By lambert strether of Corrente.
Shocker: MF Global fund probe challenges “error” theory FT. Dear Jon: “Even Madoff had the class to run a proper Ponzi scheme requiring charisma, finesse, and time” Big Picture.
Cost of doing business: Source: Merrill Lynch agrees to $315 million MBS settlement Reuters (George Washington).
The mess in Washington: Big Food sinks its feeding tube into school-children. McClatchy (YS). Right wing headline generator Eli, FDL. D’s “Satan sandwich” starts tasting pretty good The Hill (YS).
Must read: The Occupy Movement has a RESTful API Atlantic. Interestingly, Roy Fielding’s well-known 2000 thesis, which characterizes the architectural style of the Internet as REpresentational State Transfer, shows how REST meets a requirement for “anarchic scalability”. (Simon St. Laurent)
Gas wars: Speaking of network effects, first-mover advantage for frackers (DLS). Delaware River Basin Commission postpones meeting to approve fracking regulations WSJ. Schneiderman weighed in Reuters; Obama punted Wayne Independent. No doubt ’til 2013, like Keystone. Also, too, Girl Scouts.
Occupations: Area man ticketed for two or three honks in support of Occupy Denver, Denver Westword. Mayor-For-Life Bloomberg and free and open-source Internet technology Motherboard. Mayor-For-Life Bloomberg and the free press RT, and Columbia Journalism School letter [PDF]. Mayor-For-Life Bloomberg and the rule of law Glenn Greenwald. And: VIDEO: Oakland Police Strike Army Ranger With Nightsticks On His Back, Ribs, Shoulders and Hands, Lacerating His Spleen and Causing Internal Bleeding (George Washington). “This Cannot Be the Way Occupy Ends” Charlie Pierce. No worries.
Eurogeddon: Eurogeddon (or not) in chart form MacroBusiness (DLS). Spanish indignados refuse to give either party their vote Reuters. “Nobody” leads Greek polls Reuters. EU staff threaten strike on austerity EU Business (Warren Mosler).
Burma BBC: Aung San Suu Kyi’s National League for Democracy party to register for future elections The Statesman (India).