“An unprecedented look inside one of the most powerful, secretive institutions in the country. The NY Federal Reserve is supposed to monitor big banks and prevent another financial crisis. But when Carmen Segarra was hired, what she witnessed inside the Fed was so alarming that she bought a tiny recorder, and started secretly taping.”

The Secret Recordings inside the NY Federal Reserve – (This American Life)

[Tweet “”The Secret Recordings inside the NY Federal Reserve.”]

Podcasts:

Covenant Capital Long Term Trading – (Top Traders Unplugged)

The Rise of Podcast Networks – (Fast Company)

Hedge Funds:

Then and Now: The Hedge Fund Industry in 2008 and 2014 – (Preqin)

2 & 20 is Dead – 1 & 15 is on the Way Out… (Do you agree?) – (Pragmatic Capitalism)

“The Passive/Active Distinction is About Cost” – (Pragmatic Capitalism)

Asset Class Performance:

Which Assets Perform When Inflation Is Low? – (Financial Planning)

Bill Gross:

Bill Gross Leaves PIMCO – (Business Wire)

This is what “waking up the dead” looks like on StockTwits – (StockTwits)

Commodities:

Corn Trading Cheapest to Gold Since 1975 Signals Bottom (Can someone tell us why this isn’t technically correct?) – (Bloomberg)

The Natural Gas Boom Could Accelerate Climate Change – (FiveThirtyEight)

The Stock Market:

Opinion: Wild stock market ride is just beginning – (Market Watch)

Who’s getting rich off the stock market? – (CNN)

Ebola:

Is Ebola really the Cause of the Cocoa Move? – (Attain’s Alternatives Blog)

We’ll Probably Never Know If The CDC’s Grim Ebola Forecast Was Accurate – (FiveThirtyEight)

Chicago Stuff:

Does it seem like your bus is always late? CTA has the data – (Crains Chicago)

Capturing Chicago, Extreme views edition – (Timeout Chicago)

O’Hare regains half the crown as world’s busiest – (Crains Chicago)

Goose Island to close Wrigleyville location – (Redeye)

Just for Fun:

50 Years Ago, A Fluid Border Made The U.S. 1 Square Mile Smaller – (NPR)

Facebook Wi-fi Drone the size of 747 could Fly in 2015. – (NBC News)