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Three words hedge fund manager Paul Singer has for the second quarter of the year.
Corporate America abandons Obama
After overwhelmingly supporting Barack Obama in 2008, workers of some of America’s largest companies are now throwing money at Republican candidates for the upcoming 2012 election.
Europe’s bright spots revealed
Some of the Continent’s biggest basket cases have reacted to the region’s crisis by quietly becoming more competitive.
JP Morgan buybacks on hold until 2013
That massive stock repurchase plan at J.P. Morgan will remain in a holding pattern for a quarter longer than the bank expected last month as the cleanup of its London trading disaster continues.
Regis Resources ripe for the picking
No gold miner in the world is offering acquirers faster growth at a cheaper price than Australia’s Regis Resources Ltd.
ING Direct Canada sale expected to spark bidding war
TD, Scotia named as possible buyers.
Drought taking a toll on global food reserves
Stockpiles of the most important crops will decline for a third year as drought wilts fields across three continents.
StanChart mulls countersuit
Standard Chartered is looking into legal action against the U.S. regulator that has accused the bank of being a “rogue institution”.
Felix Salmon says don’t invest in hedge funds
AIMA releases a point-by-point refutation of a book that slams the hedge fund industry, and inadvertently supports the argument against the asset class.
Why is the U.S. so attractive to money-laundering banks?
Because it’s safe.
China’s local debts are coming due
Municipal governments are starting to feel the heat.