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Wednesday, November 2, 2011

Cheat Sheet - Gloria Cain Stands By Her Man

Today: Assange Loses Extradition Appeal, Greek Cabinet Backs Referendum, Bloomberg: Banks Didn't Cause Crisis
The Daily Beast Cheat Sheet: Morning

November 02, 2011
COMING OUT

As allegations of sexual harassment continue to dog Herman Cain—The New York Times reports that one of his accusers received a severance of $35,000, or a year's pay—his wife is finally stepping out of the shadows. Gloria Cain will defend her husband in a Fox News interview on Friday. The Daily Beast's Patricia Murphy on the friendly, traditional Gloria—and why she's been so reluctant to join the campaign trail until now.

WIKILEAKS

WikiLeaks founder Julian Assange lost his appeal in London on Wednesday to fight his extradition to Sweden to face rape allegations. He could be extradited Sweden in as few as 10 days, although The Guardian says it is more likely that he will return on Nov. 26. Assange has one final resort, however: he has 14 days to attempt to appeal the decision to the Supreme Court, which might choose to hear it if it decides there's an issue of "public importance" at stake.

EUROPE

Greek Prime Minister George Papandreou can stay in office, for now. His controversial plan to hold a referendum on the European Union rescue passage has won the backing of his cabinet. He may not last for long, however, as he faces a confidence vote on Friday. It's unclear how he'll fare, as he has just a two-vote majority in Parliament, and six of his own party members have already called on him to resign. In the meantime, Papandreou will head to France for talks with French President Nicolas Sarkozy and German Chancellor Angela Merkel.

ONE PERCENT

Maybe New York City Mayor Michael Bloomberg is trying to get the goat of Occupy Wall Street protesters. He said on Tuesday that big banks are not to blame for the financial crisis. "It was not the banks that created the mortgage crisis," Bloomberg said Tuesday. "It was, plain and simple, Congress who forced everybody to go and give mortgages to people who were on the cusp." He said, "We want to go vilify the banks because it's one target, it's easy to blame them, and Congress certainly isn't going to blame themselves."

TERRORISM

The Paris office of the French satirical newspaper Charlie Hebdo was firebombed early Wednesday, one day after the paper named the Prophet Muhammad the "editor-in-chief" of the latest issue and rechristened itself "Sharia Hebdo" to "celebrate" the victory of Tunisia's Islamist party Ennhada. The attackers threw a single Molotov cocktail into the office. "We no longer have a newspaper," said the magazine's editor in chief, who is known as Charb. "All our equipment has been destroyed or has melted." He said, however, that the staff will do everything it can to put out another issue next week. No one was injured in the attack, and police are looking for two suspects spotted near the scene.


PROBES
FBI Looking Into MF Global
Corzine's firm missing $600 million.
SMOKING GUN
New Documents Pin James Murdoch
Suggest he was in the loop on phone hacking.
HOMEGROWN
Georgia Men Accused of Terror Plot
Allegedly wanted to kill government officials.
CEOS
Tim Cook Makes His Mark on Apple
New initiatives distinguish him from Steve Jobs.
BIEBER DADDY
Bieber Gets Paternity Suit: Report
Baby allegedly conceived at one of his concerts.
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