Subject: Share the View 2: No Way to Run a Bankruptcy
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 31 Jul 2014 11:02:31 -0600

To view this email as a web page, go to the link below, or copy and paste it into your browser's address window.
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b5f9a6471af14abd681c99952d634875cb30147a9ae5a7795  

Please add [email-masked] to your address book.

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918ba9d10eb8c9c36e14c90632bcd4398a79b08458f87ba1f19c 
Bloomberg.com |
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b294dba31e43ce39d534703ce93e9938cf2b8dfd8831fb250 
Businessweek.com |
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bd06c5b3061fa4bae776b5e3b043790a1bce3dc32f11a4216 
Bloomberg TV+ 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918ba9d10eb8c9c36e14c90632bcd4398a79b08458f87ba1f19c 

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bbe6435f15e7fde970f969267af1621b3e8041b625df2f0e2 
SHARE THE VIEW

A quick look at Bloomberg News's opinion section

July 31, 2014For more, visit 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bbe6435f15e7fde970f969267af1621b3e8041b625df2f0e2 
www.bloombergview.com 

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b7c783842dc1bbc6ac34bd12f4dabba9b984ef8dd356a3293 
WALL STREET  

The Editors: "Following the twists and turns of the Argentine debt saga isn't good for one's sanity. Yesterday, the government defaulted on its debts. Or did it? It's not clear. What is clear is that this is no way to resolve sovereign-debt disputes." 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bea763dd206ba0dfefbc4854608d60f767bb2ebc22d285772 
Read more...  

Mohamed A. El-Erian: "Despite frantic last-minute negotiations, Argentina and its holdout creditors have failed to reach a deal that would allow the government to make timely payment on its sovereign debt. As a result, the country has solidified its standing as one of the world's worst serial defaulters." 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b69a1d72298ffa0dbb8e548a62deb0aaff18adb8cc3595987 
Read more...  

Matt Levine: "The holdout bondholders have been suing for a decade to get a better deal than the exchange bondholders. They've gotten the U.S. Supreme Court to agree with them. They brought Argentina to the brink of another default. And Argentina flew its economy minister to New York to say: No, we'd still prefer not to pay you. So now Argentina has defaulted, but it really did have everyone fooled." 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b86de44556528befcaa988f1657545fd1371cdf87d687b8aa 
Read more...   

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918be70759b15f5d5a11421037e5415af83becd8d6c249457fde 
GUNS  

Francis Wilkinson: The ruling reversing a federal court decision and upholding Florida's "gun gag" law, which prohibits -- sort of -- physicians from inquiring whether a patient has firearms in the home, "has all the gravity of a Daffy Duck cartoon. It exposes an insular gun culture, addled by paranoia and determined to shut itself off from even the most anodyne expressions of common sense." 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918ba454b0b43d4c369ffa879826449a56d41b9170b90c880915 
Read more...   

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b221d99217c683cf62aea2a2e22ac54fe22a4b0757c8932ab 
EDUCATION   

Margaret Carlson: A bipartisan group of senators "announced legislation to curb the scourge of sexual assault on U.S. campuses. ... The proposed Campus Safety and Accountability Act addresses the nonreporting, underreporting and noncompliance with the previously passed Clery Act, which requires schools to report crimes on and off campus." 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b674a49133d56e470d62ac1c4fac96bd088b4c188f32b66fd 
Read more...  

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b6a40a135ce131fd4df81a4a06d881a41e71f04bf9628830c 
REAL ESTATE  

Jonathan J. Miller: "Consumers rely on a monthly parade of reports to get a sense of the state of the U.S. housing market, thinking that the data offer near-instantaneous insights in much the way that a stock-market index does. Seeing housing this way is a mistake." 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b4820b40ee3d0ff275169c84535c302308abb853f08070299 
Read more...  

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b247446786de015cdca07eb67b281866e31a12555d00ecac0 
RUSSIA  

Mark Gilbert: "The dollar's status as the world's reserve currency of choice is pretty much a given. There's a chance, though, that recent events might just start to erode the greenback's dominance. OAO MegaFon, the Russian telecom company owned by Alisher Usmanov, the nation's richest man, has started shifting its cash away from dollars and euros as the U.S. and Europe accelerate sanctions against President Vladimir Putin and his empire." 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bc3442bc0f9c31c8c0186646778d9dc8f1814788b904eef64 
Read more...   

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bc9dc079429e55de474e0479187aa1ccef692328a0e4938b3 
TECH 

Leonid Bershidsky: "Ephemeral messaging app Snapchat, which has not made a cent in the three years since it was conceived in a frat house, is now reportedly worth $10 billion." It might really be worth it. 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b08adedc294ed470a34e815129bb68b02689c20bcf14b9de5 
Read more...  

