Counterparties
Willem Buiter weighs in on the ECB Target2 debate, contra Martin Wolf — Citi
NY AG Schneiderman targets Bank of America in a new probe — HuffPo
The Economy and D.C.: Republicans’ Tax-cutting Fantasia — NYT
1Gbps fiber for $70—in America — Ars Technica
Bitcoin digital currency market has its first bank run — Daily Tech
The Onion scooped the Washington Post by one day — Onion, WaPo
3-Way Street: bikes, pedestrians, cars, taxis, trucks, all behaving very badly at 28th & Park — Vimeo
Will Self questions the rituals of our digital life — Tumblr
Clinton says she’s not pursuing World Bank job — Reuters
Richard Dreyfuss reads the iTunes EULA — CNet
Man finds $17,000 in cash on sidewalk, gives it back — Reuters
Cop pulls over a female cyclist for wearing a skirt while biking — Streetsblog
NYP reckons that Weiner can’t afford to quit his job ‘cos his wife only makes $154k — NYP
Werner Herzog has recorded an audio version of Go The F**k To Sleep especially for this NYPL event — NYPL



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Werner Herzog again demonstrates that he is one of the most important artists working in the world today.
I don’t really bike in NYC any more, but whether I’m a pedestrian or driving a car, I try pretty hard not to steal other people’s right-of-way, and I get annoyed when other people do steal someone else’s right-of-way.
One of the worst things I’ve seen, though, was just a week ago, when I was out running during morning rush hour, along a road with a nice, wide asphalt path next to the road; I was running on the side of the path farthest from the road and almost got run over from behind by a pick-up truck that was entirely off the road. I find it amazing that someone even had it in his head to do that.
Felix, I highly recommend Michael Lind’s annihilating 1700-word takedown of Niall Ferguson:
http://www.salon.com/news/politics/war_r oom/2011/05/24/lind_niall_fergsuon