Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.

Hedge funds

Hedge funds have badly lagged a 60/40 portfolio year-to-date.  (ETF Replay)

Are hedge funds going to get back to their swashbuckling ways?  (WSJ)

High frequency trading

Now some high frequency traders think the market is in need of reform.  (WSJ)

Is the SEC giving up trying to govern HFT?  (Quartz)

The C-suite

Why so many CEOs are “one-hit wonders.”  (Baseline Scenario)

The top five reasons CFOs cook the books at quarter-end.  (WSJ)

Banks

The NY Attorney General thinks Bear Stearns may have been selling bum MBS.  (WSJ)

Investors can’t get enough credit card-backed ABS.  (FT)

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