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918be4d0faa4e38acc3e7a1d25f510b855c7a37f27b123056dd5 
CHINA  

William Pesek: "It's hard to keep a straight face as China accuses Microsoft of 'monopolistic behavior' and raids its offices in Beijing, Shanghai and elsewhere. What, that cartel known as the Communist Party suddenly has a problem with large organizations that dominate their particular sectors?" 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bca086c93b7580e2bc368208f9a32260c5dfc88f665125c60 
Read more...  

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b8ce2d4a86a5c428a50e280d749a3c4984aed422d05f85c71 
NEWS ROUNDUPS  

Matt Levine
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b701e2b7f767876ae0ab207369c8c5aa5c689709f0fa3865c 
(Read the news roundup)  

- The Hustle went poorly: 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b40a661b466af796f4dbd282afd8a3714bc57535c666f7a69 
Read more...  

- I enjoyed this story about New York agencies wrangling over how to split the billions of dollars that they were getting from the BNP Paribas settlement: 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b148861530082ae7a6deac2972bfb1053cf28921433304fa1 
Read more...  

- Private equity is buying a lot of companies from private equity: 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bd92f0702f80336d65d57d7780d2ba07fc5b8fa3f2dd2d565 
Read more...  

Barry Ritholtz
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b0477ff7c02747e8b461d9961722aeea02aa0d646c64bea67 
(Read the news roundup)  

- There's ALWAYS a Divergence 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b6fda9c7bc051529a27952926c1b095e58288689f1c95973c 
(TRB)  

- Hard Truth: Successful Investing Involves a Lot of Luck 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b6c4af8610b7154c4141f700ca3b313118965616008e7bc3e 
(Motley Fool)  

- Global QE Ends as China Opens Second Front in Bond Tapering 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b12e53be5edaf0105638cb8fb4ba143ed8d05ab418c4b6757 
(Telegraph)  

Jonathan Bernstein
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bfcc102062304e1578b0bf9e1bf8ee50e939e06fa84b030ac 
(Read the news roundup)  

- Jonathan Chait on the strange theory that Democrats deliberately wanted to make exchange subsidies conditional on whether states ran their own exchanges: 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bbd03c7702ad5a700fcfed4db01823f8b71a3b2765abf2566 
Read more...  

- Good catch from Kevin Drum: polling shows that many Americans believe Barack Obama has lost interest in the presidency: 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918ba7ae3569b8c485c5fbcdc10676069102578029d940b20f30 
Read more...  

- Kaiser takes a close look at the newly insured and the remaining uninsured in California: 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bb6fd4eabd32e60c058ff6090292e0f67925329ba69a1f54f 
Read more...  

SHARE THE VIEW

For more information, email 
mailto:[email-masked] 
[email-masked] .

For media inquiries, contact Farrell Sklerov at +1-212-843-8289 or 
mailto:[email-masked] 
[email-masked] .

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918ba452702e8f2e49ce0e9d32f8c0e298042d07bfc7f9a6156c 
Follow us on Twitter 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bda3ff36e569021a547e1c82d46e1ce060d2102748c94285c 

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918be07434d0a284337ebd07aa261c8e4582f0c23d355ee10109 
Like us on Facebook 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918be07434d0a284337ebd07aa261c8e4582f0c23d355ee10109 

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bb807f3e28cce34672cf37ed4fd51e14b5ac96d7db68bb2c2 
Follow us on Tumblr 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bb807f3e28cce34672cf37ed4fd51e14b5ac96d7db68bb2c2 

You received this message because you signed up for 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918ba9d10eb8c9c36e14c90632bcd4398a79b08458f87ba1f19c 
Bloomberg.com newsletters.

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bda7092fe905e4883336361672e6997ef78470bee60e40bc8 
Unsubscribe  |

Send to a Friend 

http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918ba9d10eb8c9c36e14c90632bcd4398a79b08458f87ba1f19c 
Bloomberg.com  | 731 Lexington Avenue, New York, NY 10022 | 
http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bb8614100ba548b47b2dc1360af412539166cc4e7a92ff0c0 
Contact Us 

----------------------------------------
	
	This email was sent by:
	Bloomberg L.P.
	731 Lexington Ave.
	New York, NY, 10022, USA
	
	We respect your right to privacy - visit the following URL to view our policy.
	( http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b4cac917a620e23634a99288dd8cb118d9cd5fe744b43a7db )
	
	----------------------------------------
	
	Visit the following URL to manage your subscriptions.
	( http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bad8e281e8420a640783439c87135d93f1056269460b53620 )
	
	Visit the following URL to update your profile.
	( http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918b5ee2129d42bbad52c2fc7d07f40f17a26cc17d2fc259a246 )
	
	Visit the following URL to unsubscribe.
	( http://click.email.bloomberg.com/?qs=4f5ad7e1b63c918bda7092fe905e4883336361672e6997ef78470bee60e40bc8 )