memeorandum: Six Banks Pay $5.8 Billion, Five Guilty of Market Rigging (Bloomberg Business)

6:45 PM ET, May 20, 2015

Top Items:

Rand Paul to slam surveillance ‘until he can no longer speak’ — But it's not technically a filibuster. — Sen. Rand Paul took to the Senate floor to launch a “filibuster” of a bill to reauthorize a major government surveillance program. One problem: It's not actually a filibuster.

Discussion: The Hill, Washington Monthly, Mediaite and Hit & Run

Jordain Carney / The Hill:

Cotton blocks move to take up NSA reform bill — Sen. Tom Cotton (R-Ark.) blocked a move from Republican colleague Sen. Mike Lee (R-Utah) on Tuesday to bring up the House-passed USA Freedom Act, which would reform the National Security Agency's surveillance practices.

Discussion: ABC News, National Journal, American Spectator and Hot Air

Dustin Volz / National Journal:
Obama Admin: NSA Spying Will Begin Shutting Down This Week

Discussion: RT, Sunlight Foundation Blog, Hot Air, Bloomberg View and The Hill

Julian Hattem / The Hill:
NSA will begin winding down spying program this weekend

Discussion: Common Dreams and Daily Kos

Jeremy Diamond / CNN:
Rand Paul: ‘Whatever it takes to stop’ Patriot Act reauthorization

Discussion: Business Insider, The Daily Signal, Mashable, Infowars, Mediaite and Christian Science Monitor

David Weigel / Bloomberg Business:
Rand Paul Launches His ‘Filibuster’ Against Patriot Act Renewal

Discussion: Wall Street Journal, The World's Greatest …, The Hill and The Week

New Jersey Online:

Gov. Christie loses his marbles on national TV | Editorial — Star-Ledger Editorial Board By Star-Ledger Editorial Board — It's no wonder that New Jersey is screaming a warning to the rest of the country. — For months, we have wondered how Gov. Chris Christie thinks he can win …

Discussion: Hot Air, Talking Points Memo, New York Magazine, The Daily Caller, Mediaite, Hinterland Gazette, The Reaction, The Moderate Voice and Washington Post

Josh Marshall / Talking Points Memo:
Chris Christie and the Distorting Lens of New York Media Dominance

Discussion: Washington Monthly and No More Mister Nice Blog

Rosie Gray / BuzzFeed:

U.S. Releases Contents Of Bin Laden's English-Language “Bookshelf” — From Chomsky to Woodward. BuzzFeed News got a first look at the rare public accounting of some of the documents seized from Osama bin Laden's Abbottabad compound. — WASHINGTON — The U.S. government this week …

Discussion: Politico, ODNI Newsroom Feed, JustOneMinute, Infowars, The Atlantic, CNN, New York Times, Gawker, Mashable, Hit & Run, The Week, Washington Free Beacon, The Huffington Post and Al Jazeera English

Gawker:

Apply to Work for al Qaeda Today! — Newly declassified documents from Osama bin Laden's Abbottabad retirement compound show that al Qaeda's rigorous HR department wasn't just trolling LinkedIn for resumes—the terror organization had a formal application process. “Who should we contact in case you became a martyr?”

Discussion: Mediaite, The Huffington Post and The Week

Will Dunham / Reuters: U.S. releases documents recovered in raid that killed bin Laden

Brian Fung / Washington Post:

If you search Google Maps for the N-word, it gives you the White House — Someone on Google Maps just labeled President Obama a very bad word. — A reader points out that if you enter a search for “N***** king” — which contains a particularly offensive racial epithet for African Americans …

Discussion: Guardian, Business Insider, PandoDaily, The Hill, Hinterland Gazette, Little Green Footballs, The Verge and The Moderate Voice

The Huffington Post:
If You Type ‘N— House’ Into Google Maps, It Will Take You To The White House

Discussion: Washington Post, WTVR-TV, Hot Air, Talking Points Memo, Mediaite and The Daily Caller

Bobby Blanchard / The Texas Tribune:

In Beaumont, Ted Cruz Spars a Bit … BEAUMONT — Presidential hopeful Ted Cruz hit some of his main stump points while meeting with local leaders here Tuesday afternoon — promising to defend the Constitution, step back from the Obama administration's foreign policy and promote economic growth.

Discussion: Talking Points Memo, Washington Blade, ThinkProgress, John Hawkins' Right Wing News, Trail Blazers Blog, Weasel Zippers, The Reaction, Daily Kos, Mediaite, Raw Story, Salon, Joe. My. God. and Gallup

Cyd Zeigler / Outsports:
Texas college bans gay athletes from dating or supporting same-sex marriage

Discussion: Towleroad News #gay, Raw Story and PinkNews

Kevin D. Williamson / National Review:

A Gunfight, Not a Riot: What Happened in Waco — The shootout between members of rival outlaw motorcycle gangs in Waco has brought out a great deal of stupidity on the left — too much stupidity to catalogue, in fact. But let us look at a few lowlights. — Making the comparison with Baltimore …

Discussion: Shot in the Dark, Hit & Run and Balloon Juice

NBC News:

Hillary Clinton Taps DREAMer Lorella Praeli As Latino Outreach Director — Democratic presidential hopeful Hillary Clinton has named prominent DREAMer and immigration activist Lorella Praeli as Latino Outreach Director, a Clinton ca...

