Insurers Test Data Profiles to Identify Risky Clients Wall Street Journal. Consider:
A life insurer might want to scrutinize an applicant who reports no family history of cancer, but indicates online an affinity with a cancer-research group, says Mike Fitzgerald, a Celent senior analyst.
This looks like guilt by association. Join a cancer support group on behalf of a significant other and you get tarred too.
The Story Behind Obama’s Remarks on FDR Tom Ferguson, New Deal 2.0
A Hedge Fund Republic? Nicholas Kristof, New York Times (hat tip reader May S)
Banks accused of deceiving Nama Irish Times (hat tip reader Swedish Lex)
Caixin Online: China’s inflation data inaccurate MarketWatch. Quelle surprise!
Bernanke Translated David Wessel, Wall Street Journal
The Most Cost-Effective, Shadow Bailout of Wall Street: $30M Mike Konczal (hat tip Richard Smith)
What happens if Chinese growth slows? Michael Pettis. Persuasive.
Antidote du jour: