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12:30 PM ET, November 29, 2008

memeorandum

 Top Items: 
Suketu Mehta / New York Times:
What They Hate About Mumbai  —  MY bleeding city.  My poor great bleeding heart of a city.  Why do they go after Mumbai?  There's something about this island-state that appalls religious extremists, Hindus and Muslims alike.  Perhaps because Mumbai stands for lucre, profane dreams and an indiscriminate openness.
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New York Times:
Mumbai Terrorist Siege Over, India Says  —  MUMBAI, India — The full scope of the horror and desperation of the terrorist attack on Mumbai began to come into focus on Saturday after Indian commandos finally took control of the last nest of resistance.  —  The Mumbai police said Saturday afternoon …
Anmol Saxena / Aljazeera:   Oh, Mumbai!  —  India is mourning its dead but also asking why [EPA]
Mike Atherton / Times of London:
Bombay: wealthy owe lives to hotel's cummerbund heroes
Discussion: Corrente
William Kristol / Weekly Standard:
Before He Goes  —  What President Bush could accomplish in his final days in office.  —  Amid the cold gusts of winter, Republicans will soon be ushered out of power after controlling Congress, the White House, or both for 14 years.  Here's a further chilling thought: Since 1896 …
Discussion: Washington Monthly and The Heretik
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Myglesias / Matthew Yglesias:
Nobody Could Have Predicted...  Robert Rubin speaks up for himself: … This seems like a pretty serious dodge here.  Presumably the reason the top executives at a giant financial services firm get paid such extravagant salaries is that it's their job to be prepared for the stuff that “nobody” is prepared for.
Discussion: The Big Picture
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Wall Street Journal:
Rubin, Under Fire, Defends His Role at Citi  —  ‘Nobody Was Prepared’ for Crisis of '08  —  Under fire for his role in the near-collapse of Citigroup Inc., Robert Rubin said its problems were due to the buckling financial system, not its own mistakes, and that his role was peripheral …
Michael D. Shear / Washington Post:
Adviser Who Insulted Clinton Has Role in Transition  —  Samantha Power, the Harvard professor who was forced to resign from Barack Obama's presidential campaign last spring after calling Sen. Hillary Rodham Clinton “a monster,” is now advising the president-elect on transition matters relating …
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Amity Shlaes / Wall Street Journal:
The Krugman Recipe for Depression  —  Massive government spending is no solution to unemployment.  —  Paul Krugman of the New York Times has been on the attack lately in regard to the New Deal.  His new book “The Return of Depression Economics,” emphasizes the importance of New Deal-style spending.
Michael Calderone / The Politico:
Report: Matthews staffing for Senate run UPDATE  —  (h/t HuffPost). … After first posting, FiveThirtyEight founder and polling guru Nate Silver updated with a more cautious headline and text.  The first version read, “Chris Matthews is in.”  It was updated to, “Chris Matthews, it appears, is in.”
Discussion: TIME.com
Charles Mahtesian / The Politico:
Sarah Palin: A digital superstar  —  Three weeks after the Republican ticket suffered a sweeping defeat at the polls, Sarah Palin continues to dominate search engine queries, cable news and online video sites.  —  The only American politician who generates comparable interest is President-elect Barack Obama.
Discussion: The Swamp
RELATED:
Jon Friedman / MarketWatch:
Mr. Obama, enjoy the media adulation while you can
Discussion: JammieWearingFool and Hullabaloo
Vidya Rao / MSNBC:
The Obamas: A more perfect union  —  First Couple-to-be could be relationship role models for nation, experts say  —  It started with the fist bump seen 'round the world.  Soon there were stories of rousing family Scrabble battles and date nights, in spite of election mayhem.
Discussion: LewRockwell.com Blog
Helene Cooper / New York Times:
National Security Pick: From a Marine to a Mediator  —  WASHINGTON — James L. Jones, a retired four-star general, was among a mostly Republican crowd watching a presidential debate in October when Barack Obama casually mentioned that he got a lot of his advice on foreign policy from General Jones.
Colleen Long / Associated Press:
Sought: Wal-Mart shoppers who trampled NY worker  —  NEW YORK - Police were reviewing video from surveillance cameras in an attempt to identify who trampled to death a Wal-Mart worker after a crowd of post-Thanksgiving shoppers burst through the doors at a suburban store and knocked him down.
Michael Falcone / The Caucus:
Bush Weighs In on His Legacy  —  As the clock ticks down on his days in the White House, President George W. Bush is taking part in one of his last presidential rituals — helping to shape the perception of his years in office.  —  In an interview conducted earlier this month by his sister …
Discussion: Macsmind, The Swamp and The Impolitic
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Derrick Z. Jackson / Boston Globe:
This year, why not try something different?
 

 
From Mediagazer:

Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20

Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024

New York Times:
Sources detail NPR's struggles with declining audiences, falling sponsorship revenue, internal conflicts over turning things around, and a diversity push

 
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