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Monday, May 14, 2012

Cheat Sheet - Andrew Sullivan: Obama’s Gay Awakening

The Cheat Sheet

Today: Plane Crash in Nepal Kills 15 , Jeff Himmelman: The Storm Over My Ben Bradlee Book, ‘Yours in Truth’ , Greek Euro Exit ‘Not Attractive’
Cheat Sheet: Morning

May 14, 2012
COMING OUT

The president boldly shifted the mainstream. In Newsweek, Andrew Sullivan on why the move makes sense—Obama’s life as a biracial man has deep ties to the gay experience.

DISASTER

A plane carrying 21 people, most of them Indian nationals, crashed into a hillside Monday as it descended to land at a Nepalese airport. Many of the passengers were en route to the Muktinath temple, a religious site in the mountainous region. A local police spokesman told reporters that the plane hit a muddy slope after attempting to land and ended up buried in the hillside, killing 13 Indian passengers and two Nepalese pilots. Among those being treated after the crash are two Danish passengers and two Indian infants. Accidents involving small aircraft occur occasionally in the treacherous mountain regions of Nepal.

FUROR

Jeff Himmelman has been raked over the coals in the two weeks since his authorized biography of the Washington Post legend was published. He asks critics to read the book before deciding whether it casts Bradlee in a “bad light.”

COST BENEFIT

Beware the Greeks, especially bearing debt. Officials in the euro zone are weighing their options Monday as politicians in Greece continue to struggle to form a government that would enable the next tranche of bailout money for the country. Patrick Honohan, a member of the European Central Bank Governing Council, said the prospect of Greece withdrawing from the currency “is not necessarily fatal, but it is not attractive.” Greek President Karolos Papoulias is set to continue meeting with representatives from his country’s political parties today, including the far-left Syriza coalition, which opposes the bailout and austerity measures. Honohan said an exit from the euro was “technically” possible. The euro fell against the dollar Monday, and European stocks dropped off as a result of the continuing political uncertainty in Greece.

PROGNOSIS

Before leaving Yahoo, 54-year-old ousted CEO Scott Thompson told the company’s board he had thyroid cancer as controversy swirled around his résumé. Thompson’s decision to step down from the top job at the company was influenced by the diagnosis, according to sources close to the matter. The former chief executive’s academic record listed him as having a computer-science degree, which he did not have—the error was repeated in a Yahoo regulatory filing and on company websites. According to The Wall Street Journal, the source said Thompson’s decision to leave the company was in part influenced by his cancer diagnosis, which reportedly occurred not long before his resignation.


ACCUSED
Edwards Defense Set to Begin
Former FEC chairman among witnesses.
CHOPPING BLOCK
Heads to Roll at JPMorgan
Three top execs expected to leave this week.
VIOLENCE
Rebels: Syrian Army Shells in Rastan
23 Syrian soldiers killed.
CAUTION
Insurers Keep an Eye on Fracking
Uncertainty leaves underwriters befuddled.
WILSON!
Castaway Sues U.S. Cruise Line
Panamanian man says ship didn’t pick him up.
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