http://www.bloomberg.com/feed/bview/ Bloomberg View Stories on Bloomberg.com en-gb When Apple Inc.’s chief executive officer, Tim Cook, bragged to a U.S. Senate subcommittee this week about his company’s culture of innovation, he probably hoped people would think of Apple’s gadgets, not its tax strategies. MN66PA1A74E901 Tue, 21 May 2013 18:35:58 -0400 the Editors http://www.bloomberg.com/news/2013-05-21/apple-s-taxes-expose-the-rotten-u-s-code.html I have a suggestion about how to help instantly reduce sexual assaults in the military. Round up those in charge of handling sexual-assault cases. MN653J0UQVI901 Tue, 21 May 2013 18:04:10 -0400 Margaret Carlson http://www.bloomberg.com/news/2013-05-21/the-military-s-culture-of-sexual-violence.html Most Americans believe that the job market has grown more turbulent, with people changing employers ever more often. In reality, the opposite is happening. MN63ZO1A1I4H01 Tue, 21 May 2013 18:00:43 -0400 Peter Orszag http://www.bloomberg.com/news/2013-05-21/as-job-flow-slows-americans-get-stuck-in-place.html It’s hard to feel comfortable with the Barack Obama administration’s aggressive pursuit of national security leaks. Last week, the Justice Department acknowledged seizing phone records from Associated Press reporters in connection with a leak concerning a 2012 counterterrorism operation in Yemen. This week, we learned that Fox News correspondent James Rosen’s e-mail was examined to track down unauthorized disclosures about North Korea. In this case, the Justice Department went so far as to call the reporter a “co- conspirator.” MN623P0UQVI901 Tue, 21 May 2013 18:00:31 -0400 the Editors http://www.bloomberg.com/news/2013-05-21/how-dangerous-are-government-leaks-let-s-find-out.html Much to my surprise, I find myself sympathizing with the Internal Revenue Service. Tenderness toward that agency isn’t my default position. I’m a British expat living in the U.S., with retirement savings locked up in the U.K. and other cross-border entanglements -- these small complications have sometimes caused my dealings with tax professionals to displace landscape photography as my main and most expensive pastime. Say “IRS” to me and watch my teeth grind. MN64VB1A74E901 Tue, 21 May 2013 18:00:00 -0400 Clive Crook http://www.bloomberg.com/news/2013-05-21/irs-foul-up-shows-how-bad-laws-breed-good-scandals.html For the U.S. college students who will be paying for a four-year bachelor’s degree long after graduation day, here’s some consolation: At least it didn’t take you six or eight years. MN649N0D9L8Z01 Tue, 21 May 2013 17:59:18 -0400 Richard Vedder http://www.bloomberg.com/news/2013-05-21/did-you-graduate-in-four-years-congratulations.html Click on the section of the Commodity Futures Trading Commission website about the 2010 Dodd-Frank financial-reform law and the first thing that jumps out is a quotation, in bold, from CFTC Chairman Gary Gensler about how Dodd-Frank would transform the derivatives market -- for the better. MN5WJT1A1I4I01 Tue, 21 May 2013 17:53:29 -0400 William D. Cohan http://www.bloomberg.com/news/2013-05-21/swaps-vote-is-another-big-win-for-the-big-banks.html It's a good sign that Tunisia's government is no longer turning a blind eye to the radicals it has tolerated.   7cebd2f0a47901308f8f58d38561c600 Tue, 21 May 2013 17:05:59 -0400 Marc Champion http://www.bloomberg.com/news/2013-05-21/tunisia-s-islamist-government-turns-on-radical-group.html President Barack Obama hails it. Super Bowl commercials celebrate it. But is it real? I refer, of course, to the vaunted recovery of the Detroit automakers.  