Elsewhere on Friday,
- The man who fuelled Lord Turner’s attack on the City.
- Measuring GDP from outer space (really).
- “OK still have this vomit?” one UBS employee asked.
- What finance stories aren’t being told?
- “Did Morgan Stanley’s CEO John Mack Just Get ‘Shot?”
- And Mack’s $13.5m New York carriage house.
- Contrarian alert: Small investors are back in stocks.
- “By the time you finish reading this piece, you will know from where VaR comes”.
- Tarp-tastic: 6,400 words from Vanity Fair.
- Peston‘s on the APS.
- How many hours of work are required to purchase S&P?
- MEW and the wealth effect.
- Betting on – or against – Obama hatred.
- Further, further reading.