J.P. Morgan’s Dimon Says Big Is Beautiful WSJ. Dimon: “Banks are under assault.” Cheese with that?
Dimon warns breaking up JPMorgan would hurt US financial power FT. Dimon: “I wouldn’t want to see the next JPMorgan Chase be a Chinese company.” Really? What’s wrong with infesting the economy of a global competitor with lethal parasites?
Agents Raid Office Of Man Who Helped Inspire Hollywood Film CBS Miami. Film: The Wolf of Wall Street. Clue stick: Wall Street isn’t actually in Miami, and the 40 FBI agents (!) deployed in the raid might have been better employed going after big fish in their natural habitat.
What, Us Worry? Economists Stay Upbeat as Markets See Trouble Bloomberg. A “wall of worry.”
Inflation Doesn’t Hurt So Much, Does It? Bloomberg
Lower Oil Prices and the World Economy Conversable Economist
The End of TINA Jacobin
Let us hope for a Syriza victory Mainly Macro
It’s time we reconsidered the principle that states must always repay their sovereign debt London School of Economics
Big Brother Is Watching You Watch
Five Yemeni inmates released from Guantanamo Al Jazeera. I’m trying to recall cases where released Gitmo detainees were interviewed by the press, and I can only think of the Tipton Three. Odd that there aren’t more, or am I not recalling them? You’d think there’s be an alumni association, with reunions and so forth.
It’s Time to End Torture Lee Hamilton, HuffPo. Kudos, but who would be stupid enough to believe us if we said we had? There is only one way to do that, and that’s to put the torturers on trial, and convict them.
CIA finds no wrongdoing in agency’s search of computers used by Senate investigators WaPo. Attaboy, Evan Bayh, who led the “internal panel.”
Low-Hanging Fruit LRB. The show trial of the Holy Land Foundation.
German investigation of the cooperation between NSA and BND (III) Electrospaces
Falsehoods programmers believe about addresses Michael Tandy. Uber-nerdy, but if you want insight into the challenges surveillance warehouses face in getting useful information out of their big data in the general case, read it, and then use your imagination. One also might imagine a secondary market developing in glitchy addresses….
Are All Terrorists Muslims? It’s Not Even Close Daily Beast
Buchenwald concentration camp immigration plan criticised Daily Telegraph. Ooopsie on those optics…
Battling Global Unemployment: Too Soon to Declare Victory iMFdirect. “[I]n advanced economies, monetary policy should continue to support the recovery in demand and policies to reduce public debt must be as growth-friendly as possible.” Look! It’s a square circle!
London’s Poor Fetish The Baffler
Leaked Records Reveal Offshore Holdings of China’s Elite ICIJ. With handy chart.
Do Fashion Trends Still Exist? The Business of Fashion. It’s like there’s now HFT in coolness….
Thoughts on Violence Corey Robin
The Small Miracle You Haven’t Heard About Amid the Carnage in Syria TPM. Ignore the icky heart-warming title. Readers, can you contextualize?
Antidote du jour: