FURTHER FURTHER READING
- Why Michael Woodford thinks the Fed should taper.
- More money than Thor (on the Norwegian SWF).
- World's largest cave prepping for first public tours.
- Lies, damned lies and the US unemployment statistics.
- Regulatory arbitrageurs of the day, insurance edition.
ROUND-UP
Twitter fires starting gun on IPO: "Twitter has fired the starting gun on the internet's most anticipated initial public offering since Facebook by filing its preparatory documents to the Securities and Exchange Commission. The messaging site revealed its S1 filing in a tweet at 2pm Pacific time." (Financial Times)
SEC calls for plan to beat exchange failures: "The top US securities regulator has called on leading stock and options exchanges to identify specific steps that can be taken to improve the structural foundation of the US market following high-profile outages. Mary Jo White, Securities and Exchange Commission chairman, has asked the heads of exchange groups including NYSE Euronext and Nasdaq OMX to provide assessments on the robustness and resilience of US market infrastructure." (Financial Times)
Dell shareholders back $24.8bn buyout: "Michael Dell pulled off his hotly contested $24.8bn buyout of the PC maker that bears his name on Thursday, turning the clock back a quarter of a century on one of the technology industry's most famous entrepreneurial success stories." (Financial Times)
