We’re not saying, we’re just saying. US household debt just surpassed $12.73 trillion—its highest mark since, ahem, Q3 2008 – NYTimes
It would appear that this ransomware thing isn’t going away any time soon – WSJ
Don’t call it a comeback—not yet at least. But we can all be cautiously optimistic about Japan’s long-stagnant economy after five straight quarters of growth – NYTimes
The SEC hasn’t had much luck with its attempts so far to hold MBS traders responsible for allegedly lying to customers about MBS prices. Yet on the Monday’s charges against ex-Nomura traders suggests that the agency’s not giving up so easily – Law360
The Journal is out with the results of an interesting look at corporate governance that features the surprising conclusion that too much independence can be a bad thing. More specifically, boards in which the CEO is the lone insider experience, on average, lower profits, excessive CEO pay, and more financial fraud than boards with more insiders – WSJ
In our continuing “Welcome to the big leagues” series, Snap, Inc. is facing a shareholder suit alleging that the company’s IPO registration statement contained “misleading information about Snap’s user growth” – Law360
IPO? Nope. We’re talking ICO (initial coin offerings), the next big thing in the world of cryptocurrencies – WSJ
It’s grad season, and the Times gives us a cool four-years-later look at nine students who called NYC home for college – NYTimes
“Welcome aboard KLM flight 3423, this is your King speaking . . . “ – Bloomberg