Remember the suggestion a few weeks ago that Yahoo ditch its core business altogether and focus  on its Alibaba stake?  Well, it wasn’t just a fleeting idea. Yahoo’s board puts all options on the table later this week – WSJ and NYTimes

The Bank of England’s called out two of the UK’s largest lenders—RBS and Standard Chartered—for their weak (though passing) performance in the BOE’s latest stress testing. All banks measured this time around met the common equity Tier 1 ratio to risk weighed assets requirement of 4.5% – NYTimes

JPMorgan will continue to face charges that it misrepresented the quality of loans in a $1.9 billion MBS trust after a NY state appellate court affirmed a lower court ruling that found that JPM’s pooling & servicing agreement (PSA) warranted the representations of the loans’ quality made by their originator – Law360

To keep its QE going at the clip it likes, the European Central Bank may have to start breaking some of its own rules (like buying only bonds with higher yields than the bank itself pays, for example) – WSJ

A bit more on the Congressional Republicans’ row with the CFPB through the lends of the auto finance industry – NYTimes

The SEC’s taking a deeper look at trading of pre-IPO shares, with a particular focus on “companies that help technology-firm employees and others resell their shares” – WSJ

A stronger US dollar and weakened global demand finally caught up with US manufacturing in November, pushing the Institute for Supply Management’s national factory index to its lowest reading since June 2009—a sub-50 mark that indicates the first month of manufacturing contraction in 3 years – NYTimes

Bill Ackman’s smiling somewhere (well, probably not, but perhaps smirking), with Valeant’s shares flirting with the $100 mark as a 2-week rally continues – WSJ

Santa Claus rally time already? – Bloomberg

Granted it’s only a few days old, but so far my paternity-leave effort would NOT put me among those included in Oldstone-Moore’s “Of Beards and Men.” Now the “True Style” part . . . that’s a different matter altogether – NYTimes

More than a few reasons to be a little suspicious of MTV’s effort to bestow a name on the post-millennial generation (not the least of which includes the channel’s own struggles for relevance and the fact that it basically asked the group what it wanted to be called), but on the off chance it catches on, prepare to say hello to The Founders – TIME