Links, 8/17/11

I guess it takes a lot of smart kids from other countries to show us what assholes Hershey is–and to teach us about solidarity.

I assume you’ve already read the Matt Taibbi piece revealing that the SEC has been destroying records of its preliminary investigations, effectively giving serial problem corporations an apparent clean bill of health. If you haven’t read it, go do so. But you should also read Felix Salmon on Taibbi’s piece; he points out that while the traditional media is discussing Chuck Grassley’s response to the story, most are not pointing back to Taibbi’s own article describing what it’s all about.

I’ve seen predictions the student loan bubble was going to crash for some time–even before it became clear that recent graduates aren’t getting jobs. That crash is getting much closer, as delinquencies rise.

After the Knights of Columbus got bullied to accept the $8.5 billion settlement with Bank of America, the trustee, Bank of NY Mellon blew them off. So now the KoC have expanded their suit challenging the settlement, including breach of fiduciary duty, based on claims BNY Mellon botched the foreclosures.

Blackwater: still spying in Afghanistan.

This is actually a sweet story. A Chinese-American businessman named ZhaoHui Tang saw Gary Locke in the Seattle Airport on his way to his new job as Ambassador to China. Locke was carrying his own knapsack, buying his own Starbucks coffee. So Tang took a picture and posted it to a Chinese social media site, where it was a big hit because it showed Locke in such a down-to-earth light.

A few weeks back, Joe Klein reported that Obama was reading Nixonland. At the time, I saw Rick Perlstein tweet that he hoped Obama took the right message from the book. Here’s Rick explaining what that message should be (the answer? emphasizing how Democrats have helped real people).

Lee Fang reports that the Darrell Issa staffer who probably wrote a letter complaining about margin requirements for derivatives used to work for Goldman Sachs.

Rortybomb has the best post on the “Texas miracle” I’ve seen. Short version: it didn’t have a housing bubble and therefore hasn’t deleveraged like similar states. I still think you have to add in the oil industry (not least to distinguish TX’s success from OH, MI, and PA’s woes in that very first graphic.

Tweet about this on Twitter1Share on Reddit0Share on Facebook1Google+0Email to someone

23 Responses to Links, 8/17/11

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23

Emptywheel Twitterverse
bmaz @isamuel @copiesofcopies @OrinKerr I agree. Theres significant nuance here. Frankly, I think WAY too much. 4th+5th Amendments mean something
16mreplyretweetfavorite
emptywheel @billmon1 After first implicating the woman who accepted the video fr cops and then killing hotel security in process.
17mreplyretweetfavorite
emptywheel @billmon1 A cover up of cover up! But yes. It is rather remarkable they still haven't solved 2rd worst terror attack since 9/11, in't it?
20mreplyretweetfavorite
emptywheel @LOLGOP Cleaned out uncle's basement last year, who did comms for space program. Really hit home that Apollo didn't even have an iPhone.
24mreplyretweetfavorite
emptywheel @billmon1 I really have to write the "summary for sports people" of the anthrax "Investigation" don't I?
25mreplyretweetfavorite
emptywheel @normative Still haven't forgotten oddly timed ones in 2005-06, including IIRC 2/24/06.
28mreplyretweetfavorite
emptywheel @normative I double checked it. It's not yet rolling off the tongue, in part bc I had long confusion abt Feb opinions.
29mreplyretweetfavorite
emptywheel @darth I like to imagine they showed draft to him just as he started, explaining 20 minute delay. @DVNJr @ESPN @nflcommish
30mreplyretweetfavorite
emptywheel Shorterthe Ravens: We'll respond to @DVNJr skewering of us. It's gonna take few days to practice newly operative stories our lawyers write.
31mreplyretweetfavorite
emptywheel @normative I think there's a 2/19/13 John Bates opinion that's proof of concept, no?
33mreplyretweetfavorite
emptywheel @nycsouthpaw Damn. That would be superb. Edgar Allen Poe describes the NFL billionaires & their flunkie playing Lord of the Flies.
35mreplyretweetfavorite
emptywheel RT @nycsouthpaw: Quoth the Ravens: "next week in Baltimore." http://t.co/sc3ia47v1d
36mreplyretweetfavorite
August 2011
S M T W T F S
« Jul   Sep »
 123456
78910111213
14151617181920
21222324252627
28293031