Saying he is "completely puzzled by the notion that there was something immoral that went on here," the man at the top of the agency that regulates Freddie Mac has explained why he believes the taxpayer-owned mortgage company did nothing wrong when one of its arms, as NPR and ProPublica have reported, "placed multibillion-dollar bets against American homeowners being able to refinance to cheaper mortgages."
"We have our own threats to impose at the right time" and "I have no fear of saying that we will back and help any nation or group that wants to confront and fight against the Zionist regime (Israel)," Iranian Supreme Leader Ayatollah Ali Khamenei said today after reports surfaced that Israel could soon mount air strikes on Iran's nuclear facilities.
Good morning. I'm Renee Montagne. OK, there's the graffiti artist who will make millions because he opted for stock over cash for painting murals at Facebook's offices. Then there's the contractor in Oshkosh who took Facebook stock for work on the home of Marianne Oleson. She claims she'd acquired the stock because her daughter knew Facebook's founder. But the stock is fake. Oleson is accused of fraud, and the contractor, not in for millions, but out thousands. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Police have apprehended a man accused of stealing five tons of ice from a glacier in Chile. The Guardian reports police nabbed him with the illicit ice in his refrigerated truck. They believe he planned to sell it as designer ice cubes to the trendy bars of Santiago.
Poet Wislawa Szymborska of Poland died this week at the age of 88. Renee Montagne talks to Lawrence Weschler about her death. He covered Poland in the 1980s and '90s as a staff writer for The New Yorker. And Weschler has written about her in his books including his latest Uncanny Valley.
Anyone watching the recent court proceedings in the military commissions at Guantanamo Bay couldn't have helped but notice that several of the lawyers sitting on the prosecution side of the courtroom were not in uniform. That's because two of the five lawyers prosecuting the alleged mastermind of the USS Cole attack aren't members of the military at all: They are lawyers from the Justice Department.
Facebook filed to go public this week, and many analysts expect that it will be valued between $75 billion and $100 billion on the day of its initial public offering. That would make Facebook more valuable than GM, Ford and even Goldman Sachs.
What's most remarkable is that the company has barely 3,000 employees, and many of them are about to become very, very rich.
The red areas show gray matter that is abnormally increased in drug users. Blue shows gray matter that is abnormally decreased in drug users. Yellow shows white matter tracts, called fractional anisotropy or FA. FA is significantly reduced in both the drug users and in their siblings, which suggests that the white matter tracts work less efficiently.
On Feb. 5, fashion designer Jason Wu is launching a limited-edition line for Target. Wu became famous for designing Michelle Obama's inaugural gown. He's the latest high-end designer to partner with a mainstream retailer and offer his chic couture at cheap prices for the masses.
On a bitterly cold morning in Washington, D.C., last November, hundreds of fashionistas flooded the street in front of the low-priced fashion chain H&M. Italian luxury label Versace was launching a collection there, and customers were waiting for the doors to open.