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Can't-miss stories from the web
These things are coming to get you
The World Economic Forum sounds the alarm over income equality, government debt and climate change.
Wall Street regulator to boost its authority
Financial Industry Regulatory Authority chief Richard Ketchum tells the New York Times that he would ramp up scrutiny of high speed trading and a batch of complex products.
Fool me once
Argentine president Cristina Kirchner eschewed her presidential plane for a leased aircraft during a recent trip to Cuba, the UAE, Indonesia and Vietnam, lest she fall prey to nefarious hedge fund managers seeking to impound government assets as payment for outstanding debts.
The future of hedge funds?
Managed account platforms.
What should banking rules look like?
Here's one idea: Meaningful in measuring and limiting risk, hard for market participants to circumvent and credibly enforced by supervisors.
Shorting Ballmer made Gates even richer
As soon as Bill Gates gave up day-to-day control of Microsoft, he started selling his shares. Turns out it was a great decision.
(Jody White is the Web Editor for Streetwise.)