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6:15 PM ET, March 11, 2023

memeorandum

 Top Items: 
Matt Levine / Bloomberg:
Startup Bank Had a Startup Bank Run  —  Programming note: Money Stuff was supposed to be off today, but: bank run!  —  SVB  —  The lesson might be that there are some industries that are bad to bank.  Imagine that it was 2021, and someone was like “do you want to start the Bank of Crypto?
RELATED:
New York Times:
The Second-Biggest Bank Failure  —  Bank failures in each year by total assets  —  Bank failures in each year by total assets  —  IndyMac Bank $307 billion  —  Washington Mutual Bank  —  Silicon Valley Bank  —  Source: Federal Deposit Insurance Corporation Note …
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.
Jose Pagliery / The Daily Beast:
Trump Gets Caught Trying to Play Judges to Manufacture Trial Delays  —  Donald Trump is in so much trouble that his trials are starting to run into one another, and now his lawyers might get in trouble for fooling judges into delaying them all. … Faced with an onslaught of expensive lawsuits ranging …
Discussion: Raw Story
RELATED:
Erik Larson / Bloomberg:
Trump May Face Anonymous Jury in High-Profile Defamation Trial  —  Donald Trump and the New York author who claims he raped her in the 1990s may get an anonymous jury at their upcoming defamation trial — an unusual scenario for a civil case with high-profile litigants.
Aaron Blake / Washington Post:
As Fox News panicked in 2020, leaders warned of featuring Buttigieg, Coons  —  The top Biden campaign surrogates were singled out in the post-election period, with CEO Suzanne Scott saying 'audiences don't want to see too much' of guests like them  —  It's a rather small cadre of politicians …
Discussion: The Wrap and NPR
RELATED:
Adam Wren / Politico:
Can Trump's ‘Straight Man’ Lighten Up?  —  The last time Mike Pence headlined the Gridiron Club dinner, he was a stand-in.  His boss, whose media baiting was already reaching highway-speed just two months into his first term, had no interest in playing nice with his critics, so he palmed off the job to his vice president.
Discussion: claytoonz and Washington Examiner
RELATED:
Caitlin Owens / Axios:
House GOP's budget could hurt the party in key Senate races  —  House Republicans' push for major spending cuts could undermine the party's effort to win the Senate.  —  The big picture: Several House Republicans are likely to run for competitive Senate seats in 2024.
RELATED:
Eliza Collins / Wall Street Journal:
Kari Lake Is Considering Senate Run, Making Some Republicans Nervous
Discussion: Raw Story
Brianna Sacks / Washington Post:
Insurers slashed Hurricane Ian payouts far below damage estimates, documents and insiders reveal  —  A Washington Post investigation has found that some policyholders had their claims cut by more than 80 percent  —  FORT MYERS, Fla. — When insurance adjuster Jordan Lee entered …
New York Times:
BBC in Turmoil as Revolt Over Gary Lineker's ‘Match of the Day’ Suspension Spreads  —  Mr. Lineker, one of England's best-known sports personalities, was taken off the air after criticizing the British government's immigration policy on social media.  His ouster set off a staff boycott.
Associated Press:
Syria hopes Iran-Saudi agreement will ease regional tension  —  News of the rapprochement between long-time regional rivals Saudi Arabia and Iran sent shock waves through the Middle East on Saturday and dealt a symbolic blow to Israeli Prime Minister Benjamin Netanyahu, who has made the threat posed …
RELATED:
Caleb Newton / Bipartisan Report:
Public Approval Of Biden Rockets To Highest This Year As Democrats Prevail  —  Despite what seem like only intensifying predictions from Donald Trump and allies of his about ostensibly looming doom with Biden and the Democrats in charge, many Americans evidently aren't concerned.
Discussion: Rasmussen Reports
Dan Primack / Axios:
Silicon Valley Bank paid out bonuses hours before seizure  —  Silicon Valley Bank on Friday paid out annual bonuses to eligible U.S. employees, just hours before the bank was seized by the U.S. government, Axios has learned from multiple sources. … That date ultimately coincided …
NBC News:
Ron DeSantis feels the love in Iowa.  That might not be enough.  —  DES MOINES, Iowa — To hear Florida Gov. Ron DeSantis tell it, he's exactly the kind of winner that Republicans here in Iowa — and across the country — are looking for in a presidential nominee.
Emily Schmall / New York Times:
Stripping Confederate Ties, the U.S. Navy Renames Two Vessels  —  The vessels will be named for Robert Smalls, a mariner who commandeered a Confederate ship to freedom from slavery, and Marie Tharp, an ocean geologist who studied continental drift.  —  One night in 1862, as the Civil War raged …
Discussion: Breitbart, New York Post and Fox News
New York Times:
Inside Ron DeSantis's Politicized Removal of an Elected Prosecutor  —  The Florida governor accused the Democratic prosecutor of undermining public safety.  But a close examination of the episode reveals just how fueled it was by Mr. DeSantis's political aims.
Discussion: HuffPost
Tim Carman / Washington Post:
A Va. bakery gave BLM activists free coffee.  Then came the backlash.  —  Brian Noyes and Josephine Gilbert agreed to sit down on March 1 and talk it out.  Noyes, founder of the celebrated Red Truck Bakery, and Gilbert, the leader of a loose coalition that demonstrates under the banner of All Lives Matter …
Associated Press:
Will it take market crash for Congress to raise debt limit?  —  There's one way to force President Joe Biden and Congress to solve the looming crisis over the debt limit: a financial market crash.  That's a view held by several economists and a former White House official …
Kelly Weill / The Daily Beast:
Republicans Court the ‘Red Scare’ Left With Roger Stone Martini Hour  —  The “dirty trickster” served lukewarm cocktails at an event meant to showcase Republican inroads with the downtown art scene.  —  When they take the microphones behind a DJ booth at the New York Young Republican Club party …
Niharika Mandhana / Wall Street Journal:
How Beijing Boxed America Out of the South China Sea  —  China incrementally built up military outposts, with little pushback from the U.S., and has emerged as a power in the strategic waters through which trillions of dollars in trade passes  —  In early February, a Philippine coast guard vessel approached …
Aaron Sibarium / Washington Free Beacon:
‘Dogs—t’: Federal Judge Decries Disruption of His Remarks by Stanford Law Students and Calls for Termination of the Stanford Dean Who Joined the Mob  —  Fifth Circuit appellate judge Stuart Kyle Duncan, who was shouted down by Stanford Law School students as administrators looked on in silence …
RELATED:
Politico:
Judge denies media access to records in Mar-a-Lago grand jury fight  —  A federal judge has rejected a bid by media organizations to gain access to records related to a dispute over compliance with a grand jury subpoena for classified documents stored at former President Donald Trump's Florida estate.
 
