Subject: Share the View: Big and Threatening
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 15 Mar 2013 03:02:34 -0600

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SHARE THE VIEW

A quick look at Bloomberg News's opinion section

March 15, 2013 For more, visit 
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www.bloomberg.com/view 

http://click.email.bloomberg.com/?qs=6227946316b52eca5a5f7bdcc0a09fb7fcd8535a417f8e6fb8382482f163ad7b 
FROM THE EDITORS» 

Whale: "In the U.S. Senate on Friday, legislators will try yet again to answer a question of great concern to the country: How did JPMorgan Chase & Co., a bank large enough to bring down the U.S. economy, rack up losses of $6 billion in a unit that was supposed to be managing its excess cash and mitigating risk? Allow us to suggest a follow-up question: Why should any bank be big and threatening enough to bring down the U.S. economy?"

http://click.email.bloomberg.com/?qs=6227946316b52ecaaafa24ab3a11899a8e961db9090e96b0efffc32d06d169c3 
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U.K.: "Next week, U.K. Chancellor of the Exchequer George Osborne will unveil his annual budget. Rarely has the country so badly needed bold new policies to generate growth. . . . The too-tight squeeze on fiscal policy is self-defeating. If the cycle of stagnation and austerity continues, the debt outlook will continue to worsen and markets will have more reason to worry, not less."

http://click.email.bloomberg.com/?qs=6227946316b52eca548164610a1bd9815872ae816c1539209c17b8d44ba86d69 
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COMMENTARY

http://click.email.bloomberg.com/?qs=6227946316b52eca26bd9730dc753bf54088ebae1f74edfc800c3a2043ab79c5 
Stephen L. Carter» 

"Contrast the endless and largely pointless chatter of the modern world with the minutes Pope Francis spent standing silently on the balcony before addressing the thousands in St. Peter's Square and the hundreds of millions around the world. The silence was beautiful and eloquent, projecting both a sense of peace and a sense of occasion."
http://click.email.bloomberg.com/?qs=6227946316b52ecaf4bee7ed52c3567c06da09b2286af94d273ff9120a74c5ee 
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http://click.email.bloomberg.com/?qs=6227946316b52eca6f8cffce53664414a2e2b5e4aa949cda6e14bc9f1e901f4b 
Jonathan Alter» 
"History sometimes has a way of tying itself up with a little bow. That's the way I felt in January when I introduced Scott Prouty, the bartender-turned-videographer who helped sink Mitt Romney's presidential campaign, to Teddy Goff, the 28-year-old director of digital media for President Barack Obama's re-election."

http://click.email.bloomberg.com/?qs=6227946316b52eca902b9f00213ac6c7daf9605ac0e3c8089a6e1910a23646e1 
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http://click.email.bloomberg.com/?qs=6227946316b52eca69554e151a9bf6bb98669b21df5aba2645ca67ec183a7f87 
Jeffrey Goldberg» 

"One of the reasons Obama is traveling to Israel next week -- the first overseas trip of his second term -- is to correct the impression, partly created in Cairo, that he doesn't understand Israel's history, and has no feeling for the underlying justice of its cause."
http://click.email.bloomberg.com/?qs=6227946316b52eca6851b9f9cf85ffdc0537f941f8ae184d3deb6030f715b228 
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http://click.email.bloomberg.com/?qs=6227946316b52eca3f31dec0653479b29b3b84c166cda41ad47cd96e2616a1b1 
Jonathan Weil» 

Dennis Lerner, a former tax director at Commerzbank AG in New York who pleaded guilty this week to public-corruption charges, "isn't too big to jail. But the bank he once worked for may well be, along with the other executives there who made his crimes possible."
http://click.email.bloomberg.com/?qs=6227946316b52ecac5e647ff34f17b68cbb7398a57b01c370260dad9e5f18567 
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http://click.email.bloomberg.com/?qs=6227946316b52eca1855ffbf3c4636f8efa5f4d4d4bd44ea2916998c22a91b41 
William Pesek» 

"Viewed from Seoul or Tokyo, the U.S.'s obsession with Iran looks unbalanced. No serious observer thinks a nuclear Iran is good for world peace, not with President Mahmoud Ahmadinejad's abhorrent anti- Semitism and threats to obliterate Israel. Yet the single-minded focus on Iran ignores a more immediate and provocative atomic threat: North Korea."

http://click.email.bloomberg.com/?qs=6227946316b52eca64e7cba46c1c3c33d237f27b50684e583f5c88e0dfecc8a5 
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http://click.email.bloomberg.com/?qs=6227946316b52eca9f12641cd6e9d01df6d37434de996b83b669071ea1bfd6c0 
Neil Barofsky» 

Banks are facing an unusual obstacle: credit-rating companies. They are now apparently refusing to bestow good ratings on bonds "whose representations and warranties will expire like stale milk. This is a problem for the banks because they need that stamp of approval in order to persuade large-scale investors to jump back into the mortgage-bond pool with them."
http://click.email.bloomberg.com/?qs=6227946316b52ecaea70ffbda1a8b9d32265f3e5c41318d01317bdb6560c418d 
Read More» 

http://click.email.bloomberg.com/?qs=6227946316b52eca9f12641cd6e9d01df6d37434de996b83b669071ea1bfd6c0 
Rajrishi Singhal» 

"After a brief lull, the strain in the fractious relationship between India's Finance Ministry and its central bank, the Reserve Bank of India, is back."

http://click.email.bloomberg.com/?qs=6227946316b52eca5e0b31340b69b63c9bb2b0422b4b89b1de9d4ed1a296b0bb 
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FROM THE BLOGS

The Ticker

http://click.email.bloomberg.com/?qs=6227946316b52ecaa09fa5edc8723d13691d2dc7322df197d6d496529a9c2d44 
Josh Barro on why Social Security is the best retirement saving vehicle 
http://click.email.bloomberg.com/?qs=6227946316b52eca043f19dbd022d5c22d422cec54847aca9d446022dd1da34c 
»

Echoes

http://click.email.bloomberg.com/?qs=6227946316b52eca8cb17336ba66f7f0b8efe3738d82b5f1450c597607f0aaac 
Peter Andreas on the Chinese infiltration across the U.S.-Mexico border 
http://click.email.bloomberg.com/?qs=6227946316b52eca043f19dbd022d5c22d422cec54847aca9d446022dd1da34c 
»

The Ticker

http://click.email.bloomberg.com/?qs=6227946316b52ecadeba46e409d0c0cb106e30490ab3eb719b3a288a81579aef 
Evan Soltas on why more Americans retire later in life 
http://click.email.bloomberg.com/?qs=6227946316b52eca043f19dbd022d5c22d422cec54847aca9d446022dd1da34c 
»

SHARE THE VIEW

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