I flew back on the 4th. No holiday. I had a 48 hour deadline dumped on me on July 2 :-( Hope you did better.
Scientists bask in ‘god particle’ discovery Financial Times (John B)
Cisco’s cloud vision: Mandatory, monetized , ExtremeTech (Carol B)
Japan nuclear crisis ‘man-made’ BBC
Spain’s Banking Crisis Moves Into the Courtroom New York Times
The Latin Troika’s Coup: what is left of the joy it generated a week later Yanis Varoufakis
Evidence of a US judicial vendetta against WikiLeaks activists mounts Guardian
Support signalled for Arafat exhumation Financial Times
Liborfest!
Wall Street Bank Investors In Dark On Libor Liability Bloomberg
Diamond: I Am a Victim Global Economic Intersection
Reaction in the UK To This Morning’s Bob Diamond Testimon y Jesse
Ready, Fire, Aim Epicurean Dealmaker (Glen H). Close but no cigar. He is correct that most commentators have missed that banks would simply build an extra spread into loans priced off Libor to make up for Libor being artificially low. But that means when Libor became less suppressed, those borrowers would be paying an extra rich interest rate.
Diamond ousting ‘was plotted by his outraged bankers in New York’ Independent
Diamond’s Exit Shows Libor Only What Each Bank Says It Is BusinessWeek (furzy mouse)
Barclays is branded a ‘rotten, thieving bank’ by MP John Mann Telegraph
The LIBOR scandal will expose more naked bankers MacroBusiness
Useless Hearings on Bank Fraud masaccio Firedoglake (Carol B)
Enough is enough of the age of consumption Robert and Edward Skidelsky, Financial Times
Microsoft’s Downfall: Inside the Executive E-mails and Cannibalistic Culture That Felled a Tech Giant Vanity Fair (Carol B)
Obama Marks Fourth With New U.S. Citizens New York Times. Aiee! Confirming the real purpose of Independence Day .
South Florida lifeguard fired after saving man News4jax (Valissa).
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