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10:05 PM ET, March 16, 2008

memeorandum

 Top Items: 
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
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:
Marc Ambinder:
An “Attack” On The Church  —  CBS News's John Bentley spent Palm Sunday at the United Church of Christ and was handed this press release:
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:
RELATED:
Byron York / The Corner:   Axelrod: A “Major” Reason Wright Didn't Speak At Obama's Announcement …
Mark Steyn / The Corner:
Pew research center
Discussion: The Daily Dish
Mark Steyn / Orange County Register:
Obama's pastor disaster
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: 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
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.
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” …
Jeralyn / TalkLeft:
Newsweek Examines Eliot Spitzer's Life  —  In a very long article, Evan Thomas examines the life and background of Eliot Spitzer, trying to understand why he engaged in such reckless conduct.  Shorter version: He was trying to please Daddy.  —  He describes Spitzer's family: … More...
Discussion: Newsweek
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.
Discussion: TPM Election Central
 
 
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 More Items: 
Rebecca MacKinnon / RConversation:
Tibet... is discussion possible?
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
Michael Kinsley / Washington Post:
Offense Taken  —  First of all, I unequivocally dissociate myself …
 Earlier Items: 
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
Kevin Hayden / American Street:
Sad Anniversary
Discussion: Suburban Guerrilla
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
Richard Russo / Washington Post:
A Novel Take on an Ending  —  Back when I was teaching fiction writing …
 

 
From Mediagazer:

Michael Msika / Bloomberg:
PE firm Blackstone offers ~$1.5B to purchase Hipgnosis, about 7% higher than the bid made earlier this week by Concord to which Hipgnosis' board had agreed

Robert Simmon / Global Investigative Journalism Network:
A look at the use of satellite imagery for investigative journalism by outlets including Reveal, Bellingcat, The New York Times, and ProPublica

Clara Aberneithie / Press Gazette:
A look at The Cool Down, a climate-focused news outlet that makes $5M in programmatic advertising per year and aims to increase it to $12M per year in 2025

 
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