Ritholtz's 10 Tuesday Reads: Bank of America's Accounting

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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Happy Tuesday morning! Here are some reads to start you off:

  • The Decline and Fall of Trading as a Money Maker for Giant Banks (Quartz)
  • RIP Record Profit Margins (Reformed Broker) see also Help Wanted Signs Are Popping Up in U.S. Cities (Businessweek)
  • The Problem with Payments (stratechery)
  • On the Intriguing Drop in Commodity Correlation (FT Alphaville)
  • Bank of America's Bad Accounting (DealBook) see also Bank of America Lost $2.7 Billion in a Maze of Accounting (Bloomberg View)
  • Average U.S. Retirement Age Rises to 62 (Gallup)
  • One in Ten U.S. Bridges in Urgent Need of Repair (Reuters)
  • Meet the Secret Fed Cybersecurity Unit Keeping Trillions of Dollars Safe From Hackers (Foreign Policy)
  • To Find a Career Like Tim Duncan's, We Have to Go Back to Kareem Abdul-Jabbar (FiveThirtyEight) see also Shaq's Still Scoring in Retirement (Businessweek)
  • Sunken Gold Untouched for 157 Years Off U.S. Lures Hunter (Bloomberg)

What are you reading?

GDP by Industry

This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.

To contact the author on this story:
Barry L Ritholtz at britholtz3@bloomberg.net