* Reed Hastings: Explanations, reflections & changes
* Big deal: Goodrich ($11b market cap) is getting circled
* Paul Volcker: A little inflation can be a dangerous thing
* James Stewart: How Jerome Kerviel gamed the banking system
* Morning Call: U.S. futures point lower, London falls early, European shares retreat after failed euro zone meetings and Hong Kong shares slump.
* Kelly Bit: Has John Paulson lost his touch?
* Tom Braithwaite: Fears over Volcker Rule exemptions
* Pooja Nath Sankar: 10 surprises of a first-time entrepreneur
* Couch Potato Olympics? What could America be good at?
* Henry Blodget: GOP arguments against a “millionaire’s tax” are preposterous
* Get Term Sheet: Sign up for our daily email on deals & deal-makers
* Innovation: New catastrophic bonds to cover exceptional lottery jackpots
* Too big to win: HBO adaptation of Sorkin’s book gets shut out at the Emmys. Full winners list here.
* Tweet of the Day @AndrewParker If sold to PE, the first thing Qwikster should do is launch a streaming service ;)