News: 2014-05-08

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Lenders race to join subprime car loan boom – FT.com

Mathias Döpfner’s open letter to Eric Schmidt

No, Housing Is Not Like Food – Forbes

Halifax reports fall in UK house prices for second month running | Money | theguardian.com

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Barclays to axe 19,000, cut Wall Street ambitions | Capital City | IFRe

Alibaba, ShopRunner to Team Up for China Service – WSJ.com

Tesla Reports Loss on Higher Research Costs – WSJ.com

SEC Official Describes Widespread Lawbreaking and Material Weakness in Controls in Private Equity Industry | naked capitalism

Amazon Dominated Online Retail Sales in 2013

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Putin Urges Separatist Vote Delay to Ease Ukraine Tension – Bloomberg

Fed’s Yellen Gives Fairly Clear Signal Reverse Repos To Be Made Permanent – Real Time Economics – WSJ

NATO members mull rearmament | World | DW.DE | 07.05.2014

Calculated Risk: Phoenix Real Estate in April: Sales down 12%, Cash Sales down 33%, Inventory up 49%

Morgan Stanley CEO: Independent True Investment Banks Are Dead

Developers Turn Former Office Buildings Into High-End Apartments – WSJ.com

Use psychology to beat professional stockpickers – FT.com

The coalition deceived us that wage growth has overtaken inflation, but Labour still needs a credible plan for the cost of living crisis – Business Comment – Business – The Independent

Opinion: Ukraine on the brink of civil war | Europe | DW.DE | 06.05.2014

Americans Raid 401(k)s, Replacing Home Equity Withdrawals as Way to Make Ends Meet | naked capitalism

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