Some stuff I read online 4/16/08

The market is trading up big today on beats by JP Morgan and Coke. Jamie Dimon of JPM is claiming the worst is over. I think the next day or two will tell when we start to see some more financials reporting. Citi reports on Friday before the market opens and as a holder of C, I am anxious to hear what Vikram Pandit has to say.

Here is today’s list of interesting articles I have read online.

The Wall Street Journal has a list of the 10 richest hedge fund managers and how they got that way. An interesting read.

How The 10 Richest Hedge Fund Managers Got That Way

Under the heading of “context is critical”, Fortune is reporting that Jack Welch took a shot at Jeff Immelt. I heard the discussion on CNBC this morning and while Jack did use the words Fortune is quoting, it was definitely not as bad as suggested.

Here is the Fortune piece: Welch takes shot at Immelt over GE miss

Here is CNBC’s page on the comments: Jack Welch: GE CEO Immelt Has 'Credibility Issue'. Jack also makes some interesting comments on GE that make it sound like a nice buy.

Thanks for reading…

Disclosure: Long Citi (C)