Your Day After edition of the Daily Dose, right from the heart of the madness here in downtown Minneapolis . . .
A look at the big-time Wells Fargo/Fed settlement of last Friday night, which saw the Fed blasting the bank’s board for oversight failures, forcing Wells to replace a full fourth of its 16-member Board, and instituting a rare growth ban – NYTimes and WSJ and Bloomberg and Law360
And here’s how that deal came together – NYTimes
Some analysis of last week’s strong US Jobs report – WSJ and Bloomberg
When it rains, it pours. Especially for Equifax. Which managed to screw up their new consumer service purportedly allowing consumers to lock access to credit files from a mobile phone just months after it disclosed the massive data breach that exposed nearly 145 million SSNs to hackers – NYTimes
A series of recent CFTC settlements for Deutsche Bank, HSBC, and UBS over spoofing allegations this week came with some unexpected good news—an automatic waiver from the bad actor rule, a distinct departure from most post-Dodd-Frank settlements – NYTimes
Which may have softened the blow a bit for Deutsche Bank after the bank also agreed to pay $70 million to the CFTC over the German financial giant’s alleged manipulation of ISDAfix, the benchmark for interest-rate derivatives and other financial instruments – Bloomberg and Law360
Mick Mulvaney’s latest move at the CFPB appears to be steering the agency away from using its own in-house courts – Law360
Tesla has raised more than half a billion dollars on its first asset-backed securities deal yesterday. Bondholders are repaid from lease payments on Model X and Model S vehicles as well as post-lease resale value – WSJ
We all know bitcoin by this point (and its recent struggles). Here’s why the far-lesser-known Tether—one of the few virtual currencies purportedly backed by traditional money—may be more important, especially as concerns about bitcoin price manipulation via Tether are on the rise – NYTimes
Together again, after all of these years? CBS and Viacom are thinking about it [again] – NYTimes and WSJ and MarketWatch
The spectacular fall of Carillion last month appears to have been emblematic of Britain’s bigger-picture problem with its long experiment in outsourcing government services – NYTimes
Broadcom’s upping the ante in its pursuit of Qualcomm – Bloomberg and WSJ
And finally, now that all the craziness of last night is over, let’s let Jeopardy! [and a very sassy Alex Trebek] give a bit of perspective to the whole event – Deadspin