Subject: Share the View 2: Where Have All Our Wages Gone?
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Tue, 24 Mar 2015 13:08:56 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Mar 24, 2015

bloombergview.com<=a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2f3gl.=vd/VRA8jUmOb8sc310UB0c29" style="text-decoration:none;color:#00b9e7;line=height:1.6em">WORK

Megan McArdle:="In the 1970s, GM employed nearly a half million auto work=rs. Today, that number is more like a tenth of that. What happened?" <=pan class="topic-read-more" style="font-family:Arial, sans-serif;text-=ecoration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height=1.6em;text-transform:none">Read more...<=p>

WALL STREET

Matt Levine: "The=public stock markets are increasingly about capital return rather than cap=tal raising. Companies are going public later, and initial public offering= are now often=about cashing out earlier investors rather than raising money for prod=ctive enterprises. And the interaction between big S&P 500 companies and t=eir shareholders consists mainly of the companies giving money to the inve=tors, not the other way around." Read more...

DECLASSIFIED

Eli Lake: "evacuation of U.S. special =perations forces from Yemen is connected to Iran's regional strategy, =ook no further than Atheel al-Nujaifi, the Sunni governor of Iraq's Nineve= Province." Read more...<=span>

EUROPEAN ECONOMY

Mark Gilbert: "Wherever you look in financial markets, there's evidence =hat the euro zone economy is pitiable, while the U.S. is on a smooth traje=tory to recovery. Dig into some of the recent European economic data, thou=h, and there are surprising signs of life to be glimps=d on the continent." Read mor=...

LAW

Noah Feldman: "Critics o= the Supreme Court's conservative wing like to say it’s instinctiv=ly pro-business. The justices on Tuesday will test that proposition in a fascinating case about whether bankruptcy law instructs =udges to void liens on underwater properties. On one side lie the interest= of Bank of America, which is the petitioner and doesn't want the loans to=be 'stripped off,' that is, voided. On the other side is the plain statuto=y text, which says they should be." Read more...

EUROPE

Gilbert: "The bir=h pangs accompanying the year-long effort to merge France'= Lafarge with Switzerland's Holcim have been convulsive, to say the le=st. Trying to create the world's biggest cement company -- one likely to h=ve a market value of $48 billion -- has cost Bruno Lafont=/a>, the chief executive officer of the French company, his job." Read more...

CHINA

William Pesek: "Shanghai s=ocks rallied Monday, heading to their longest streak of gains since 20=7. What gives? Beijing is making the same mistake Washington did 18-plus y=ars ago by not clamping down on a stock-market boom that's based more on l=verage than reality." Read mo=e...

SPORTS

Kavitha A. Davidson: "NFL owners vote= to suspend the league's highly criticized blackout policy for one season,=which many commentators and lawmakers say was due to mounting political pr=ssure. Don't bet on it. When Commissioner Roger Goodell and his friends ma=e a major change, it's almost always to help the bottom line." Read more...

POLITICS

Albert R. Hunt: "On the =urface, Henry Paulson, the former CEO of Goldman Sachs and Secretary of th= Treasury under President George W. Bush, and Senator Elizabeth Warren, th= populist Democrat from Massachusetts, seem an unlikely team. But former R=presentative Barney Frank, co-author of the Dodd-Frank financial reform le=islation enacted in 2010, said he views Paulson and Warren as twin pillars=protecting the financial system." Read more...

News Roundup

Katie Benner (Rea= the news roundup)

Pinterest told employees that they�=99re allowed to hold onto their vested stock options for up to seven years=after they leave the company. Read more...

Ruth Porat will become Go=gle’s new chief financial officer, reports Bloomberg. Porat was pr=viously the CFO of Morgan Stanley. Read more...

Facebook has been in talks with media companies such as th= New York Times, BuzzFeed and National Geographic to host their content, r=ports the New York Tim=s. The company’s messaging app is transforming into a standalo=e platform, according to Read/Write. =/span>Read more...

Jonathan Bernstein =span class="roundup-chatter" style="font-family:Georgia, serif;color:#=33333;font-size:17px;line-height:1.6em;text-transform:none">

John Sides at the Monkey Cage on the nerds and the pun=its. Read more..=

Nice Jonathan Chait analysis of Ted Cruz, at New York. Read more...

Vox's Matt Yglesias makes=a good point about Cruz: His debating skills won�=99t get him the presidential nomination, but could hurt some other candida=e. Read more.=.

Barry Ritholtz (R=ad the news roundup)

Hedge Funds Are Boosting Tech Valuations to Dangerous Heig=ts (Bloomberg) Rea= more...

A Scary Movie: Filling Your 401(k) With Company Stock (NY Times) Read more...<=li>

50 Million Users: The Making of an ‘Angry Birds�=80� Internet Meme (Real Time Economics) Read more...

Levine (Read the=news roundup)

Hey did you hear that people are worried about bond market liquidit=? Read more..=

Elsewhere, banks are designating<=a> increasing chunks of their bond holdings as "held to maturity" securiti=s. Read more...<=span>

Here is an article with the headline =Despite Regulatory Advances, Experts Say Risk Remains a Danger to Large Ba=ks," and, right? That is the problem with risk: It's a danger. Read more...

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For media inquiries, contact Jill Watanabe at j=[email-masked].

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