Lambert Strether (Yves being on vacation).
Rapid Climate Changes Turn North Woods into Moose Graveyard Scientific American
Supervolcano Drilling Plan Gets Go-Ahead Science. What could go wrong?
“Is Insider Trading Part of the Fabric?” Gretchen Morgenson
Sell-side research isn’t inside information Felix Salmon
“Discord at Key JPMorgan Unit Is Faulted in Loss” Times
The Need For An Independent Investigation Into JP Morgan Chase Simon Johnson
BBC Interview with Nassim Taleb on JPMorgan Jesse: “The more I look into this and think about it, the more that Barack Obama’s ‘favorite banker’ looks like Enron in their heyday.”
Obama : “Unless you run a financial institution whose business model is built on cheating consumers or making risky bets that could damage the whole economy, you have nothing to fear from Wall Street reform.” I swear I’m not making this up!
Waters Challenges Khuzami on Securitization Fraud Task Force, Gets Revealing Answers David Dayen
Syndicate: If You Can Get It, Run The Other Way Big Picture. FaceBorg post mortem.
Chicago protests on eve of NATO summit raucous, peaceful Reuters
CPD: Terror suspects had planned firebomb attacks Local ABC. Helpful undercover policeman: “Hey, I just happen to have a source of jellied gasoline! And jelly jars, too!” Timothy McVeigh these guys ain’t.
NATO Summit: 3 Protesters Arrested, Charged with Conspiracy to Commit Terrorism National ABC. Nuance: Local says arrestees to attend black bloc demo; national says arrestees “proclaimed themselves to be” black block. Going with local, sensing oncoming and ugly moral panic. Honestly, it’s like watching an elephant panic at the sight of a mouse. Man up, global oligarchs!
“Student Strike” main page Montreal Gazette
Quebec student protesters find creative ways around controversial new law Toronto Star
“PLQ + Mafia = QC” (pictures) ; “Monsieur Trois Pour Cent” . Ouille !
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