For the commute home,
- Mutual fund firm Janus Capital is the first publicly traded company to admit receiving a request from the SEC as part of the ongoing insider trading probe.
- SAC Capital, a hedge fund run by Steven Cohen, has told investors that it has received a subpoena from the government.
- S&P 500 and sector trading ranges.
- Kinder Morgan, a portfolio company of the Carlyle Group, has filed for a $1.5bn IPO.
- Corporate profits aren’t actually at record highs, but they’re improving.
- Price controls might not be enough to cover the Chinese inflation ‘volcano’.
- Nearly 70 per cent of Tarp has now been repaid, offset with profits, or canceled.
- On the problem of expertise mission creep.
- Breaking down the upward revision to the Q3 GDP numbers:
