We covered subprime auto yesterday.  Today, it’s the other growing debt concern in the US—student loan obligations.  Though here’s an unexpected take on it: due to missing or fake documentation, billions in defaulted student loan debt may be deemed uncollectible – NYTimes

The Fed has fined BNP Paribas nearly $250 million to resolve allegations of misconduct in the French bank’s foreign-exchange business – WSJ and Law360

Meanwhile, the UK-based former forex traders who waived extradition and are appearing in NY federal court this week have all pleaded not guilty to rate-rigging allegations – Law360

KKR’s leaving little to chance when it comes to succession, with founders Henry Kravis and George Roberts naming a pair of co-presidents and co-COOs yesterday and ensuring that the private equity titan will continue long after the those Ks and Rs are gone – NYTimes and WSJ

Netflix posted monster subscriber gains, boosting share price even as the streaming market gets more and more crowded – WSJ and Bloomberg

Breakingviews has sized up the Trian/Procter & Gamble fight and has determined that P&G would do well to take on a new board member – NYTimes

The Journal, meanwhile, doesn’t think that P&G can cut its way out of this one – WSJ

Big Oil’s facing an interesting problem.  How does it hire the next generation of workers when millennials largely view it as trading in an industry that’s killing the earth – Bloomberg

Stress getting the best of you these days?  Treat yourself to a forest bath (no soap or towels required) and get back in touch with the great outdoors – Mashable