Morning six-pack: What we're reading Thursday
Happy Thursday, and it's a very happy one for those who thought the Fed was going to turn the lights out on this five-year-long party, and were wrong. Here are the best reads, both of the taper and non-taper variety:
Pants on fire, Mr. President. The commander in chief's contention that this Congress is the first one to tie items not related to the budget to the debt ceiling is not particularly true. Not at all. (Washington Post)
Perhaps Fed Chairman Ben Bernanke has not been especially honest either in his fairly benign assessments of economic conditions. (Forbes)
JPMorgan Chase may be nearing an agreement to settle the "London Whale" imbroglio—for $750 million—but it will be investors who are left on the hook. (TheStreet)
The case for replacing Ben Bernanke with Janet Yellen essentially is that you wouldn't be replacing Bernanke at all. Of course, that's if you love Bernanke. (Reuters)
This has been a week for reflection at the demise of Lehman Brothers and the disaster it has wrought since. Here are 10 fascinating facts from that dark time in history. (The Big Picture)
And, finally ... while markets rejoice, Stanley Druckenmiller absolutely killed the Fed for its performance this week. CNBC's Matthew Belvedere explains.
—By CNBC's Jeff Cox. Follow him @JeffCoxCNBCcom on Twitter.