US hedge funds report their quarterly holdings. DealBook provides the highlight reel. [DealBook]
Facebook's 'Frenemies': In Silicon Valley, the line between partner and competitor is a thin one.
—and those costs are creeping into consumer goods. [NY Times]
After much high-minded discussion of allowing states to file for bankruptcy, the backlash against that option has begun in Congress. [CNBC via FT]
Bahrain's "Day of Rage" leads to clashes with police—and deaths. [Financial Times]
Reuters gives advice on avoiding 'a Madoff' when picking your financial advisor. (One suspects the advice would have been equally welcome prior to 'The Madoff'.) [Reuters]