Hot Links: Fun With Losses

Stuff I’m Reading this Morning…

Barry on Situational Awareness as it pertains to investing.  (TBP)

Dow 30 shuffle: Kraft is out, United Health is in.  The aging population means out with the mac and cheese, in with the HMO.  Poetic.  (USAToday)

Tadas: At least some of the money in actively managed funds is there because people want someone to blame in case the market goes bad.  (AbnormalReturns)

iPhone 5 preorders sold out already.  Try not to act surprised.  (BusinessInsider)

Headline of the day? “Citigroup Puts the Fun Back in Taking Huge Losses”  (Bloomberg)

Meet Scott Sumner, the econ blogger whose ideas may have saved the US economy.  (BusinessInsider)

No one man should have all that power – a trader on Bernanke’s latest.  (DynamicHedge)

So basically at this point the Fed IS the MBS market.  (SoberLook)

Lindsay Lohan Jr Amanda Bynes can’t stop crashing into shit with her car.  (Gawker)

Don’t miss my daily linkfest for financial advisors this morning! (WSJFA)