FURTHER FURTHER READING
- Inter-dealer brokers' inside information.
- What we talk about when we talk about bubbles.
- Economist wins genius grant for proving traders are idiots.
- You really ought to be more terrified of the debt ceiling.
- Ersatz individualism makes the American collective strong.
FT ROUND-UP
Alibaba abandons $60bn Hong Kong listing: "Alibaba has abandoned plans for a $60bn-plus listing in Hong Kong and is pursuing a US share sale after the city's exchange refused to allow the company to hand-pick most of its board members. " (Financial Times)
Companies rush to sell long-term debt: "A rush of companies selling US benchmark bonds to take advantage of lower interest rates on Wednesday was set to crown September as a record month for investment grade debt issuance." (Financial Times)
US could run out of funds by October 17: "The US government could start to run short of funds to meet its obligations by October 17, Jack Lew, the Treasury secretary said, unless Congress votes to lift the debt ceiling before then." (Financial Times)
JPMorgan eyes $4bn 'pay for peace' deal: "JPMorgan Chase is in talks to pay over $4bn in a "pay for peace" deal with US authorities to settle a host of allegations of wrongdoing in the mortgage securities market, according to people familiar with the matter." (Financial Times)
