Subject: Share the View 2: Subplots Cloud Greek Drama
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Mon, 8 Jun 2015 12:48:41 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Jun 08, 2015

bloombergview.com=/a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2ozkn.=27u/VRGT8kmOb8sc32-7B440e" style="text-decoration:none;color:#00b9e7;lin=-height:1.6em">European Economy

Mohamed A. El-Erian: The main=protagonists of Greece's financial crisis have been the political leaders =ho, time and again, have managed to meet last-minute deadlines. "They unit=, usually at the 11th hour and, despite recurrent disappointments and unme= promises, skillfully manage to win over their skeptical and sometimes res=ive constituents, including easily rattled financial markets. But this pow=rful and, until quite recently, predictable formula is running into seriou= trouble." Read more.=.

Investing

Mark Gilbert: "For those alre=dy anxious about the health of the bond market, Deutsche Bank's decision t= defenestrate its co-chief executive officer Anshu Jain is a worrying deve=opment. ... As long as the bond market veteran Jain was serving as one of =ts co-CEOs, the Frankfurt-based institution was committed to the fixed-inc=me market even as other banks were reducing their headcounts and curtailin= their trading activities." Read more...

U.S. Economy

Peter R. Orszag: "News flash:=Senator Elizabeth Warren of Massachusetts ardently favors a policy change =hat could materially expand trade with Asia and lower the prices of foreig= goods sold in Boston and throughout the U.S. No, I’m not talking =bout the Trans-Pacific Partnership. I’m talking about the deepenin= of Boston’s port." Read more...

Terrorism

The Editors: "At last count, =rmy researchers in Utah had sent out live anthrax samples to more than 50 =abs in 17 states, Australia, Canada and South Korea. This mishap is all th= more disturbing because it comes less than a year after the Centers for D=sease Control and Prevention accidentally shipped live anthrax to three la=s not equipped to handle it. So it's worth repeating now the calls for ref=rm that were made then: The government has to change the way it deals with=deadly toxins and germ agents." Read more...

National Security

The Editors: =span class="topic-contributor-quote" style="font-family:Georgia, serif=font-weight:normal;color:#333333;font-size:17px;line-height:1.6em;text-tra=sform:none">"Late last year, intruders stole the records of some 4 million=U.S. government workers from a federal data center. The attack, disclosed =ast week and attributed to Chinese hackers, was linked to previous breache= at health insurers Anthem Inc. and Premera Blue Cross. And it included th= records of workers who had applied for security clearances. ... The U.S. =ould be within its rights to respond aggressively. It shouldn't. Restraint= though unsatisfying, is the prudent response." Read more...

Real Estate

Jonathan J. Miller: "The nine=figure home is becoming almost, well, commonplace: There are no less than =hree homes with asking prices of more than $300 million -- on the French R=viera, in London and in Monaco. ... Although these properties are technica=ly considered single-family residences, many will never be permanently occ=pied and their owners may never have to bother with the fuss of making a m=rtgage payment. In some cases, their owners may never even spend a night i= them." Read more...<=a>

Politics

Clive Crook: "Centrism isn't =ecessarily good, any more than fundamentalism is necessarily bad. It comes=in many forms -- pointless and productive, lazy and energetic, timid and b=ave. I'll grant its critics this much: Centrism rarely inspires. On the ot=er hand, the fact that it's neither childish nor stupid gives it a certain=edge. I expect it to survive a while longer." Read more...

Entertainment

Zara Kessler: "Musically, Tay=or Swift has much to offer both conservative country devotees and liberal =op enthusiasts. Politically, she is uncontroversial, striking a chord with=Republicans without offending Democrats. ... What should Swift do with thi= uncanny capacity to unite? Run for president." Read more...

Economics

Megan McArdle: "Ah, Scandinav=a, Nordic paradise. Nowhere else seems to so easily combine a very progres=ive welfare state with high levels of growth. It's no surprise, then, that=it is the darling of international indices of everything from happiness to=prosperity. ... Another point, however, is not raised often enough: There'= reason to think that the Scandinavians may be able to pair their high lev=ls of government spending with a decent growth rate precisely because the =.S. does not follow their lead." Read more...

U.S. Economy

Justin Fox: "Doing other peop=e's nails can be pretty crummy work, we all learned last month from Sarah =aslin Nir's epic New York Times investigation of the work conditions in Ne= York area nail salons. But it has also been a booming job category, as is=clear from the latest Bureau of Labor Statistics payroll-employment data."=Read more...

News Roundup

Barry Ritholtz (Read the news roundup)

Stock buybacks that hurt shareholders: Read more...

Calpers to cut external money managers by half: Read more...

Investors are finding more hybrid financial services that =ffer both custom advice and automated options. Read more...

Money Stuff

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