Discussion: CNN, Weekly Standard, Daily Kos, New York Times and The Daily Caller

Stephen Dinan / Washington Times:
Hillary hires illegal immigrant ‘Dreamer’

Discussion: Truth Revolt

Nick Gass / Politico:

Study on gay marriage views retracted after allegations of fake data — One of the authors of a recent study which claimed that short conversations with gay people could change minds on same-sex marriage has retracted it. — The retraction this week of the popular article published …

Discussion: ThinkProgress, Slate, Washington Post, NPR, The Daily Caller and Mediaite

Virginia Hughes / BuzzFeed:
Data Faked In Study About Gay People Changing Voters' Minds

Discussion: Washington Post, The Huffington Post, protein wisdom, US News and Poynter., more at Mediagazer »

Bloomberg Business:

Six Banks Pay $5.8 Billion, Five Guilty of Market Rigging … Six of the world's biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to a currency-rigging probe as they seek to wind down almost half a decade of enforcement actions.

Discussion: The Huffington Post, NPR and The Week

New York Times:
5 Banks to Pay Billions and Plead Guilty in Currency and Interest Rate Cases

Discussion: CNNMoney, Common Dreams and The Week

Alice Walton / Los Angeles Times:

What you need to know about Los Angeles' $15 minimum wage — The Los Angeles City Council Tuesday morning agreed to increase the city's minimum wage. The city attorney's office will now draft an ordinance and bring it back to the council for a second vote. Here is what you need to know about the proposal:

Discussion: Reuters, The National Memo, RH Reality Check, Hit & Run, Bloomberg View, Washington Post and New York Times

Adrian Glick Kudler / Curbed LA:
Unaffordable Housing: Every Single Part of Los Angeles is Unaffordable on $15/Hour

Discussion: ThinkProgress and Lawyers, Guns & Money

Paul McLeary / Foreign Policy:

Situation Report: Ramadi, always Ramadi; Poland storms Washington; Susan Rice whiffs; missile defense; and plenty more — By Paul McLeary with Ariel Robinson — The taking of Ramadi 1-2-3. While the Islamic State keeps liberating U.S.-made military equipment from fleeing Iraqi troops …

Discussion: USA Today, Townhall.com, Weekly Standard, Hot Air and The Daily Caller

Wall Street Journal:
U.S. Rethinks Strategy to Battle Islamic State After Setback in Ramadi

Discussion: Business Insider and Washington Post

Margaret Talev / Bloomberg Business:

Iowa Democrats: Flawed Hillary Clinton Our Best Hope to Win — A Bloomberg Politics/Purple Strategies focus group finds Democrats resolved over their presidential frontrunner. — t margarettalev — Iowa Democrats are rallying around Hillary Clinton with pragmatic enthusiasm …

Discussion: Washington Post, Hit & Run, Truth Revolt, Fox News, Business Insider, Shakesville, The Reaction, neo-neocon, Washington Free Beacon, Weekly Standard, Mediaite and Twitchy

WXIA-TV:

Witnesses: School nurse yells profanity, racial slur at 6th grader — A mother is asking the investigation into a Mundy's Mill Middle School nurse be reopened. The nurse is accused of yelling profanities and racial slurs at the woman's 11-year-old son last October. WXIA — CONNECT

Discussion: Hinterland Gazette and Raw Story

J.K. Trotter / Gawker:

Court Transcripts: Bill O'Reilly's Daughter Saw Him “Choking Her Mom” — Gawker has obtained partial transcripts from the custody trial at the center of Fox News anchor Bill O'Reilly's vicious dispute with his ex-wife, Maureen McPhilmy. The documents, which record testimony given last year …

Discussion: Talking Points Memo, Mediaite, Raw Story and The Daily Banter

Eric W. Dolan / Raw Story:

Congressman laughs at sheriff who thinks weed destroys black communities like crack and heroin — DON'T MISS STORIES. FOLLOW RAW STORY! — A Wisconsin sheriff stunned a congressman on Tuesday by refusing to say that marijuana was less destructive to society than methamphetamine or cocaine.

Discussion: FishbowlDC and Mediaite

Susan Candiotti / CNN:

Source: Aaron Hernandez a lookout in prison fight — Rise and fall of Aaron Hernandez 13 photos — Former NFL football player Aaron Hernandez attends his murder trial in Fall River, Massachusetts, on Thursday, January 29. The state accused Hernandez of orchestrating the shooting death …

Discussion: abc11.com, WPRI-TV, The Daily Caller, The Big Lead and TMZ.com

Miranda Blue / Right Wing Watch:

Gohmert: Bush Wouldn't Have Invaded Iraq Had He Known Obama Would Succeed Him And Fight For ‘The Wrong Side’ — Rep. Louie Gohmert, R-Texas, said yesterday that President Bush would have thought twice about invading Iraq if he had known that his successor would be “such a total incompetent leader” …

Discussion: Raw Story, Talking Points Memo, Liberaland and Daily Kos