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12:00 AM ET, March 11, 2023

memeorandum

 Top Items: 
Jesse Pound / CNBC:
Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis  — The FDIC said in the announcement that insured depositors will have access to their deposits no later than Monday morning.  — SVB's branch offices will also reopen at that time, under the control of the regulator.
RELATED:
New York Times:
Silicon Valley Bank Fails After Run on Deposits  —  The Federal Deposit Insurance Corporation took control of the bank's assets on Friday.  The failure raised concerns that other banks could face problems, too.  —  Emily Flitter and Rob Copeland cover Wall Street and finance.
CNN:
Silicon Valley Bank collapses after failing to raise capital  —  New York CNN —  Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis led to the second-largest failure of a financial institution in US history.
Austin Weinstein / Bloomberg:
SVB Chief Sold $3.6 Million in Stock Days Before Bank's Failure
New York Times:
Michael Cohen to Testify at Grand Jury as Likely Trump Indictment Looms  —  Mr. Cohen, Donald J. Trump's former fixer, is the key witness in a case built around a hush money payment to Stormy Daniels.  —  Michael D. Cohen, the former fixer who for years did Donald J. Trump's dirty work …
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Bloomberg:
Trump Prosecutors in NY Are After the Wrong Person, His Lawyer Says
Discussion: Raw Story
Helena Horton / The Guardian:
BBC will not broadcast Attenborough episode over fear of rightwing backlash  —  Exclusive: Decision to make episode about natural destruction available only on iPlayer angers programme-makers  —  The BBC has decided not to broadcast an episode of David Attenborough's flagship new series …
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Eleanor Klibanoff / The Texas Tribune:
Three Texas women are sued for wrongful death after assisting with abortion  —  In the first lawsuit of its kind since Roe v. Wade was overturned, a husband seeks damages from women who helped his ex-wife obtain the medications to terminate her pregnancy.  —  A Texas man whose ex-wife terminated …
Chris Stokel-Walker / Wired:
Twitter's $42,000-per-Month API Prices Out Nearly Everyone  —  Tiers will start at $500,000 a year for access to 0.3 percent of the company's tweets.  Researchers say that's too much for too little data.  —  Since Twitter launched in 2006, the company has acted as a kind of heartbeat for social media conversation.
Dana Milbank / Washington Post:
Kevin McCarthy joins the insurrection  —  Not since the Know-Nothing Party disappeared in the 1850s has a public figure boasted about his ignorance with as much gusto as Kevin McCarthy does.  —  It doesn't seem to matter what you ask the speaker of the House.  He hasn't read it, seen it or heard about it.
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David Lat / Original Jurisdiction:
Yale Law Is No Longer #1—For Free-Speech Debacles  —  Congratulations, Stanford Law, you're the new poster child for intolerance.  —  Congratulations, Stanford Law School.  You're the nation's new top law school—when it comes to free-speech debacles.1 (And I'm interrupting my vacation to cover you—so thanks for that too, SLS.)
RELATED:
John Sexton / HotAir:
Heckler's Veto: Judge shouted down at Stanford law school with help from Dean of DEI
Brock Colyar / The Cut:
Zooming With Tennessee Thirst Trap Franklyn McClure … “I love being naked,” says Franklyn McClure, 20, Zooming from the porch of his home in Charlotte, North Carolina, and wearing nothing but a pink pair of briefs and a whole lot of jewelry and lip gloss.  “So that's why I didn't want to wear a shirt for this interview.
Discussion: NBC News and VICE
RELATED:
Phil Williams / WTVF-TV:
'I'm really, really sorry.' Tennessee Lt. Gov. Randy McNally apologizes after uproar over social media posts
Lisa Friedman / New York Times:
Biden Expected to Move Ahead on a Major Oil Project in Alaska  —  The decision would allow an enormous $8 billion drilling project in the largest expanse of pristine wilderness in the United States.  —  WASHINGTON — In one of the most consequential climate decisions of his administration …
Discussion: The Guardian, NPR, KTOO and HotAir
RELATED:
Caleb Ecarma / Vanity Fair:
How Rod Dreher's Blog Got a Little “Too Weird” for The American Conservative  —  The right-wing commentator's columns, which were unedited and bankrolled by a single donor, will be shuttered Friday after a 12-year run.  Sources say it was ultimately a diatribe on circumcision that was a bridge too far.
Jozsef Papp / Atlanta Journal-Constitution:
Family: Activist's hands raised when shot by troopers near training center site  —  Family files lawsuit against city of Atlanta for release of information  —  An independent autopsy showed Manuel Teran's hands were raised when the activist was fatally shot by state troopers in January near …
Discussion: Raw Story and New York Daily News
Slate:
Can Georgia Republicans Really Fire a Prosecutor for Indicting Trump?  —  Having tried and failed to interfere in Georgia's 2020 presidential election, Donald Trump's allies are now attempting to interfere with the ongoing grand jury investigation into that earlier misconduct.
RELATED:
Air Force:
New paint design for ‘Next Air Force One’  — Secretary of the Air Force Public Affairs  —  President of the United States Joe Biden has selected the livery design for the “Next Air Force One,” VC-25B, a design that will closely resemble the livery of the current Air Force One, VC-25A, while also modernizing for the 21st century.
