Bond manager featured in 'The Big Short' breaks down on stand Wing Chau, an investment adviser made infamous in the "The Big Short," a best-selling book about the financial crisis, wept on the witness stand during his administrative trial on Friday before yelling, "Shame on you!" at a lawyer for the U.S. government. [Reuters]
NY Times: The Banality of Tax Avoidance [TaxProf]
Brooklyn’s Hipster Economy Challenges Manhattan Supremacy Interesting read but I am a Midtown kinda gal [Bloomberg]
No cronuts for you! [AP]
Holder Says U.S. Is Investigating High-Speed Trading [WSJ]
A homeless dude in Maine tried to get $140 out of the ATM and got $37,000 instead [2 News]
Goldman Sachs isn’t letting that pesky Volcker Rule scare it out of trading [Quartz]
So, we're agreed Strategy& is stupid, then “PwC is trying to convince the world it has some left brain,” says branding expert and Retail Oasis founder Stephen Kulmar. [BRW.]
CarMax can calculate the price of a used vehicle but their own finances? Not so much [BBW]
It wasn't enough for GrubHub to go public, they had to make a stupid scene about it [Gawker]