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4:05 PM 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 …
RELATED:
Felix Salmon:
Chart of the day, Morgan Stanley bailout edition  —  Ladies and Gentlemen, this is what a lender of last resort looks like.  What you're looking at here are three lines.  The black line is Morgan Stanley's market capitalization, which tends to hover in the $40 billion range but which fell as low as $9.8 billion in November 2008.
Kevinliptak / CNN:
Barney Frank not seeking re-election in 2012  —  Washington (CNN) - Massachusetts Congressman Barney Frank, a prominent 16-term liberal Democrat and arch-enemy of political conservatives nationwide, will announce Monday he does not intend to seek re-election in 2012, according to a statement from Frank's office.
RELATED:
Boston Globe:
Barney Frank not to seek reelection in 2012  —  On April 20, 2010, US Representative Barney Frank, then chairman of the House Financial Services Committee, struck the gavel during a hearing on the Lehman Brothers collapse  —  US Representative Barney Frank, the state's highest-profile congressman …
Igor Volsky / ThinkProgress:
Barney Frank Challenges Gingrich To Debate Over DOMA In Retirement Speech
Daniel Strauss / The Hill:
Frank: Gingrich against Obama ‘best thing’ for Dems since Goldwater
Discussion: CNN
Ian Swanson / Ballot Box:
Rep. Frank won't run for reelection
Fox News:
Barney Frank to Announce He Won't Seek Re-Election
Discussion: TalkLeft
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:
Eason Jordan / Poll Position:
Gingrich 32%, Romney 23%  —  Newt Gingrich's surge to the top …
Zaid Jilani / ThinkProgress:
Union Leader Declined To Endorse Romney Because He ‘Represents The One Percent’
Discussion: The New Republic and Daily Kos
Jeff Zeleny / The Caucus:
Gingrich Says He's ‘Conservative Alternative’ to Romney
Nate Silver / FiveThirtyEight:
Newspaper's Endorsement Has Been Leading Indicator in New Hampshire
Yossi Melman / Reuters:
Report: Explosion rocks Iran city of Isfahan, home to key nuclear facility  —  Semi-official Fars news agency says blast heard distinctly in several parts of the western Iran city; a uranium conversion plant near Isfahan went online in 2004.  —  An explosion rocked the western Iranian city …
RELATED:
Jeff Dunetz / YID With LID:
BREAKING: Huge Explosion In IRAN's Nuke City  —  Less than two weeks after a mysterious explosion destroyed an Iranian missile development base, and the same day the Israeli Military reported on the effect of that explosion, Iran's official news agency FARS reported that a loud blast was heard …
Greg Sargent / Washington Post:
Inequality: A winning issue for Dems in 2012  —  It's become an article of faith among Republicans, and even some neutral commentators: By embracing the larger message of Occupy Wall Street, and by pushing issues of income inequality and tax fairness to the fore, Democrats risk alienating swing voters …
RELATED:
oecd.org:
OECD calls for urgent action to boost ailing global economy  —  Decisive policies must be urgently put in place to stop the euro area sovereign debt crisis from spreading and to put weakening global activity back on track, says the OECD's latest Economic Outlook.
RELATED:
Thomas B. Edsall / Campaign Stops:
The Future of the Obama Coalition  —  For decades, Democrats have suffered continuous and increasingly severe losses among white voters.  But preparations by Democratic operatives for the 2012 election make it clear for the first time that the party will explicitly abandon the white working class.
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.
RELATED:
Mike Allen / The Politico:
DNC to Romney: There you go again - Steve Schwarzman backs Mitt - POLITICO behind-the-scenes eBook on 2012 debuts Wed.: The old Newsweek project, IN REAL TIME — NYT debunks dumb law  —  Good Monday morning.  BRUTAL VIDEO: The DNC, working to define Mitt Romney even before Republicans have a nominee …
Discussion: CNN, The Caucus and The Daily Caller
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.
Edward Wyatt / New York Times:
WASHINGTON — A federal judge in New York on Monday threw out a settlement between the Securities and Exchange Commission and Citigroup over a 2007 mortgage derivatives deal, saying that the S.E.C.'s policy of settling cases by allowing a company to neither admit nor deny the agency's allegations did not satisfy the law.
RELATED:
Erik Wasson / The Hill:
Judge blocks Citigroup settlement with SEC over mortgage fraud
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.
Zaid Jilani / ThinkProgress:
Why We Occupy: Visualizing The 2012 Federal Discretionary Budget  —  One reason so many people have taken to the streets as part of the 99 Percent Movement is because of the country's lopsided priorities.  The following graphic shows the makeup of federal discretionary spending in the Fiscal Year 2012 budget.
Discussion: War in Context
 
 
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 More Items: 
Maggie Haberman / The Politico:
Newt Gingrich in 1989, the pro-Rockefeller GOPer
Discussion: Outside the Beltway
Liz Goodwin / Yahoo! News:
Kansas teen won't apologize to Gov. Brownback over ‘you suck’ tweet
Magellan Strategies:
Nebraska 2012 US Senate General Election Survey (11/28/11)
Discussion: Taegan Goddard's …
Fritz Klug / MLive.com:
Congressman Fred Upton appointee worked for firm that helped Solyndra obtain federal grant
Discussion: ThinkProgress and DownWithTyranny!
Roy Greenslade / Guardian:
Andrew Rashbass: 'The biggest reason we're successful is that we are lucky'
Reuters:
Germany, France press coercive euro zone debt rules
Discussion: Vodkapundit
Sarah Kliff / Washington Post:
Parents, more than parenting, may be to blame for obesity
 Earlier Items: 
Daniel Halper / Weekly Standard:
Game Changer: Roemer-Lieberman!?
Discussion: Hot Air
E.J. Dionne Jr / Washington Post:
Divided moderates will be conquered
Jonathan Easley / The Hill:
Sen. Toomey says Dems torpedoed supercommittee to protect Obama
Discussion: The Politico and Big Government
NewsMax.com:
Bill Clinton: Hillary to Play ‘Major Role’ After She Leaves Obama Administration
Discussion: The Politico
Robert Kuttner / American Prospect:
A More Perfect Union  —  Emily Dopper and her boyfriend …
Discussion: AFL-CIO NOW BLOG
 

 
From Techmeme:

Mishaal Rahman / Android Authority:
Source: Google has canceled the development of a second-generation Pixel Tablet, planned for release in 2025, due to concerns that it wouldn't sell very well

Mark Gurman / Bloomberg:
Sources: Apple is testing a more conversational version of Siri, dubbed “LLM Siri”, with plans to release it in spring 2026 as part of iOS 19 and macOS 16

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

 
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