Winn Sioux Christnot-Peters / Second Nexus:
Eric Swalwell Perfectly Shames Jim Jordan Over Hypocritical ‘Subpoena Compliance’ Demand  —  Eric Swalwell calls out Jim Jordan's hypocrisy for issuing subpoenas after defying them when Democrats were in control.  —  California Democratic Representative Eric Swalwell called out the hypocrisy …
Jeet Heer / The Nation:
The Horrifying and Shameful Return of Child Labor  —  Bipartisan buck-passing and a ramshackle immigration system have revived Victorian degradation.  —  The disorienting fact about the 21st century is that, even as the calendar moves forward, actual social and political reality is in a state of regression.
Discussion: Wall Street Journal and MLive.com
Michael C. Bender / New York Times:
A Glimpse of DeSantis in Iowa: Awkward, but Still Winning the Crowd  —  Gov. Ron DeSantis of Florida visited Iowa on Friday, providing a window into his still-untested skills as a retail politician.  —  DAVENPORT, Iowa — Suzy Barker, a native Iowan dressed in an orange-and-blue University …
Wall Street Journal:
Saudi Arabia, Iran Restore Relations in Deal Brokered by China  —  Accord marks diplomatic victory for Beijing in a region where U.S. has long dominated geopolitics  —  RIYADH, Saudi Arabia—Iran and Saudi Arabia agreed to re-establish diplomatic relations Friday in a deal mediated by China …
RELATED:
Glenn Kessler / Washington Post:
Tennessee congressman Andrew Ogles's résumé is too good to be true  —  The Fact Checker … — Rep. Andrew Ogles (R-Tenn.), speaking to supporters while running for election, July 23  —  Ogles, a newly elected member of Congress, has been the subject of news reports …
Discussion: Raw Story
Anshel Pfeffer / Haaretz:
Israel's Long-awaited Secular Uprising Is Finally Here  —  Israel's wave of protests isn't just about the balance of power between the government and judiciary.  It is also about a secular middle class fighting to preserve Israel's essential character  —  Zen Read
Discussion: New York Times and Reuters
Washington Post:
What key players at Fox News said about the network and its viewers  —  The $1.6 billion defamation case against Fox News has given the public a rare look at the inner workings of the conservative cable-news giant — including what its executives and top personalities privately …
Brandon Drenon / BBC:
Asteroid headed toward Earth may arrive on Valentine's Day 2046 - Nasa  —  A newly detected asteroid has a very small chance of impacting the Earth in 2046, Nasa tweeted on Tuesday.  —  If it does hit, the asteroid, roughly the size of an Olympic swimming pool, may arrive on Valentine's Day 2046 according to Nasa calculations.
Bruce Leshan / wusa9.com:
‘I snapped’ |  Day care owner says she shot her husband accused of child molestation in a moment of rage  —  In an exclusive interview from jail, Shanteari Weems says she shot her husband in the neck and thigh after a parent she trusted said he abused her kid.
Discussion: Twitchy
George Monbiot / The Guardian:
I once admired Russell Brand.  But his grim trajectory shows us where politics is heading  —  In an age of distortion, public figures have powerful tools and a responsibility.  This is an object lesson in how that can go wrong  —  n 2014, the Guardian asked me to nominate my hero of the year.
Mark Magnier / South China Morning Post:
Exclusive: China unofficially suggests way to mitigate any Taiwan trip by House speaker: US sources  —  While the risk of an immediate crisis was reduced this week when US House Speaker Kevin McCarthy signalled near-term plans to meet Taiwanese President Tsai Ing-wen on US soil rather than in Taipei …
Adam Klasfeld / Law & Crime:
Jury can see ‘Access Hollywood’ tape in E. Jean Carroll's rape case against Trump, federal judge rules  —  Former President Donald Trump cannot keep E. Jean Carroll from showing a jury the infamous “Access Hollywood” tape that nearly derailed his 2016 campaign in a lawsuit accusing him of rape, a federal judge ruled.
Zeynep Tufekci / New York Times:
Here's Why the Science Is Clear That Masks Work  —  The debate over masks' effectiveness in fighting the spread of the coronavirus intensified recently when a respected scientific nonprofit said its review of studies assessing measures to impede the spread of viral illnesses found it was …
 
 
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 More Items: 
Dan Froomkin / Press Watch:
Fox's big reveal is a teachable moment about journalism
Discussion: Puck
Ross Ketschke / WMUR:
Video shows Wentworth state representative shouting at plow driver outside home
Discussion: Raw Story and Associated Press
Andrew Perez / The Lever:
Workers Are Funding Private Equity's Child Labor Exploitation
Discussion: Ultra's Substack
Jim Geraghty / National Review:
How Often Do AOC and MTG Agree?
Discussion: middleeastmonitor.com
Noah Rothman / National Review:
So, Democrats Love Lobbyists Now?
Discussion: The Gateway Pundit
John Sakellariadis / Politico:
Biden admin's cloud security problem: ‘It could take down the internet like a stack of dominos’
 Earlier Items: 
Benjamin Mullin / New York Times:
The Messenger, a Media Start-Up, Aims to Build a Newsroom Fast
Nicholas Fondacaro / Newsbusters:
Jane Fonda Offers Final Solution to Pro-Lifers, ‘Murder’ Them
Washington Post:
House conservatives issue new spending demands in debt ceiling debate