current political discourse.  A great read:  (WSJ)

I got a shoutout from John Mauldin in his excellent Frontline Thoughts Newsletter this morning – subscribe here (free):  (FrontlineThoughts)

Developed vs emerging countries in the World Cup.  (InfectiousGreed)