Your daily dose of financial news - The Brief – 8.23.16

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Breakingviews says that Pfizer’s big plans to acquire Medivation are not all full of up sides – NYTimes

Streetwise takes a gander at the markets these days and finds them quiet.  Too quiet – WSJ

Japan’s hoping to regain some of its manufacturing glory, and it’s looking to the heavens in its effort to do so – NYTimes

Good thing the US economy appears to finally be firing on [nearly] all cylinders.  Because, according to Citi, if trouble strikes . . .  well, let’s not hold our breath about the Fed – Bloomberg

The 2d Circuit has refused the DOJ’s motion for reconsideration of the panel’s May decision overturning a jury verdict and accompanying $1.27 billion fine against Bank of America over its “Hustle” mortgage generation program – WSJ and Law360

The “mirage” of shadow banking in China, and what the underlying risks mean for banks’ “true asset quality” – Bloomberg

Kobe’s got some time on his hands now.  So why not a $100 million venture capital fund to keep post-NBA life interesting – WSJ

Finally, an answer to all of the plastic in single-serve pouches in grocery stores these days: milk.  Seriously – Bloomberg

I’m a little late to this party, but take it from this child of the 80s—you gotta get on the Stranger Things bandwagon – Forbes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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