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The Latest Opinions From Bloomberg View


September 26, 2014

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Wall Street

The Editors: "Attorney General Eric Holder, who plans to step down after more than five years in office, has efforts and achievements to be proud of, no doubt, but will probably be remembered above all for something he didn't do: prosecute top executives for their role in the 2008 financial crisis."
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Michael Lewis:"The Ray Rice video for the financial sector has arrived."
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Sports

Kavitha A. Davidson:"Hop on the Derek Jeter Polarizing Express: the hype machine that seeks to deify our beloved Captain but ultimately fuels the often-disproportionate backlash against him. I've grown weary of this recent wave of Jeter Haterade -- a term that takes on literal meaning after the Gatorade commercial that you could either view as a heartwarming tribute to the player and the fans who loved him or yet another example of how corporate America's tentacles have reached into every aspect of sports, tugging at our heartstrings in order to sell us drinks that look like biofuel."
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Investing

Mohamed A. El-Erian:"Gold has let down its loyal investors during the past year, declining by about 8 percent. ... I can think of three major reasons for gold's disappointing performance. First, it usually does badly when the dollar appreciates."
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Regulation

The Editors:"Amid a spate of scandals over the rigging of financial benchmarks ranging from commodities to currencies to interest rates, the U.K. government is making a bold move toward restoring confidence: By the end of this year, it plans to make manipulation a criminal offense in all the affected markets. The U.K.'s plan -- aimed at maintaining London's role as a major financial center -- raises some questions."
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Tech

Leonid Bershidsky:"For many years, Apple Macintosh and Linux computers were considered to be safer from malicious intervention than Windows machines. That seems to have been an illusion. A piece of software powering those flavors of personal computers and Web servers has a serious vulnerability, without a quick fix."
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NEWS roundup

Barry Ritholtz
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(Read the news roundup)

- Americans think we're in a recession. They're wrong. But still...
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- Capitalism is saving the climate, you hippies.
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- Wall Street still needs a leader on reform.
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Matt Levine
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(Read the news roundup)

- Is the New York Fed too cozy with Goldman Sachs?
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- Will Argentina pay in B.A.?
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- What will Yahoo do?
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