Worth Reading

Personal Research Program

McKinsey asks Conde Nast for an across-the-board 25% cut to its expenditure budgets.

US M&A deal flow is on the rise, such as the Xerox-ACS deal (CNBC video).

The New Yorker‘s John Cassidy on the ‘rational irrationality’ of financial markets.

How private equity targets the vulnerabilities of integrated supply chains in America’s automobile manufacturing industry.

Australian strategist Paul Monk on the rise of the market state.

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New York Times and Slate obituaries on speechwriter and columnist William Safire.

TNR‘s Daniel Pauly poses a dystopian scenario: the ‘aquacalypse’ or end of fish.