It seems the Times has also seen a "bootleg" copy of Greg Smith’s Why I Left Goldman Sachs, and its take is in line with what we've read of the book so far: "Long on Mr. Smith’s reminiscences of the pleasures of the job—handmade suits, sashimi at 30,000 feet, strawberries at Wimbledon—the former Goldman salesman’s book does not break much new ground on illegal or questionable financial practices at the firm."

Morgan Stanley chief executive officer and noted compensation realist James Gorman is likely to miss performance targets that would have netted him nearly $6 million, according to Bloomberg.

Argentina has found a jurisdiction where it can hide from Paul Singer’s Elliott Management, the hedge fund that seized an Argentinean naval vessel earlier this month, according to The New York Post. The Swiss government refused Elliott's request to embargo Argentina's deposits in the Bank for International Settlements, arguing it had no authority over the so-called central bank for central banks.

Anthony Chiasson, the Level Global hedge fund manager facing insider trading charges, is seeking to draw his better-known partner David Ganek into court. As Dealbook explains, Mr. Chiasson's lawyers say Mr. Ganek's trading records are similar to those of his client; Mr. Ganek wasn't accused of wrongdoing, so the fact that the two partners made similar trades may raise doubts on the charges against Mr. Chiasson.

With SEC Chairman Mary Schapiro expected to step down in the months to come, Bloomberg looks back at the tenure of a woman who revived the agency yet failed to meet several stated objectives.

It was a good day for Italian and Spanish bond markets.

Business Insider has a great email exchange between Democrat Whitney Tilson and Republicans on his email list.

Ray Dalio isn't making friends in Stamford, Conn., says The New York Post, reporting that the Bridgewater founder ticked off locals with the surprise demolition of a boatyard to make way for the massive hedge fund's new waterfront headquarters.

Bill Ackman’s position in JCPenney has cost his hedge fund, Pershing Square, $900 million this year as shares fell 18 percent.

The government is investigating possible mortgage fraud at Residential Capital, the mortgage-lending unit of government-owned Ally Financial, Reuters reports. The Securities and Exchange Commission disclosed in court filings Monday that it had issued a formal order of investigation in February to probe ResCap's mortgage-bundling and underwriting practices. Ally, which is 74 percent-owned by the Treasury after a series of bailouts during the financial crisis, placed ResCap into bankruptcy proceedings in an effort to shed bad assets ahead of a potential IPO.

Barclays may face a criminal investigation into whether it properly disclosed details of a deal to raise capital with Qatar sovereign wealth funds during the financial crisis.

Morgan Stanley and Citigroup will allow more time for the appraisal of their joint-venture brokerage, Morgan Stanley Smith Barney. Investment bank Perella Weinberg was set to put a value on the JV this week, but will delay the decision until Sept. 10.

Prosecutors revised the indictment of Level Global Investors co-founder Anthony Chiasson and ex-Diamondback Capital Management portfolio manager Todd Newman, adding new counts of securities fraud pertaining to alleged insider trading in Nvidia Corp.

The Occupy movement isn't over "until the last person calls it quits and goes home, wherever home is," an organizer tells Bloomberg as the movement's Sept. 17 day of action approaches. This is proving to be the case in Hong Kong, where 10 or so protesters continue to hold out in HSBC headquarters.

Can Spain avoid Greece's vicious cycle?