Monday morning readings

- Trend has been a friend since David Ricardo (Au.Tra.Sy).

- PIMCO is net short U.S. Treasuries (Yahoo! Finance).

- Barry Ritholtz updates his great list of trading books, rules, and aphorisms (The Big Picture).

- Commodities behemoth Glencore to make a record listing in London (Financial Times).

- Barry Eichengreen believes in a more stable world, but possibly only after three more crises (Project Syndicate).

- Raghuram Rajan and the three paths for indebted democracies. None of them looks particularly sanguine (Project Syndicate).

- Globo TV's Glória Maria went to Singapore to interview the legendary Jim Rogers. It's priceless to watch a multimillionaire bringing the kids from school cycling in the rain while some in Brazil say it's "impossible" to grow a child without a full-time nanny (Globo, audio in Portuguese).

- New economic thinking = reading old books (Mark Thoma).

- Iceland rejects another deal to compensate Icesave creditors (WSJ).

- The tight race for Peru's presidency (El Comercio).

- Another great director leaves the world without winning an Academy award: Sidney Lumet. His most famous works (Telegraph) and his paradoxical connection to the Reaganism (New Yorker).

Comrade Renato, tortured and banker

Meet the second most famous former VAR-Palmares guerrilla (the first is called Dilma Rousseff and is president of a country south of the Equator): Persio Arida, one of the greatest Brazilian economists, former president of Brazil Central Bank and one of the main partners of BTG Pactual bank. At 18, in 1970, Persio was arrested and tortured by the military dictatorship. The thrilling story (though I didn't like the style), totally unknown till now, is the chapter of an autobiography to be released yet this year, and fills a good part of the latest piauí magazine. It's not yet on the website, it'll probably appear there soon (in Portuguese), and it's definitely a worth reading.

Carlos Slim and Eike Batista are out

Scrooge McDuck is back at the top of The Forbes Fictional 15. Well... depending on the criteria, mr Eike could be at that list, too.