What Jeff's reading today: Jail time for adviser who ripped off her NFL linebacker client, plus: the taper question, 98% chance of a market crash next year, the yen-dollar trade, New Yorkers dodge taxes, and (surprise!) Congress wastes your money.
Big investor appetite leads to sparkling debut for latest initial public offering, Noodles & Co.
Other municipalities cancel offerings, but credit quality is unaffected
Financial pros find themselves in unfamiliar territory related to the fiscal collapse
Nail-biting seen ahead of FOMC meeting, quarterly GDP report, jobs data
Offering uses strategy modeled after existing SMA; alternative to long-short equity investing
Fund assets now up to $2.41T; investment gains the big contributor.
Fear-monger logic falls short