4b809ad0a46101308ef658d38561c600 Tue, 21 May 2013 14:30:51 -0400 Evan Soltas http://www.bloomberg.com/news/2013-05-21/is-detroit-s-recovery-for-real-.html Editor Paula Dwyer and columnist Jonathan Weil met online today to discuss JPMorgan Chase & Co.'s shareholder vote and next steps for the company. c0c2e990a46f01308f4f58d38561c600 Tue, 21 May 2013 14:21:02 -0400 Paula Dwyer and Jonathan Weil http://www.bloomberg.com/news/2013-05-21/debate-what-s-next-for-jpmorgan-.html If you don't want IRS agents to behave badly, give them rules so clear they can't misapply them. 1c603130a45c01308ece58d38561c600 Tue, 21 May 2013 12:52:36 -0400 Josh Barro http://www.bloomberg.com/news/2013-05-21/does-the-irs-even-understand-the-tax-code-.html Acting IRS Commissioner Steven Miller wasn't in charge when the agency made its big mess. But now we know he deserved to go anyway. da5bdd60a45a01308ec858d38561c600 Tue, 21 May 2013 11:53:32 -0400 Josh Barro http://www.bloomberg.com/news/2013-05-21/steven-miller-too-incompetent-even-for-the-irs.html Sony Corp.’s curt dismissal of a foreigner’s advice last week didn’t shock Michael Woodford, the former chief executive officer of Olympus Corp. MN49R307SXKX01 Mon, 20 May 2013 22:49:08 -0400 William Pesek http://www.bloomberg.com/news/2013-05-20/japan-inc-should-take-a-look-in-the-mirror.html Perhaps it's not surprising that the company that redefined personal technology, entertainment and communications would also redefine the meaning of a tax haven.  db6dbc70a3cc01308b9958d38561c600 Mon, 20 May 2013 19:12:14 -0400 Christopher Flavelle http://www.bloomberg.com/news/2013-05-20/apple-just-can-t-help-innovating.html Should the board of JPMorgan Chase & Co. force Jamie Dimon, the bank’s chairman and chief executive officer, to give up one of his jobs? Governance watchdogs, shareholder advisory services and public pension funds say yes. Other large shareholders, some prominent academics and the bank say no. The company will reveal May 21 how many shareholders support a proposal to separate the jobs (though the vote is nonbinding). MN4CVR0D9L3501 Mon, 20 May 2013 18:52:39 -0400 the Editors http://www.bloomberg.com/news/2013-05-20/demoting-jamie-dimon-won-t-fix-jpmorgan-s-poor-governance.html If further proof were needed that price competition doesn’t exist in the expensive U.S. health- care market, it arrived this month. The Centers for Medicare and Medicaid Services published 2011 charges for medical treatments set by more than 3,000 American hospitals. MN4B6707SXKX01 Mon, 20 May 2013 18:30:45 -0400 the Editors http://www.bloomberg.com/news/2013-05-20/wildly-varying-hospital-prices-keep-health-care-expensive.html Republican politicians and activists can barely contain their glee at the simultaneous eruption of three major controversies about the Obama administration. MN4B2X0D9L3501 Mon, 20 May 2013 18:20:54 -0400 Ramesh Ponnuru http://www.bloomberg.com/news/2013-05-20/-obama-scandals-could-actually-hurt-republicans.html There is no standard definition of the all-important term “wing nut,” so let’s provide one. A wing nut is someone who has a dogmatic commitment to an extreme political view (“wing”) that is false and at least a bit crazy (“nut”). MN49XX1A74E901 Mon, 20 May 2013 18:00:02 -0400 Cass R. Sunstein http://www.bloomberg.com/news/2013-05-20/how-to-humble-a-wing-nut.html Peggy Noonan's latest column in the Wall Street Journal is an exercise in ahistorical punditry. bf7a4840a3b501308b1058d38561c600 Mon, 20 May 2013 16:18:49 -0400 James Greiff http://www.bloomberg.com/news/2013-05-20/could-this-be-obama-s-iran-contra-.html The question isn't whether the U.S. government could indict SAC Capital; it's if it should.  b7217c60a3ad01308af258d38561c600 Mon, 20 May 2013 15:11:51 -0400 Jonathan Weil http://www.bloomberg.com/news/2013-05-20/the-u-s-could-indict-sac-capital-but-should-it-.html