This Nonprofit Wants to Work With Syria’s Dictator: Eli Lake
published Jun 1st 2016, 7:31 pm, by Eli Lake (Bloomberg View) —In this turbulent election year, one constant theme for leaders of both major parties is a desire to build a global coalition against the Islamic State. Now a relatively unknown group is taking that message literally. On Wednesday, a
Matt Levine’s Money Stuff: Compliance Therapy and Software Rules
published May 31st 2016, 8:11 am, by Matt Levine (Bloomberg View) — Banks. One simple plausible story about the U.S. banking industry is that in 2006 it was fun and aggressive and wild and dangerous, and in 2026 it will be boring and sleepy and safe and utility-like, but in
Trump Says He’ll Win Lawsuit Over His Real Estate School
published May 31st 2016, 3:57 pm, by Chris Dolmetsch and Edvard Pettersson (Bloomberg) — Donald J. Trump claimed he’ll win a lawsuit alleging his namesake real-estate school swindled students as documents unsealed in a related racketeering case showed the hard sell given hesitant prospects. Trump University team members were told
Ex-Clinton Aide Mills Says She Didn’t Think E-Mails May Be Lost
published May 31st 2016, 4:54 pm, by Ben Brody (Bloomberg) — Hillary Clinton’s chief of staff during her time as secretary of state, Cheryl Mills, said she simply never thought about the prospect that some of Clinton’s private e-mail exchanges wouldn’t be retained under federal records laws. “I wish I
European Money Doesn’t Want to Go to Greece: Mark Whitehouse
published May 30th 2016, 1:00 am, by Mark Whitehouse (Bloomberg View) — Greece and its creditors may have averted a crisis by agreeing on the release of another dose of bailout money, but the deal does little to address a deeper problem: Europeans still don’t want to put their money
What’s Driving the Global Spread of Demagogues?: Pankaj Mishra
published May 30th 2016, 5:00 pm, by Pankaj Mishra (Bloomberg View) —In Austria last month, nearly half of the electorate voted for the presidential candidate of a party set up by former Nazis. The politics of fear unequivocally triumphed in Assam, a state in India’s northeast, where Prime Minister Narendra
Illinois Lawmakers Override Veto of Chicago Pension Break
published May 30th 2016, 5:48 pm, by Elizabeth Campbell (Bloomberg) —Illinois lawmakers overrode Governor Bruce Rauner’s veto of a law that gives Chicago a partial break on its pension payments to police and fire retirement funds. The House followed the Senate’s vote Monday to nix the veto. Rauner, a first-term
Finding Better Ideas to Rebuild the American Economy: Noah Smith
published May 26th 2016, 1:22 pm, by Noah Smith (Bloomberg View) — The just-published book “Concrete Economics,” by University of California-Berkeley professors Brad DeLong and Stephen S. Cohen, needs an expanded sequel — 900 pages long, with charts, data, theory and an exhaustive list of historical case studies. That book
Apple Riding to Big Media’s Rescue Is a Bad Plot Line: Gadfly
published May 26th 2016, 11:33 am, by Shira Ovide (Bloomberg) — Coming to a multiplex cinema near you, for the last 15 years: Big tech company swoops in to rescue a damsel-in-distress media company. Too bad it’s a meet cute that makes little sense. In a world where the lines
Trump Vows to Undo Obama Actions, Paris Deal in Energy Speech
published May 26th 2016, 4:27 pm, by Brian Wingfield (Bloomberg) — Republican presidential candidate Donald Trump said he would rescind “job-destroying” Obama administration environmental actions within 100 days of taking office and cancel a landmark international climate deal reached last year in Paris. “His policy is death by a thousand