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Linkfest:June 03,2013

Some stuff I am reading today morning:

SAC sees investors pulling out $3.5 Billion (WSJ)

FM asks IT to avoid raids (BS)

The deterioration in Indian banks (Mint)

Pay TDS on property over Rs.50 Lakhs (ET)

A ponzi cattle and ghee scheme (BL)

Someone knew Narayan Murthy is coming back and traded on it (MoneyLife)

Why do we invest? (Monevator)

CBOT fines trader for losing money (Dealbreaker)

Talking to children about money responsibilities (Subramoney)

Smart and stupid arguments for active management (TRB)

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