Yet more news that seems to suggest that Italy will be the epicenter of the next European (global?) economic crisis, with the Times reporting that Italian lenders keep lending to companies plagued by years of stagnation – NYTimes
Goldman’s new banking for the masses? Why, it’s Marcus – NYTimes
The Journal reports that big companies [banks included] are pouring more into dividends than at “any time since the financial crisis”—likely, a response to record-low bond yields that’s “put a premium” on kicking back profits to shareholders – WSJ
Moody’s is asking an SDNY Judge to kick the final claim against it based on the information provided by whistleblower Ilya Kolchinsky that Moody’s “gamed its ratings of troubled mortgage securities” – Law360
A NY Fed analysis released yesterday offered some long-awaited good news for a broader US economic recovery, with employers adding nearly 2.3 million jobs in the middle-income category (30-60k) over the past 2 years—roughly 50% more growth than at the high and low end over the same period – NYTimes
Law360 takes a look at the insider-trading ramifications of the recent Sean Stewart conviction – Law360
Denmark’s famously generous social spending may soon force it to seek labor force help from a slightly unconventional [read non-human] source – Bloomberg
Frank Ocean’s visual album release last night just gave a little bit of hope to procrastinators all around the world – NYTimes
Have a great weekend.