Weekend Links 28th-29th Sept

Global Macro/Markets:

• US rules ‘endanger’ derivatives reforms – FT
• Pimco shook hands with the Fed – and made a killing – Reuters
• Soros Adviser Turned Lawmaker Sees Crisis by 2020 – Bloomberg
• Swaps Rules Worry Industry: Coming Regulations Have Market Players Concerned About Possible Disruption – WSJ
• Plutocrats Feeling Persecuted – Krugman

North America:

• Obama and Republicans remain poles apart as twin crises loom – FT
• Personal Income increased 0.4% in August, Spending increased 0.3% – Calculated Risk , ZH
• House GOP banking on Plan C – Politico
• JPMorgan Urged to Pay More in Mortgage Deal – NYT
• The non-falsifiable threats emerge: Shutdown Would Shave Fourth-Quarter U.S. Growth as Much as 1.4% – Bloomberg
• J.C. Penney Offers 84 Million Shares to Fund Turnaround – Bloomberg
• Janet Yellen’s confirmation – Economix
• Why markets should pray for a government shutdown – CNBC

Europe:

• Architect of Austerity: Schäuble’s Search for a Way Forward- Der Spiegel
• ECB: The usefulness of forward guidance – EU
• Coeure says ECB has easing bias, possible to cut rates – Reuters
• Germany as currency manipulator – Krugman

Asia:

• Fukushima Shows Catastrophic Potential of Privatizing Nuclear Power- Thruth out
• Population control is a big revenue source in China – NYT

Local:

• Indonesia fails to follow Coalition asylum-seeker script – TheOz and More
• What you missed: an incredible federal budget outcome – Pascometer
• National icon sale may help fix budget – TheOz
• Tony Abbott puts bubble trouble to bed – TheOz
• Private schools a burden on ratepayers: report – SMH
• Banks told to limit payout in case of crisis – AFR

 Other

• Giving it all up to be a Christmas Island ‘beachcomber’- BBC
• Hormone disruptors rise from the dead – Nature
• BlackBerry’s Torsten Heins has a $55 Million golden parachute – Reuters
• U.N. Members Agree on Syria Disarmament – WSJ
• U.N. Says Humans Are ‘Extremely Likely’ Behind Global Warming – WSJ
• Twitter.. something. – The Epicurean Dealmaker
• Former communications manager: ’There’s so much the public don’t get’ – Guardian
• Looks good on paper – The Economist
• Musicians have sharper minds: study – TheOz