Newsweek. Maybe I’m just too much of a contrarian. We know DSK is aggressive, probably a predator, so the idea he did something seriously out of line is plausible. But we ALSO know this woman is a very skilled liar. She lied about a gang rape that never happened, so convincingly that she reduced some (presumably pretty hardened) listeners on the prosecution staff to tears. And we have the taped call to her buddy in prison in which she said (IIRC), “Don’t worry, I know what I am doing, he has a lot of money.” I’m concerned that if this woman is merely embellishing what happened, she does damage to the credibility of rape victims.
The Real News Network
Ambrose Evans-Pritchard, Telegraph
Bloomberg. This is LONG overdue.
al.com (hat tip reader May S)
Wall Street Journal. Major industry BS alert. Yes, Virginia, OTC derivatives trades were too often undercollateralized (in particular, credit default swaps, which as we have discussed ad nauseum, are not attractive economically to dealers if they are adequately collateralized). And they may not like cash, Treasuries, and agencies, but the alternatives are even less pretty. And we have this coming a week after the Obama propagandists were out blaring what a great success Dodd Frank was.
Elizabeth Drew, New York Review of Books
Phoenix Woman, FireDogLake
The Onion (hat tip reader Doug Tempstra)
DocG (hat tip Scott Fullwiler)
Antidote du jour (hat tip reader James B, and no I don’t have the backstory for this one):
But I do for this one! Richard Smith will be taking a yet to be determined two of these Bengal kittens. Poor momma cat. Richard notes, “She is eating and drinking rather a lot to keep up.”