Financial and media news stories you may have missed last week

What We've Been Reading - Week of August 21

Markets & Economy:

• China to launch credit default swap market (Financial Times)
  
• Experts comment on whether reintroducing Glass-Steagall would make banking system safer (The Atlantic)
  
• The sharp costs of Brexit will be felt soon enough (Financial Times)
  
• Is passive investing bad for society? (Bloomberg)
  
• Years of Fed Missteps Fueled Disillusion With the Economy and Washington (WSJ)
  

Asset Management:

• Pensions: Low yield and high stress (Financial Times)
  

Long Reads:

• Deutsche Bank’s $10 billion scandal (New Yorker)        
  

Alternatives:

• Summer reading list of private equity industry insiders (PEI)
  
• Folger Hill hedge fund falters after pedigreed start (Reuters)
  
• Under pressure, Beechwood Re works to minimize Platinum ties (Reuters)
  
• Using hedge fund money, this startup bets big in Treasuries (Bloomberg)
  
• Apollo pays $52 million for misleading investors (NYT)
  
• Hedge fund trader who beat the feds (Fortune)
  
• Preqin: 1H/16 hedge fund outflows $34B, assets dip to $3.11 trillion (FinAlternatives)
  

Media Industry and Journalism:

• Lawyer for Melania Trump threatens defamation suits against news outlets (NYT)
  
• The impact of Gawker on modern media (NYT)
  
• ​An editor for The Economist writes about stories with bylines in the age of social media (Medium)
  
• ​Publishers worry about viability of branded content on Facebook (WSJ)