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Monday, November 26, 2012

Cheat Sheet - Shakeup at the SEC

The Cheat Sheet

Today: The GOP Faces Years in the Wilderness After 2012 Election Losses , Egyptian Stocks Continue Tumble , U.S. Maps Post-2014 Afghanistan
Cheat Sheet: Afternoon

November 26, 2012
REVOLVING DOOR

One of the Obama finance team’s most stalwart members, SEC chairwoman Mary Schapiro, has announced her exit. The Daily Beast’s Matthew Zeitlin on Schapiro’s significant legacy, her unfinished business—an[d whether she let bankers off the hook.

Control

With the world watching the Gaza Strip and Egypt, the Syrian rebels have been busy. After seizing a military airport and a base near Damascus, the rebels have now taken control of a strategic northern hydroelectric dam. The advances come as government airstrikes reportedly left nearly a dozen school children dead. The fighting has also flirted with borders, forcing Turkey’s antiaircraft arsenal to fire at Syrian warplanes that enter the nation’s airspace.

Post-Sandy

Warming up, eh guys? Seventeen thousand delegates are expected to gather in the Qatari capital of Doha for the United Nations’ 18th climate change conference beginning Monday. The host country itself has recently come under criticism for its production of greenhouse gases, and the obligations faced by developed countries to reduce emissions will be a top priority at the conference. Some of the countries most vulnerable to the effects of climate change have called for a greater commitment to the Kyoto Protocol, which would require leading greenhouse-gas producers to cut emissions.

CRIME

Locked in the basement of a Cambodian brothel, she was forced to sleep with hundreds of men. Now, Sreypich Loch hopes to save other girls. The Daily Beast’s Abigail Pesta reports.

Warm Embrace

The future looks bright for liberal dark money. Democrats who were once squeamish about the world of post–Citizens United campaign finance now seem OK with the idea of getting outside groups involved in state politics and primary races. The newly hardened pragmatists convened at a three-day sub rosa gathering shortly after Nov. 6 to plan for the next round of elections in 2014, according to Politico. Representatives from Priorities USA, American Bridge 21st Century, and House Majority PAC were in attendance, among other groups. Democratic megadonors have said that they’d be willing to open up their checkbooks again too—but some say they’d still prefer Citizens United to be struck down completely.


SPECIAL DELIVERY
Report: Russia Sent Cash to Syria
To help finance Assad regime.
BIG SHOT
Kelly: Obama Silent on Gun Violence
As Chicago incidents spike.
OP-ED
Buffett: Take More of My Money
Calls for minimum tax on wealthiest Americans.
DISSIDENT
Elton Sings for Ai Weiwei
Dedicates Beijing concert to activist.
HIGHS AND LILOS
Lohan Upset by ‘Liz & Dick’ Reviews
Movie gets panned, obviously.
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Corker: Forget the Norquist Pledge

Another one bites the dust. Following Lindsay Graham and Saxby Chambliss, Senator Bob Corker said on CBS Monday that he's 'not obligated on the pledge' to forgo raising taxes. Sorry, Grover.



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