Weekly Financial News Roundup for the Week of Jan. 28, 2018

What We've Been Reading - Week of Jan. 28

Markets & Economy:

• Tales from the bleeding edge of credit (WSJ)
  
• Report says U.S. is world’s second biggest tax haven (Bloomberg)
  
• After stock market rout, investors fear markets falling in lockstep (WSJ)
  

Asset/Wealth Management:

• #MeToo movement puts pressure on U.S. banks to disclose diversity date (Reuters)
  
• People are bragging about becoming 401(k) millionaires — and posting their balances to social media (MarketWatch)
  

Long(er) Reads:

• The mysterious private company controlling corporate America (Institutional Investor)
  
• Why You Can’t Quit Amazon Prime, Even Though You Maybe Should (Washington Post)
  
• Financial engineering killed the art of investing (Institutional Investor)
  

Alternatives:

• PwC: Sovereign wealth funds increasing allocations to alternatives (P&I)
  
• Renaissance hedge fund sees significant risk of market correction (Bloomberg)
  
• Why Illinois got out of the hedges (WSJ)
  

Media Industry and Journalism:

• L.A. journalism’s prince of darkness (Columbia Journalism Review)
  
• Adam Mousseri, Facebook’s head of news feed,i has become an unlikely good guy to publishers (Digiday)
  
• Tackling the Internet’s Central Villain: The Advertising Business (NYT)
  
• A gadget junkie, wearing his tech and covering deals (NYT)
  
• What reporters think when sources ask to see their articles before publication (Post Bulletin)