SPNObama’s good press – David Brooks dubs him the “ESPN Man” (via NYT): “The fundamentals suggest that Obama will go the way of Gordon Brown and Nicolas Sarkozy - incumbents who were trounced in hard times. And yet Obama isn't on the same trajectory as other global leaders, left or right. But most of the cause is personal. ... The key is his post-boomer leadership style. … Obama has displayed a kind of ESPN masculinity: postfeminist in his values, but also thoroughly traditional in style - hypercompetitive, restrained, not given to self-doubt, rarely self-indulgent.”
Obama even knows the Kardashian (via Politico) – In an interview for ABC's "The View," the hosts grilled Obama on pop culture during a taping of the show on Monday. The first question, according to a transcript: "Which Kardashian was married for only 72 days?" "That would be Kim," Obama replied. "Because he was a ball player. I know he was a ball player. That’s how I know from watching basketball."
Facebook is heating up – The company has raised its range to $34 and $38 per share from the previous target of $28 to $35, valuing Facebook at over $100 billion.
Top stories – 14 Best Bands of the '90s. Because Today's Music Sucks (Jeffrey Hartinger) – Let's put on some flannel, watch reruns of My So-Called Life while Nirvana plays in the background on our cool mix tape! Are you nostalgic yet?
Newsweek Cover of Obama As a Gay Saint Will Be a Big Boost For Mitt Romney (Amy Sterling Casil) – Mitt Romney is suffering from an enthusiasm gap according to polls, but by crowning President Obama with a rainbow halo, Newsweek gives Romney an unintended boost.
Eduardo Saverin Tax Evasion Aftermath: Time to Impose Global 1% Wealth Tax on Billionaires (Patrick Weil) – To fight international tax evasion, impose a international tax on the world's wealthiest citizens.
Jamie Dimon-Obama saga (via Politico) – Dimon, once the silver-haired hero of Wall Street, scooped up failing banks during the financial crisis while successfully navigating toxic mortgages. He was also one of President Barack Obama’s most prominent Wall Street friends, a rare high-profile Democrat in an industry dominated by free-market Republicans. Dimon spent several years in Obama’s hometown of Chicago, where he ran Bank One after a nasty breakup with his one-time mentor. He got to know Rahm Emanuel. He hired Bill Daley as a top executive before Daley became Obama’s second chief of staff. He gave hundreds of thousands of dollars in contributions to Democrats. Obama returned all the love, at least at first. Dimon made at least 16 trips to the White House and met at least three times with Obama — a bond that allowed the president to appear business-friendly. The New York Times in 2009 called Dimon Obama’s “favorite banker.” But in the wake of a $2 billion trading loss, Dimon’s reputation as a blunder-free Master of the Universe is badly tarnished. And Dimon’s connection to the president, which the JPMorgan CEO now says was never all that strong, seems gone for good. Dimon has joined the loud chorus of Obama’s Wall Street critics, calling himself a “barely Democrat” who is turned off by what he views as the administration’s anti-business rhetoric and policies.
Videos of the day – Obama attacks Romney’s record at Bain; Romney responds.
What we’re reading – Jonathan Macey: Losing Money Isn't a Crime (WSJ); The myth of Chinese meritocracy (Project Syndicate); Bullfighting is not a sport – It is a tragedy (Hemingway Papers); Anonymous ‘might well be the most powerful organization on Earth’ (National Post); As European austerity ends, so could the euro (Bloomberg).