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Footnotes: Morgan Stanley’s FINRA Fine; Tax the Rich, Say the Rich | 05.06.14

Prestigious schools get you paid but don’t make you happier Researchers found that attending a public or private school, whether it was elite or less selective, had little bearing on one’s feeling of well being or how engaged graduates were with their post-college work. Gallup defined well being based on measures of social, financial, and physical status, as well as how the survey’s 30,000 respondents rated their sense of community and purpose. The type of school graduates attended had little impact on whether they reported high levels of well being more or less across the board. [Quartz]

Groupon's sales are up but so are its losses [MW]

FINRA didn't like how Morgan Stanley sold some IPO stocks, so they got fined [NASDAQ]

The rich think the rich should pay higher taxes [LA Times]

Why did the federal government order over a thousand pounds of marijuana? [HuffPo]

$30M Long Island Mortgage Fraud Scam Busted, Feds Say Six men have been indicted on federal charges of allegedly conspiring to commit $30 million in bank fraud by inflating the prices of Long Island homes for sale over a six-year span. [Long Island Press]

France is gonna turn their economy around with tax cuts, or something [WSJ]

Looking for some distressed real estate in Baltimore? The city wants to talk to you [Baltimore Sun]

The NSA is now trying to recruit future spies using Twitter [Daily Mail]