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3:55 AM ET, July 16, 2010

memeorandum

 Top Items: 
The Huffington Post:
Tim Geithner Opposes Nominating Elizabeth Warren To Lead New Consumer Agency  —  What's Your Reaction: … Treasury Secretary Timothy Geithner has expressed opposition to the possible nomination of Elizabeth Warren to head the Consumer Financial Protection Bureau, according to a source with knowledge of Geithner's views.
RELATED:
New York Times:
Congress Passes Financial Oversight Reform  —  WASHINGTON — Congress approved a sweeping expansion of federal financial regulation on Thursday, reflecting a renewed mistrust of financial markets after decades in which Washington stood back from Wall Street with wide-eyed admiration.
The Atlantic Online:
Who Will Manchin Choose?  —  Good evening.  Tomorrow's most significant story might be the aftermath from two major explosions in southeast Iran that killed at least 20, including members of Iran's elite Revolutionary Guard.  The Jundallah, a Sunni rebel group based in Baluchistan …
Discussion: Taegan Goddard's …
Steven M. Davidoff / DealBook:
Finding a Good Financial Bill in 2,300 Pages
Wall Street Journal:
Law Remakes Financial Landscape
Discussion: Cafe Hayek
Sen. Ted Kaufman / The Huffington Post:
The Wall Street Reform Bill: How Much Did We Lose Getting to 60?
Discussion: Daily Kos and CNN
Kevin Drum / Mother Jones:
The Truth About Obama's Record
Discussion: American Prospect
Steve Benen / Washington Monthly:
THAT WAS QUICK.... A couple of hours ago, the Senate was able …
Discussion: TPMDC
Myglesias / Matthew Yglesias:
The Underrated FinReg Bill
Political Punch:
An Obama Administration Job for Sen. Specter?  —  Sources tell ABC News that Sen. Arlen Specter, D-Pennsylvania, has informed the White House that he would like to consider remaining in public service after his Senate term ends at the end of this session, and White House officials are keeping …
RELATED:
Jordan Fabian / The Hill:
DNC circulates memo on Capitol Hill plugging Dem advantage in elections  —  The Democratic National Committee (DNC) Thursday night circulated a polling memo around Capitol Hill talking up Democrats' advantages over Republicans in the fall midterm elections.  —  The memo argues that …
Discussion: The Politico and Weasel Zippers
Greg Sargent / The Plum Line:
Politico's theory: Liberal bloggers don't care if Dems sustain large losses this fall  —  I'm probably a sucker for biting on this attack on the liberal blogosphere from Poiltico top-dog editors John Harris and Jim VandeHei, but this is so divorced from reality that it really shouldn't go unanswered:
DealBook:
Goldman Settles With S.E.C. for $550 Million  —  Updated Updated with confirmation of The New York Times's report about Goldman's $550 million settlement.  —  Goldman Sachs has agreed to pay $550 million to the Securities and Exchange Commission, one of the largest penalties ever paid by a Wall Street firm …
RELATED:
Wall Street Journal:
Goldman Settles Its Battle With SEC
Discussion: Law Blog and TPMCafe
Jreid / The Reid Report:
“Tea partier” Mark Williams writes ‘letter to Abe Lincoln’ ... from the ‘coloreds’  —  If you're feeling pissy that the NAACP condemned your witch doctor signage and you're out to prove that your movement isn't racist, wouldn't it help not to actually say anything that might be construed as racist?
RELATED:
Washington Post:
Oil leak stopped for first time since April  —  BP said Thursday that it has stopped oil from leaking out of its blown-out well in the Gulf of Mexico.  The gusher has been throttled for the first time since the April 20 blowout on the drilling rig Deepwater Horizon.
RELATED:
Chris Cillizza / The Fix:
Gulf Oil spill fades as issue
Jim Hoft / Gateway Pundit:
Dem Rep Sheila Jackson Lee Tells NAACP: “All Those Who Wore Sheets a Long Time Ago Lifted Them Off to Wear Tea Party Clothing” (Applause!)  —  Representative Sheila Jackson Lee (D-TX) told the NAACP this week that those who wore sheets lifted them off and are now wearing tea party clothing.
RELATED:
Moe Lane:
They all look alike to Sheila Jackson-Lee (D, TX-18).  —  [UPDATE]: Ace of AoSHQ makes a point about the Congressional Record that I no longer have to get around to making, and Allahpundit of Hot Air lets us know that this was not the dumbest thing Rep. Jackson-Lee said today.
Discussion: Townhall.com
Mark Thoma / moneywatch.bnet.com:
The Dodd-Frank Financial Reform Bill  —  Legislation to reform the financial sector has cleared the House and the Senate, and the President is expected to sign the bill soon.  Here is a quick reaction highlighting some of the positives and negatives in the legislation:
RELATED:
Washington Post:
Senate passes financial overhaul bill
William A. Jacobson / Le·gal In·sur·rec· tion:
Scott Brown's Financial Regulation Failure
Silla Brush / The Hill:
Senate passes Wall St. reform
Bbtv / Breitbart.tv:
Breitbart to NAACP Chief: ‘Go to Hell!’  —  “Let me say something a tad newsworthy to the president of the NAACP.  You can go to hell. ...  I have tapes...tape of racism and it's an NAACP dinner.  You want to play with fire?  I have evidence of racism and it's coming from the NAACP.”
Discussion: Say Anything
Eric Boehlert / Media Matters for America:
When does Fox News' ugly race-baiting become the story?  —  Amazing.  Bernie Goldberg and I actually agreed.  But only for a moment.  —  The conservative media critic appeared on The O'Reilly Factor this week while the host, like every other Fox News host and anchor …
Alexander Bolton / The Hill:
GOP retaliates for Berwick recess appointment to Medicare leadership post  —  Senate Republicans are still fuming over the recess appointment of Donald Berwick to head the federal agency in charge of Medicare and Medicaid.  —  In retaliation, Senate Republican Leader Mitch McConnell (Ky.) …
RELATED:
Wall Street Journal:
Berwick: Bigger Than Kagan
Discussion: Beltway Confidential
New York Times:
Bush Aide Says Some C.I.A. Methods Unauthorized  —  WASHINGTON — A former Bush Justice Department official who approved brutal interrogation methods by the C.I.A. has told Congress that he never authorized several other rough tactics reportedly inflicted on terrorism suspects …
RELATED:
Patrick Gavin / The Politico:
CARLSON LAUNCHES OLBERMANN SITE  —  You may (or may not) have noticed that there's been a bit of a feud taking place between MSNBC's Keith Olbermann and the Daily Caller, the website run by (former MSNBC'r) Tucker Carlson.  —  The Caller — via its Twitter account, especially …
Discussion: Salon and National Review
Michael O'Brien / The Hill:
Scott Brown slams Kathy Griffin for calling daughters ‘prostitutes’  —  Sen. Scott Brown (R-Mass.) lashed out at comedienne Kathy Griffin on Thursday for describing his daughters as “prostitutes.”  —  Brown strongly condemned remarks Griffin made on CNN in which she mocks Brown's daughters, Ayla and Arianna.
Trainwrecks / RADAR:
EXCLUSIVE NEW AUDIO: Mel Gibson Completely Loses It: ‘B*tch, C*nt, Wh*re, Gold Digger!’  —  WARNING: This audio may not be reproduced or republished.  —  Screaming, snarling and panting Mel Gibson completely loses it in new audio obtained and released exclusively by RadarOnline.com.
Associated Press:
NY lawyer gets 10-year term in terrorism case  —  NEW YORK — A 70-year-old civil rights lawyer was sentenced Thursday to 10 years in prison in a terrorism case by a judge who boosted her original sentence by nearly eight years after concluding she lied to a jury and lacked remorse.
Walter Alarkon / The Hill:
Left vows to fight any fiscal panel proposals to cut Social Security  —  Liberals wary of cuts to Social Security benefits are taking on President Obama's fiscal commission, seeing it as a more serious threat to the entitlement program than President George W. Bush's push to privatize the system five years ago.
Randal C. Archibold / New York Times:
Arizona Halts Photo Enforcement of Speed Laws  —  PHOENIX — At the first tick of the clock Friday, an array of automated cameras on Arizona freeways aimed at catching speeders were to stop clicking.  —  There is no glitch.  The state, the first to adopt such cameras on its highways in October 2008 …
 
