peHUB Second Opinion 6.18

KaChing: Social networking for quant traders. (WSJ) Diligence Tip: Don't forget the gray hair. (Carried Interest) Ideas: Why not ban prepayment penalties on debt? (Rortybomb via Felix Salmon) Memes: It appears that Ahmandinejad is no good at Photoshop. (Boingboing) More Memes: Mildly humorous epitaphs for some of the larger bankruptcies of the year. (Reformed broker via Abnormal returns) S&P Off Scott-Free? Among the institutions not affected by the regulatory overhaul: The ratings agencies, accused of handing out oh-so-many AAA ratings. (Clusterstock)

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