Morning six-pack: What we're reading Monday
Happy Monday. Seems this "six-pack" concept is getting popular. Just ask the New York Giants, who had a six-pack of turnovers Sunday evening. Go team!
Though it's only Sept. 9, get ready for an outpouring of media reports chronicling the world five years after the Sept. 15, 2008, Lehman Brothers bankruptcy (yes, I've got one that drops later Monday). One of the occasion's best is this Dealbook look at why so few Wall Street kingpins ended up wearing prison stripes for their actions that precipitated the financial crisis.
Markets don't seem particularly concerned about Syria, but President Barack Obama continues to mull the political calculus of getting a strike approved in Congress. Looks like the Senate will be his best bet in a strategy that could depend on getting approval from just one side of Congress.
Techies were abuzz last week over the prospect that Amazon would be releasing a smartphone and making it available at the bargain-basement price of ... nothing. Turns out there will be no Amazon phone, which, in a sense, means that no one will have to pay for said device.
Speaking of smartphones. ... It's well to remember that Big Brother continues to be watching you, and easily can hack its way into your iPhone, 'Droid et al.
High-frequency trading rules the markets today, yet the scariest part may well be how little we know about it. Schroders takes a crack at understanding it all, but be prepared: You're going to have to know some serious math.
Looks like Mitt Romney was at least close to right, at least in regards to people who pay taxes. His "47 percent" estimate of those who don't pay federal taxes has slipped a bit, though, down to 43 percent. CNBC's Allison Linn explains.
—By CNBC's Jeff Cox. Follow him @JeffCoxCNBCcom on Twitter.