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10 Tuesday AM Reads January 19, 2021 6:00am by Barry Ritholtz It is our 1,460th and final day of the Trump Administration. Finish strong with our morning reads: • The 15 most notable lies of Donald Trump’s presidency So many to choose from! These are the most consequential (CNN) see also President Trump made a total of 30,529 false or misleading claims over 1,455 days Orwellian is a word that gets tossed around too much but Trumpism embodied Big Brother more than any other movement outside of North Korea (Washington Post) • Why Stocks Don’t Care About the Coup The terrifying and deadly insurrection was both shambolic and pointless. Trump’s attempt to steal the election failed. Biden will become President, Dems will control Senate & House. That was the signal markets heard, dismissing the violence as mere noise. (The Atlantic) ....
10 MLK Day Reads My 3 day weekend reads: • His bike was stolen in Virginia. His response was to collect bikes to fix and give away to people in need. Pruitt, an assistant rector at the Church of the Holy Spirit in Leesburg, Va., posted on a private Loudoun County Facebook page that he’d fix anyone’s bicycle free. In the post he also said he was accepting unwanted bikes, which he’d fix and donate to people in need. He ended with: “Hope and pray this bike met the need of the person who took it.” That day, he received about 30 bicycles at his townhouse. After his next post, about 500 people expressed interest in either donating bikes or having Pruitt fix them. (Washington Post) ....
10 Thursday AM Reads My morning tHe fUtUrE oF mOnEy Don’t Forget Your Bitcoins: One thing that soothes this envy is reading about people who bought Bitcoin early for nothing and are now theoretical centimillionaires but lost their private keys and can’t access the money. (Bloomberg) • SPAC Mania Gives Early Investors Steady Returns With Little Risk Hedge funds score gains when blank-check companies rise after announcing deals to take startups public (Wall Street Journal) • Who Said Art Is Only for the One Percent? Marian Goodman Gallery and MoMA are reviving interest in multiples art produced in affordable editions for the ’60s middle-class. Now, some artists are taking up the cause. (New York Times) ....
Northwestern Now Janna Blais will serve as interim vice president for athletics and recreation Northwestern University today announced the formation of a search committee to identify the next leader of Wildcat athletics and recreation. James J. Phillips, the Combe Family Vice President for Athletics and Recreation, will become the next commissioner of the Atlantic Coast Conference (ACC) in February. Janna Blais, deputy director of athletics for administration and policy, will serve as interim vice president for athletics and recreation upon Phillips’ departure in February. Janna Blais “As we celebrate 13 magnificent years of service from Jim Phillips and wish him the very best in his new duties as commissioner of the ACC, I’m thrilled that Janna Blais, who has been a key leader here for more than a decade, has agreed to serve in the vice president and athletic director role on an interim basis,” said President Morton Schapiro. “I have full confidenc ....