Excellent: David Stockman on the Heinz/Kraft merger

Red-flags: FT-Alphaville on Rocket Internet’s corporate structure (also see my post on RI here)

This is how you deal with a crisis: Moscow major fires 3000 civil servants and cuts wages (Disclosure: Long RUB)

Not worth much: Interesting article on Piraeus bank and the “negative goodwill” item I discuss in my posts (h/t Klaus Kastner)