$$$Spain To Recapitalize Bankia After 4.45 Billion-Euro Loss [Bloomberg]
$$$Nomura’s Failed Global Ambitions [DealBook]
$$$That’s it for us today. We’re off Monday for the holiday, enjoy the long weekend and see you on Tuesday!
$$$Facebook hits new low after price target cuts [Reuters]
$$$ Here is some hedge fund Weltschmerz [FT]
$$$ Here is a really depressing story about student loans [NYT]
$$$ Some people still don't like PowerPoint [BBW]
$$$ "In general, rabbits preferred the higher resolution of the MacBook, whereas squirrels favored the larger screen of the Toshiba. Chipmunks were too hyperactive to linger around either device, even though I sprinkled the keyboards liberally with birdseed, which chipmunks seem to enjoy far more than birds do. I do not recommend this practice ..." [NYT]