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Tuesday Headlines: Lending Club receives subpoena from Justice Dept.
By Matt Stichnoth,
New York Times: Lending Club, Already Troubled, Receives Justice Dept. Subpoena
Bloomberg: Shadow Banks Make Diciest Loans While Wall Street Retains Risk
Minneapolis Star-Tribune: At Minneapolis Fed, economists see risks in big banks but reject breakup strategy
Wall Street Journal: SEC, Treasury Push for Centralized Reporting of Treasurys Trades
Chicago Tribune: Chase changes overdraft policy: No credit cards for backup funding
New York Times: SigFig, an Automated Investment Firm, Will Team Up With UBS
Minneapolis Star-Tribune: Tax on bank debt proposed at Minneapolis Fed meeting
Bloomberg: BlackRock’s Fink Expresses Concern About China’s Rising Debt
N.Y. Post: Why Wall Street isn’t calling the market’s struggles a recession
Bloomberg: U.S. Discloses Saudi Holdings of Treasuries for First Time
N.Y. Post: Buffett makes $1 billion bet on Apple
Wall Street Journal: New From Credit Suisse: Bonds for Self-Inflicted Catastrophes
New York Times: Dispute at Xfund, a Venture Capital Fund, Bursts Into the Open