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9:45 AM ET, November 28, 2011

memeorandum

 Top Items: 
Bloomberg:
Secret Fed Loans Gave U.S. Banks Undisclosed $13B  —  The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret.  Now, the rest of the world can see what it was missing.  —  The Fed didn't tell anyone which banks …
Wolfgang Münchau / Financial Times:
The eurozone really has only days to avoid collapse  —  In virtually all the debates about the eurozone I have been engaged in, someone usually makes the point that it is only when things get bad enough, the politicians finally act - eurobond, debt monetisation, quantitative easing, whatever.
RELATED:
Wall Street Journal:
Europe's Leaders Pursue New Pact
Discussion: FT Alphaville
CTV.ca:
Canada to pull out of Kyoto Protocol next month … Date: Sun.  —  Canada will announce next month that it will formally withdraw from the Kyoto Protocol, CTV News has learned.  —  The Harper government has tentatively planned an announcement for a few days before Christmas, CTV's Roger Smith reported Sunday evening.
Charles Franklin / Polls And Votes:
Recognition and Favorability of GOP2012 Candidates  —  The rise of Newt Gingrich over the past 10 days or so, now capped with a Manchester Union Leader endorsement, is the culmination of a months long rejuvenation process.  In April Gingrich ran neck-and-neck with Mitt Romney in net favorability ratings …
RELATED:
Paul Krugman / New York Times:
Things to Tax  —  The supercommittee was a superdud — and we should be glad.  Nonetheless, at some point we'll have to rein in budget deficits.  And when we do, here's a thought: How about making increased revenue an important part of the deal?  —  And I don't just mean a return to Clinton-era tax rates.
Steven T. Dennis / Roll Call:
Payroll Tax Cut Will Top Political Theater  —  Senate Democrats and the White House are setting up a certain-to-fail vote to extend and expand the payroll tax cut as soon as this week as their signature political showcase heading into the election year.  —  For Democratic partisans …
RELATED:
Neela Banerjee / Los Angeles Times:
Parties look to payroll tax deal after collapse of deficit talks
Associated Press:
Teen tweeter won't apologize to Sam Brownback  —  KANSAS CITY, Mo. - A Kansas teenager who wrote a disparaging tweet about Gov. Sam Brownback said Sunday that she is rejecting her high school principal's demand for a written apology.  —  Emma Sullivan, 18, of the Kansas City suburb of Fairway …
Frances Martel / Mediaite:
CNN Prank Caller Poses As Student Arrested In Cairo, Thanks 'Baba Booey's Monkey Nuts' For Freedom  —  CNN anchor Fredricka Whitfield got a bit of an unwelcome surprise this evening as an interview with who she thought was Gregory Porter, an American student recently arrested and released in Cairo, went awry.
Discussion: BuzzFeed
New York Times:
The Price of Intolerance  —  It's early yet for a full accounting of the economic damage Alabama has done to itself with its radical new immigration law.  —  Farmers can tally the cost of crops left to rot as workers flee.  Governments can calculate the loss of revenues when taxpayers flee.
Discussion: Prairie Weather
Hans Nichols / Bloomberg:
Schwarzman Backs Romney as Wall Street Turns Away From Obama  —  (Adds Schwarzman's donations to McCain in fifth paragraph and Romney's background in private equity in the sixth.  For more news on the 2012 campaign, see ELECT.)  —  Nov. 28 (Bloomberg) — Stephen Schwarzman …
Discussion: The Hill and Business Insider
BBC:
Strike: BBC poll suggests strong support  —  An opinion poll commissioned by BBC News suggests 61% of people believe public sector workers are justified in going on strike over pension changes.  —  More than two million people are due to walk out on Wednesday.
Discussion: blogs.telegraph.co.uk and Guardian
Ynetnews:
Iran: We'll fire 150,000 missiles at Israel if attacked  —  Defense minister Vahidi tells army volunteers ‘Israel has to be punished for what it has done to the Muslims in Palestine’  —  Iranian Defense Minister General Ahmad Vahidi said Iran Independent News Service reported Sunday.
 
 
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 More Items: 
Jonathan Wynne-Jones / Telegraph:
Christian worker loses her job after being ‘targeted’ by Islamic extremists
Alicia M. Cohn / The Hill:
Romney calls on Obama to block $600B in defense cuts
 Earlier Items: 
Ben Farmer / Telegraph:
Insurgent commander who planned bomb attacks that ‘blew soliders to bits’ is granted amnesty
Discussion: Weasel Zippers and Jihad Watch
Jennifer Epstein / The Politico:
Obama's toughest critic: Obama
New York Times:
Arab League Approves Sanctions Against Syria
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering

Manish Singh / TechCrunch:
India issues a notice to Wikipedia over bias concerns, questioning if it should be classified as a publisher, after judges called its open editing “dangerous”

 
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