Link: Goldman Says Rule Curbing Counterparty Links Risks Jobs

Interesting article at BloombergBusinessweek:

"Goldman Sachs Group Inc. (GS) said a proposed Federal Reserve rule seeking to limit links between banks could cut U.S. economic growth by as much as 0.4 percentage point and eliminate as many as 300,000 jobs."


Live Occupy Wall Street Feeds (May Day), Market News Links

Herbalife down 23%!
Today was an eventful day.

Manufacturing Sector Expands In April For 33rd Consecutive Month, SPY Around April High Now

The market is up after the Institute for Supply Management reported a better than expected PMI (manufacturing) number for April (54.8% vs. 53.4% in March).

Infographic On Suburbia's Decline

Here's an interesting infographic on the decline of the suburbs designed by Megan Jett at ArchDaily. The sources have come to the conclusion that poverty, gas prices, and Generation-Y wanting to drive less and live in more "walkable/bike-friendly areas" are contributing to suburbia's decline. Sounds about right. So does rail save the burbs?