Subject: Share the View: Hiding Hackers and Buffett the Car Salesman
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Sat, 04 Oct 2014 03:02:42 -0600

Share The View
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The Latest Opinions From Bloomberg View

October 4, 2014

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TEch

Katie Benner: "When hackers broke into JPMorgan Chase's computer systems they nabbed name and contact information for 83 million households and small-business accounts. ... If 2014 was the year of the high-profile breach headline, 2015 may give us the year of the re-breach, with big brands getting publicly hit again and again."
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Middle East 

Daniel Gordis:"Yom Kippur is an ancient tradition. ... It is one of the few Jewish holidays utterly unconnected to a particular historical event. Until recently, that is. In Israel, the Yom Kippur War in 1973 changed all that."
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Immigration 

Francis Wilkinson: "More than 48,000 unaccompanied minors crossed from Mexico into the Rio Grande Valley in the past year. Children and adults leave a trail of possessions on the U.S. side of the river." 
http://click.email.bloomberg.com/?qs=7cbcfb9db8728038194823c6e9f4395838b6372ea0d23ef864aa64f98145ab5b 
Read the photo essay... 

http://click.email.bloomberg.com/?qs=c7f8737b4f6c1593c9b02837ce6ee1e67a0206f12009bf925bcfa443f25b95f6 
Cars 

Edward Niedermeyer:"True to form, Berkshire Hathaway's recent purchase of the Van Tuyl car dealership group has pushed up the share value of large dealership companies. ... But for anyone who thinks now is the best time to buy into car dealerships, a quick reality check may be in order." 
http://click.email.bloomberg.com/?qs=c7f8737b4f6c15930cc866c712eb760ea4bdc48b8a7f8c6bb2a274206d15e528 
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Midterm Elections 

Jonathan Bernstein:"Quick thoughts on some midterm developments: 1. Former Republican Senator Larry Pressler, running for Senate as an independent in South Dakota, seems to be a live candidate (albeit a Bateson class candidate)."
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Law 

Stephen L. Carter: "A federal court last week unsealed an opinion detailing a particularly egregious -- some would say horrifying -- series of missteps by the Drug Enforcement Agency. ... This time, the DEA turns out to have mistreated one of its own informants."
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Bonds 

Barry Ritholtz: "Bill Gross, founder of Pimco, and its chief investment officer for the past 40 or so years, resigned last week. Rumor has it that he was but two steps ahead of a mutinous gang, swords out, planning to make him walk the plank."
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http://click.email.bloomberg.com/?qs=c7f8737b4f6c159379ec8102bf0deb02623c90394df3816ad75b95039015dddc 
Real Estate 

Jonathan J. Miller: "It's pretty much universal knowledge that Manhattan real estate is expensive. What isn't so well known is what's happening at the top of the market: Price increases have been crazy."
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Federal Reserve 

Noah Smith: "The Fed, fundamentally, is a bunch of academics. ... Understanding econ academia is important to understanding the Fed. That means wading into the odd, brilliant, dysfunctional culture that is macroeconomics."
http://click.email.bloomberg.com/?qs=41c9aa49f51f2c0fb0443664369e116007b2cecded18a871bd93b7ac36152421 
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Work 

Megan McArdle:"The other day, I noted in passing that it is arithmetically impossible, except in some bizarre situation with little bearing on the real world, to make money by paying your employees more and thus enabling them to afford your products. Someone asked me to show my work." 
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http://click.email.bloomberg.com/?qs=41c9aa49f51f2c0f67ada78c73790d19c30f987ced9ff0ee687e86f9300ad203 
Europe 

Marc Champion: "Here's the trouble with mainstream political parties adopting the policies of xenophobic or isolationist insurgents to win back votes: You can't cherry-pick such things. You become them. This is happening to the U.K.'s Conservative Party."
http://click.email.bloomberg.com/?qs=41c9aa49f51f2c0fb7ae0bd4afe2035b9bc1c616fc396a0d5a97db8df4f97bdb 
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http://click.email.bloomberg.com/?qs=41c9aa49f51f2c0f480dd511a9357d2d6aa615adb275bf84086254d0640783dc 
Health 

QuickTake:"Abortion clinics are closing in the U.S. at a record pace. In four states -- Mississippi, North Dakota, South Dakota and Wyoming -- just one remains. ... The new strategy adopted by abortion opponents, and the court battles it has set off, may define how far abortion rights can be limited without being overturned."
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