My end-of-the-work-week reading material:

• How to Be an Index Investor (Rick Ferri) see also The Inspiration for John Bogle’s Great Invention (MarketWatch)
• Big Company CEOs Just Aren’t Worth What We Pay Them (Forbes)
• Of Brokers and Bankruptcy (Reformed Broker) see also Finra deletes brokers’ red flags, says bar association study. (WSJ)
• Eisinger: When Regulation Threatens, Bankers Predict Doom for Main Street (ProPublica)
• Valuation Multiples at Bull-Market Highs (Dr. Ed’s Blog) see also Massive Overstatement of Profits? (The Case for Concerted Action)
• U.S. Employers Experiencing Smallest Increases in Health Care Costs in 15 Years (Towers Watson)
• The Inside Story of How the White House Learned to Love the Minimum Wage (WonkBlog)
• Harry Reid Has No Apologies (Politico) see also Why Harry Reid Is Waging War on the Koch Brothers (Talking Points Memo)
• Martha Stewart Has Some Very Specific Sex Tips (Cosmopolitan)
• One World Trade Center: The Top of America (Time)

What’s up for the weekend?

Companies Rush to List Shares: IPOs Highest in Years


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Barry L Ritholtz at