Subject: Share the View -- German Banks on the Dole
From: "Bloomberg View --" <[email-masked]>
To: <[email-masked]>
Date: Thu, 24 May 2012 05:00:00 -0400

Share the View -- Bloomberg View
A Quick Look at Bloomberg News's Opinion Section for May 24, 2012

Share the View -- German Banks on the Dole

PANAGIS VOURLOUMIS: “Greece is going through one of its periodic
self-mutilations.” The parties that took power in the May 6 elections
are “led by unscrupulous ignoramuses” who are pledging themselves to
policies that will drive Greece out of the euro. http://bloom.bg/JW26di

EZRA KLEIN: “Why are we talking about Bain Capital again?" Because by
focusing on Bain, both the Romney and Obama camps can avoid talking
about the record neither wants to acknowledge: Romney's tenure as
governor of Massachusetts. http://bloom.bg/JW23hO

CAROLINE BAUM: Arguments for more regulation after JPMorgan’s $2
billion trading loss distract from “the real goal of financial
regulation, which is not to protect the banks, but to shield taxpayers
from the cost of any institutional failure.” Adequate capital
requirements would do more good than dozens of more complex
regulations. http://bloom.bg/JW2Zmo

JUNHENG LI: China is a “giant black box” of misinformation. “To this
day, many Chinese people uphold that Mao did not know millions of
people were starving during the Great Leap Forward.”
http://bloom.bg/JW27Ox

CLIVE CROOK: It's not hard to see why Europe is coming undone: “French
grandiosity, German shame, and a universal law of bureaucratic
self-aggrandizement.” http://bloom.bg/JJ3HEH

JONATHAN ALTER: The 2012 presidential campaign may end up being cleaner
than expected as both sides ignore distractions and focus on the
economy. “Distortions and outright lies will be mostly about the
candidates’ records and positions, not their race, religion and
standing as patriotic Americans.” http://bloom.bg/JW28C6

THE EDITORS: Irrational exuberance -- and a host of mistakes -- marred
Facebook's IPO this week. With the stock trading at $32, individual
investors who sat out the frenzy are looking like "the smart money."
http://bloom.bg/JWg2nQ

And in Europe THE EDITORS write, “taxpayers have provided as much
financial support to Germany as they have to Greece” -- something
German Chancellor Angela Merkel should keep in mind as she covers the
bets of German banks and risks the survival of the currency union.
http://bloom.bg/JW0Vuu

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