$$$Nuns and vets lead €5m suit against Morgan Stanley [FN]

$$$Fortress to Buy 80% Of AIG Lending Unit [WSJ]

$$$ “I’m very pessimistic,” Nassim Taleb said at the Discovery Invest Leadership Summit in Johannesburg today. “By staying in cash or hedging against inflation, you won’t regret it in two years.” [Bloomberg]

$$$ The Right and Honorable Kerry Propper [NYO]

$$$ Steven Slater: The Ballads [DI]