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11:15 PM ET, March 11, 2023

memeorandum

 Top Items: 
Ken Klippenstein / The Intercept:
Silicon Valley Bank Used Former McCarthy Staffers to Weaken Regulations, Lobby FDIC … After successfully lobbying, for the rollback of new rules applied to Wall Street in the wake of the financial crisis, lobbyists for Silicon Valley Bank immediately began pressing their case further …
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Hannah Levintova / Mother Jones:
Long Before Silicon Valley Bank's Collapse, Its CEO Helped Kill Tougher Oversight of Banks Like His  —  Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.  —  On Friday, regulators shut down Silicon Valley Bank, one of the most prominent banks …
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?
Mark Sullivan / Fast Company:
Silicon Valley Bank: An 'It's a Wonderful Life' bank run for the digital age  —  The seizure of Silicon Valley Bank by regulators Friday morning shows how brittle financial institutions can be in the digital age.  The downfall of the Valley institution, which has been called …
Discussion: Los Angeles Times
Lizette Chapman / Bloomberg:
Thiel's Founders Fund Withdrew Millions From Silicon Valley Bank  —  Peter Thiel's Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter.  —  Founders Fund withdrew millions from SVB …
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 …
Ben Terris / Washington Post:
Pence says ‘history will hold Donald Trump accountable’ for Jan. 6th  —  ‘Make no mistake about it, what happened that day was a disgrace,’ the former vice president said at Washington's annual Gridiron Dinner  —  In a speech Saturday night, former vice president Mike Pence delivered …
Discussion: Bloomberg and Washington Examiner
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Associated Press:
Pence says Trump ‘endangered my family’ on Jan. 6  —  Former Vice President Mike Pence on Saturday harshly criticized former President Donald Trump for his role in the Jan. 6 riot at the U.S. Capitol, widening the rift between the two men as they prepare to battle over the Republican nomination in next year's election.
Discussion: CNN and Deadline
Washington Post:
Judge in abortion-pill lawsuit schedules hearing but delays announcing it  —  Judge Matthew Kacsmaryk wanted to minimize protests and threats in connection with the closely-watched case, people familiar with the plan said  —  The Texas judge who could undo government approval of a key abortion drug …
Discussion: Political Wire
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
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Erik Larson / Bloomberg:
Trump May Face Anonymous Jury in High-Profile Defamation Trial
Ed Whelan / National Review:
Stanford President and Law-School Dean Apologize to Judge Duncan  —  I'm pleased to break the news that Stanford president Marc Tessier-Lavigne and Stanford law school dean Jenny Martinez have issued a joint letter of apology to Judge Kyle Duncan for the violations of university policies on speech that disrupted his talk on Thursday:
CNN:
BBC's flagship soccer show boycotted over Gary Lineker impartiality row  —  The BBC's weekend soccer coverage has been plunged into chaos following its announcement Gary Lineker would “step back” from presenting, after he became embroiled in an impartiality row when he criticized British government policy on Twitter.
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Arwa Mahdawi / The Guardian:
Lauren Boebert will be a grandmother at 36.  This is what conservatives want for us  —  This shouldn't need to be said in 2023, but forcing teenagers to become parents isn't good for the teenagers, the baby or society in general  —  Boebert's rural family values
Discussion: Insider
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David Remnick / New Yorker:
What We Talk About When We Talk About Trans Rights  —  Masha Gessen on the public discourse over trans identity, the real reasons for the culture war over gender, and how well-meaning people can do better.  —  The first time I saw Masha Gessen was more than thirty years ago, on the streets of Moscow.
Discussion: Vox
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 …
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
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 …
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
Martha Ross / East Bay Times:
Rupert Murdoch: Fox News fired Kimberly Guilfoyle for ‘inappropriate behavior’  —  Murdoch's complaints about his former Fox News host were revealed in a trove of texts and emails that were recently leaked in Dominion Voting Systems' lawsuit against the network
Discussion: Insider and Raw Story
RELATED:
Aaron Blake / Washington Post:
As Fox News panicked in 2020, leaders warned of featuring Buttigieg, Coons
Discussion: The Wrap
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 …
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 More Items: 
Kate McGee / The Texas Tribune:
Texas Senate's priority bills on higher ed would end tenure, diversity policies
Discussion: Reason
Spiegel Online:
The Story Behind Germany's Embarrassing Intelligence Leak
Discussion: Balloon Juice
Jason Linkins / New Republic:
Republicans Are Scrambling to Invent Facts for Their Alternate Reality
Discussion: Raw Story
Andrew Jeong / Washington Post:
South Korea proposes 69-hour workweek, up from an already long 52
The Guardian:
Revealed: child refugees will be detained or deported under small boats plan
Discussion: MLive.com
Politico:
Judge denies media access to records in Mar-a-Lago grand jury fight
 Earlier Items: 
Dylan Matthews / Vox:
Why even brilliant scholars misunderstand poverty in America
Discussion: Press Herald
Kelly Weill / The Daily Beast:
Republicans Court the ‘Red Scare’ Left With Roger Stone Martini Hour
New York Times:
The Second-Biggest Bank Failure
Jody Godoy / Reuters:
Ex-US congressman convicted of insider trading before T-Mobile merger
Katie S. Phang / MSNBC:
The true cost of Dominion's devastating Fox News bombshells
Discussion: Raw Story
New York Times:
Inside Ron DeSantis's Politicized Removal of an Elected Prosecutor
Discussion: HuffPost
 

 
From Mediagazer:

Rick Porter / The Hollywood Reporter:
Nielsen: the NFL's two Christmas Day games that streamed on Netflix averaged 24.2M US viewers, peaking at 27M for Beyoncé's Ravens-Texans halftime show

Benjamin Mullin / New York Times:
Richard Parsons, who had a long career as chairman, CEO, and as a board member of media companies including CBS and Time Warner, died at 76 of bone cancer

Youkyung Lee / Bloomberg:
Shares of South Korean entertainment companies related to Squid Game drop 20%+ following a less-than-perfect debut for the new season of the series on Netflix
 
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