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Top links: Is Obamacare dead?

A roundup of what The Globe and Mail's market strategist Scott Barlow is reading this morning on the World Wide Web.

A brilliant post by Bloomberg View’s Matt Levine highlights the absurdity of derivatives, capital gains taxation and hedge fund regulation. Mr. Levine’s piece describes an ongoing legal battle to determine the correct “magic words” that will either result in Deutsche Bank and Barclays being handed huge fines, or allow hedge fund Renaissance Capital to avoid a massive tax bill.