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11:00 PM ET, March 16, 2008

memeorandum

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RELATED:
New York Times:
JPMorgan Acts to Buy Ailing Bear Stearns at Huge Discount  —  Bear Stearns, facing collapse because of the mortgage crisis, agreed Sunday evening to be bought by JPMorgan Chase for a bargain-basement price of less than $250 million, the two companies announced.
Scott Lanman / Bloomberg:
U.S. Fed Cuts Discount Rate, Says Dealers May Borrow  —  The Federal Reserve, in an emergency weekend decision, cut the rate on direct loans to commercial banks and opened up borrowing at the rate to primary dealers in government securities.  —  In an announcement before the start of trading …
Discussion: Hullabaloo
Matthew Yglesias:
Sunday Financial Meltdown Blogging
Discussion: Brendan Nyhan
Yalman Onaran / Bloomberg:   JPMorgan Chase Buys Bear Stearns for $240 Million
Gretchen Morgenson / New York Times:
Rescue Me: A Fed Bailout Crosses a Line
Mike Allen / The Politico:
Obama's church accuses media of character assassination  —  The Chicago church attended by Sen. Barack Obama (D-Ill.) issued a statement Sunday contending that coverage of his pastor's inflammatory remarks amounted to character assassination and “an attack on ... the history of the African American church.”
RELATED:
Michelle Gallardo / WLS-TV:
Obama answers questions about Rezko, pastor  —  No campaign stops were scheduled Sunday for Democratic presidential candidate Barack Obama.  He was in the Chicago area Saturday night for a fundraiser.  —  The Illinois senator was in an Indianapolis suburb also this weekend, where he …
RELATED:
Sweetness & Light:
Pastor Wright Erased From Obama's Website  —  Just like in the bad old days of the Stalinist Soviet Union, an inconvenient personage has been airbrushed from the Barack Obama campaign's website.  —  Before, via Google's cache (as retrieved on Mar 8, 2008 20:01:06 GMT): … And the current page:
Mark Steyn / The Corner:
Pew research center
Discussion: The Daily Dish
New Jersey Online:
McGreevey aide says he had sexual trysts with ex-governor, wife  —  A former aide to James E. McGreevey said today that he had three-way sexual trysts with the former governor and his wife before he took office, challenging Dina Matos McGreevey's assertion that she was naive about her husband's sexual exploits.
RELATED:
ABCNEWS:
Bill Clinton: ‘Chill Out,’ Let Voters Decide  —  Former President Says Most Democrats Like Both Hillary Clinton and Barack Obama  —  Bill Clinton, in an exclusive interview with Robin Roberts, said he thinks Democrats are torn between two candidates they like, and that it's time to “chill out” …
Discussion: Wake up America and TVNewser
RELATED:
Ilan Goldenberg / democracyarsenal.org:
It's Not the Execution  —  The NY Times has its five year retrospective …
Discussion: New York Times and Angry Bear
Allahpundit / Hot Air:
Video: Juan Williams lowers the boom on Obama  —  By special request of Ace, who tells me his commenters were buzzing about it this morning.  Williams has never had much patience for grievance culture so this shouldn't surprise.  He's juggling a lot of balls here — the “authenticity” …
Gallup:
Gallup Daily: McCain at 47% to Obama's 44%  —  PRINCETON, NJ — The latest Gallup Poll Daily tracking update on registered voters' general election preferences for president finds that John McCain has opened up a slight advantage over Barack Obama, 47% to 44%, while McCain and Hillary Clinton remained tied at 46% each.
Scott Horton / Harper's:
The Gathering Storm at Justice  —  I don't in the ordinary course review and recommend law review articles, but I've just come across one that is close to indispensable for public affairs junkies.  On December 7, 2006—the anniversary of the attack on Pearl Harbor—at least eight U.S. attorneys …
MSNBC:
March 16: Bill Bradley, Nita Lowey, political roundtable  —  MR. TIM RUSSERT: Our issues this Sunday: The battle between Hillary Clinton and Barack Obama goes on.  Will harsh words about race and gender hurt the Democrats in November?  What are the strengths and weaknesses of each of these candidates?
Discussion: The Caucus and THE ASTUTE BLOGGERS
 
 
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 More Items: 
Rebecca MacKinnon / RConversation:
Tibet... is discussion possible?
Jeralyn / TalkLeft:
Newsweek Examines Eliot Spitzer's Life
Discussion: Newsweek
Brad Woodard / KHOU-TV:
America behind bars: One-percent of U.S. population in jail
Bob Fertik / Democrats.com:
Iraq Fax-in  —  March 19 marks the 5th Anniversary …
Jonn Lilyea / This ain't Hell …:
Winter Soldier II; my impressions, an AAR
Garrett Therolf / Los Angeles Times:
Iraqi feel-good stories prove elusive
Chicago Tribune:
Obama prepares for full assault on Clinton
 Earlier Items: 
Michael Kinsley / Washington Post:
Offense Taken  —  First of all, I unequivocally dissociate myself …
Lisa Schiffren / The Corner:
Barak, Church and State
Discussion: American Spectator
Nicholas D. Kristof / New York Times:
The Pimps' Slaves  —  Reading between the sheets, the world of …
Discussion: Matthew Yglesias
Ali / Think Progress:
Perino: men know more about war ‘by osmosis.’
Eriposte / The Left Coaster:
The Clinton Rules and The Obama Rules
Andrew Ferguson / Weekly Standard:
The Wit & Wisdom of Barack Obama
 

 
From Techmeme:

Wall Street Journal:
The FTC bans noncompete clauses that restrict job switching, the first time in 50+ years that the FTC has issued a regulation mandating an economy-wide change

Lauren Feiner / The Verge:
The US Senate passes the TikTok divestment bill by a margin of 79-18; the legislation now heads to President Biden, who has committed to sign it into law

Victoria Song / The Verge:
Meta rolls out multimodal AI in early access for the Ray-Ban Meta Smart Glasses, mainly to help identify objects, translate signs, and write Instagram captions

 
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