Paul Krugman, A Third Bit of Burton, Nirmula Deshpande

I was startled last week when Mr. Obama, in an interview with Bloomberg News, questioned the case for limiting financial-sector pay: “Why is it,” he asked, “that we’re going to cap executive compensation for Wall Street bankers but not Silicon Valley entrepreneurs or N.F.L. football players?” That’s an astonishing remark — and not just because the National Football League does, in fact, have pay caps. Tech firms don’t crash the whole world’s operating system when they go bankrupt; quarterbacks who make too many risky passes don’t have to be rescued with hundred-billion-dollar bailouts. Banking is a special case — and the president is surely smart enough to know that. -Paul Krugman


A Third Bit of Burton - Let us all rejoice that Richard Burton is back. I should not have accepted a paycheck for getting to sit next to, and be entertained by, Richard Burton at his best.
This third episode, from September 1980, seems even better than the first two, with the stuff about “Bogey,” and Garbo, and John Huston — and, yes, even Miss Taylor — et al.

Lights of remembrance for Didi - In the memory of Dr Nirmala Deshpande, civil society organisations arranged a candlelit vigil in Gulberg, Lahore.