Ritholtz's Reads: Seven Reasons VW May Be Worse Than Enron

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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Here are our free-range and gluten-free Tuesday train reads:

• How Congress May Have Saved Goldman Sachs From Itself (Bloomberg)

• This Is Why Public and Private Market Valuations Are Completely Different (Mahesh VCsee also Silicon Valley Raises $75B in Venture Capital (Chief Investment Officer)

• White House report says Internet is a ‘core utility’ just like electricity (CS Monitor)

• Seven reasons Volkswagen is worse than Enron (FTsee also A Mucky Business: Systematic fraud by the world’s biggest carmaker threatens to engulf the entire industry and possibly reshape it (The Economist)

• 10 Things I Love About Twitter (A Wealth of Common Sense)

• How Patent Law Can Block Even Lifesaving Drugs (The Upshotsee also Employer Health Coverage for Family Tops $17,000 (WSJ)

• Denier vs Skeptic (NeuroLogica)

• Investors Are Mining for Water, the Next Hot Commodity (NYTsee also The Connection Between Cleaner Air and Longer Lives (The Upshot)

• NASA Says Signs of Water Flowing on Mars, Possible Niches for Life (NYT)

• Rich people rule! (Washington Postsee also Hurting the Rich Won't Help the Poor (Bloomberg View)

What are you reading?

For rich countries, the share of revenues from corporate taxes has ebbed for years.

Source: WSJ

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

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

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net