How long before we end up with one big, 24-hour, global securities exchange? (WSJ.com)

Not so fast, as politicians get involved in the issue of foreign ownership of exchanges. (FT Alphaville)

South Korea and Taiwan are set to move from emerging to developed status. (WSJ.com & IndexUniverse.com)

Emerging markets are not a ‘safe harbor’ asset class. (Market Movers)

Petrodollar recycling is becoming one hot meme. (MarketBeat)

LBO debt inventories in a rise with rising default rates. (FT Alphaville)

RiskMetrics Group looks to come public. (BloggingStocks)

CXO Advisory Group on research into the “characteristics of persistently outperforming hedge funds.”

Man cannot trade ETFs by fundamentals alone. (A Dash of Insight)

An interview with Robert Shiller. (IndexUniverse.com)

On “the wisdom of making poor financial decisions painless.” (Going Private)

Hedge fund and private equity managers “flood” the Forbes 400 list. (DealBook)

T. Boone Pickens discusses the spread of LNG-fueled vehicles. (Barrons.com)

Belgium on the brink. (IHT.com)

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