10 Friday Reads - Letter From Berlin, SEC Head Backs Fiduciary Standards for Brokers, The CIA Just Declassified That Supposedly Justified, and more

• The Hierarchy of Alpha (CIO)
• Housel: What’s Wrong With Finance (Fool)
• American companies are running out of places to stash their insane pile of cash (Quartz)
• Letter From Berlin: Why Are the Germans So Hellbent on Austerity? (The Nation) see also How likely are capital controls in Greece? (Open Europe)
• A $250,000 Tour With One Aim: Get Chinese to Buy a Home (Bloomberg)
• Inside the Mad, Mad World of TripAdvisor (Outside)
• SEC Head Backs Fiduciary Standards for Brokers, Advisers (WSJ) see also Surprise: Your broker doesn’t work for you (MarketWatch)
• The Changing -- and Unchanging -- Structure of TV (stratechery)
• PowerPoint Karaoke Brings Stress Relief to Silicon Valley’s Embattled Office Workers (WSJ)
• The CIA Just Declassified the Document That Supposedly Justified the Iraq Invasion (Vice)

What are you reading?