Book alert: If the Internet isn’t the answer, what is? A review of Andrew Keen’s The Internet Is Not the Answer. (FT)

Quote of the Day

"Who needs the services of a massive bank? Governments, and multinational corporations. Other than that, banking can certainly be unbundled and taken care of by startups."

(Jeff Carter)

Chart of the Day

The stock market is waking up to the message of the higher risk credit sectors.