Tesla shot past Ford in market value for the first time yesterday, a sign—according to some—of the optimism gap between the electric-car venture and traditional automakers – NYTimes and WSJ and Bloomberg
Raise your right hand and admit that you never saw this one coming for AOL and Yahoo – BusinessInsider
Navient Corp., facing CFPB allegations that it didn’t live up to its promises of helping its 12 million customers manage their loans, now has a two-faced problem after a recently filed motion to dismiss in which it argued that borrowers couldn’t reasonably rely on the company to act in their interest because its primary role was to collect their payments – Bloomberg
Public? Yes. But forget about voting rights. Meet the new IPOs that are all the rage in tech – WSJ
We think Ronco might be a little less demanding – WSJ and Marketplace
Breakingviews looks at the recent raids by authorities in several nations of Credit Suisse offices in relation to possible tax evasion and pronounces it a win for the Swiss bank’s rather new efforts at transparency – NYTimes
Wells Fargo’s been ordered to rehire a former bank manager who was fired in 2010 for reporting incidents of suspected bank, mail, and wire fraud and to give the whistleblower nearly $5.4 million in back-pay, compensatory damages, and legal fees – Bloomberg and Law360
White Collar Watch helps us with the odd intersection of conspiracy and forfeiture law, in which a conspirator can be ordered to forfeit amounts not actually received through a powerful “substitute assets” mechanism at prosecutors’ disposal – NYTimes
Some college teams played basketball last night. Outcome aside, the real winner was clearly a 16th-century Jesuit – NYTimes