An apparent theft at Mt. Gox has shaken the Bitcoin world, per a report by Nathaniel Popper and Rachel Abrams at the New York Times. The Atlantic's Matt O'Brien further elaborated, "Somebody stole 6% of all Bitcoins from Magic The Gathering Online Exchange, aka Mt. Gox." Business Insider's Josh Barro sardonically mused, "It's almost like currencies should be issued by governments and flow through regulated banks and exchanges." Mediabistro's Patrick Coffee couldn't resist adding, "Much Bitcoin theft. Very scandal. (Did I do that right?)" Well, maybe if we were talking about dogecoin ...
At the Wall Street Journal, Gregory Zuckerman and Kirsten Grind give us an inside look at the showdown atop Pimco, the world's biggest bond firm. The Guardian's Heidi Moore reflected, "This is also, although it doesn't say so, the story of how QE is destroying bond trading."
Plus, as eulogies for writer and actor Harold Ramis continue to proliferate, so do the reflections on his iconic film Ghostbusters. First, behold a twitpic of FDNY Hook & Ladder 8 -- the setting of "The Ghostbusters House" -- where they're honoring Ramis by displaying this in his memory. Wondering why we've included this under "monetary matters?" Because Quartz's Matt Phillips points out that Ghostbusters is the greatest movie ever made about Republican economic policy. Colleague Tim Fernholz urges, "Read @MatthewPhillips on how Ghostbusters is really about Reaganomics—the villain, after all, is the EPA."
Also, remember that mysterious Goldman Sachs elevator gossip account everyone loves to hate-tweet? Well, it's a fake -- sort of. Or at least, NYT's Andrew Sorkin's exposé reveals the account holder was never in the GS elevator when he posted the tattletale tweets, nor is he a GS employee. This is where he's actually been. "Catfish, professional grade," CNN's Jonathan Wald decided.