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Worth Reading

Meredith Whitney predicts predatory lending will rise.

The Brits look to charge a super-tax of 50+% on banker bonuses.

Tyler Cowen on how universities might actually start to value teaching prowess.

Paul Volcker has serious doubts about the benefits of financial innovation.

But Eugene Fama concludes that innovation "should be a good thing."

Is there a link between monetary policy and risk-taking?