 
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 More Items: 
Kaitlyn Radde / NPR:
Arkansas Gov. Sanders signs a law that makes it easier to employ children
Discussion: Arkansas Advocate
The Guardian:
Revealed: child refugees will be detained or deported under small boats plan
Discussion: MLive.com
Dylan Matthews / Vox:
Why even brilliant scholars misunderstand poverty in America
Discussion: Press Herald
Jody Godoy / Reuters:
Ex-US congressman convicted of insider trading before T-Mobile merger
Peter Hermann / Washington Post:
5 archaic D.C. laws still technically on the books after crime bill is nixed
 Earlier Items: 
Katie S. Phang / MSNBC:
The true cost of Dominion's devastating Fox News bombshells
Discussion: Raw Story and The Guardian
Anastasia Edel / Foreign Policy:
Staring Down the Black Hole of Russia's Future
Ben Caspit / Al-Monitor:
Tensions in West Bank threaten Israel-US intelligence cooperation
Brandi Buchman / emptywheel:
Jan. 6 seditious conspiracy comes into focus at Proud Boys trial as classified ‘spill’ roils proceedings
Discussion: Alternet.org and Summit News
Los Angeles Times:
Tom Girardi gave $1 million in payments, gifts to top State Bar investigator, corruption probe finds
Discussion: San Bernardino Sun
Lisa Friedman / New York Times:
Biden Administration Expected to Move Ahead on a Major Oil Project in Alaska
 

 
From Mediagazer:

Peter Blumberg / Bloomberg:
X sues to block California's AB 2655, aimed at curbing AI-generated deceptive election content on social media, claiming it impinges on free speech

John Koblin / New York Times:
NBC names Craig Melvin as Hoda Kotb's successor on Today, teaming up with Savannah Guthrie, starting January 13; Melvin has been Today's news anchor since 2018

Mia Sato / The Verge:
Facebook makes Views its primary metric for content, bringing it in line with Instagram; each time a piece of content appears on a screen, it counts as a View

 
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