 
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 More Items: 
James Tozer / Daily Mail:
Shopping centre bosses approve ‘Asian squat toilets’ …
Discussion: protein wisdom and Weasel Zippers
DFrum / The Daily Dish:
What's the Mission? A Bleg
Discussion: Newsalert
Susan Davis / Washington Wire:
GOP Has Money Momentum in Open Senate Races
Discussion: Beltway Confidential
Howard Berkes / NPR:
Massey Mine Workers Disabled Safety Monitor
Discussion: Coal Tattoo, Firedoglake and Wonk Room
KDVR:
GOP abandoning McInnis; candidate vows to fight on
Alexander Bolton / The Hill:
Byrd's successor to take oath Tuesday
 Earlier Items: 
Peter Hamby / CNN:
Surprise player in Iowa GOP primary revealed
Discussion: Des Moines Register and Ballot Box
Rasmussen Reports:
Election 2010: Wisconsin Senate
John Hooper / Guardian:
Vatican: female ordination a crime
Discussion: Jezebel, The Reaction and Shakesville
Dean Baker / TPMCafe:
Erskine Bowles and the Price of Ignorance: $335,000 a Year
Discussion: American Power
 

 
From Mediagazer:

Madhumita Murgia / Financial Times:
The Financial Times signs a deal with OpenAI to train AI models on the publisher's archived content and to let ChatGPT reply with short summaries of FT articles

The Hollywood Reporter:
Paramount CEO Bob Bakish steps down; Brian Robbins, Chris McCarthy, and George Cheeks will run Paramount on an interim basis as an “Office of the CEO”

Alex Sherman / CNBC:
Sources: Shari Redstone agreed to take less than $2B for her Paramount stake as part of Skydance's “best and final” offer, lower than what was initially offered

 
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