Guy Raz speaks with Leslie Bruce, senior writer the Hollywood Reporter, about the money behind reality star Kim Kardashian's wedding to basketball player Kris Humphries. The reportedly multimillion dollar wedding actually earned the Kardashian family money through various deals with entertainment television and magazines. But Kardashian filed for divorce Monday after 72 days of marriage.
Robert Siegel speaks with Ken Bensinger, business reporter for the Los Angeles Times, about used car sales lots known as "Buy Here Pay Here" dealerships. Bensinger has written a three-part investigative series on this type of business. He tells Robert that "Buy Here Pay Here" lots are very common, and they prey on people with low incomes and bad credit. They charge high prices and very steep interest rates. And in many cases the buyer defaults on the loan, and the car is repossessed and resold again and again.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
GUY RAZ, HOST:
And I'm Guy Raz. Investigators are poring over the books of MF Global today. They're trying to figure out what happened to several hundred million dollars. The investment firm, run by former New Jersey Governor Jon Corzine, filed for bankruptcy yesterday. It failed in large part because it made ill-timed multibillion dollar bets on European debt. NPR's Yuki Noguchi reports on where all that missing money could have gone.
Senators grill a high-level Justice Department official about why they didn't do or say more about two Bureau of Alcohol, Tobacco, Firearms and Explosive gun trafficking operations that resulted in hundreds of guns going missing in Mexico.
Bank of America canceled plans to impose a $5 monthly fee on customers who use debit cards in stores and restaurants. The bank's original decision to charge the fee came under sharp attack from consumer groups and individual customers.
And you know the game where you guess how many candies are in a jar and win something cool? Well, at the APHA meeting, the anti-tobacco American Legacy Foundation is giving away a new Kindle, if you can guess how many cigarette butts are in a huge jar.
Republican presidential candidate Herman Cain speaks Monday at the National Press Club in Washington, D.C. During a question and answer portion of the program, Cain called the accusations of sexual harassment against him "a witch hunt."
Credit Robert Kradin / AP
Wendell Willkie, photographed in New York in 1942, was the GOP nominee for president in 1940 even though he had never held elected office.
Originally published on Tue November 1, 2011 8:11 pm
The lawyer for a woman who settled a sexual harassment complaint against Republican presidential candidate Herman Cain in the late 1990s says that Cain may have violated the confidentiality terms of the agreement by commenting on its specifics over the past 24 hours.
"Herman Cain and others have already disclosed that there was a confidential settlement," says Joel P. Bennett, a Washington-based attorney specializing in employment law, who also represented the woman when she negotiated her settlement.
In a lawsuit filed against one of the largest private mortgage brokers in the country, the United States alleges fraudulent lending practices by Allied Home Mortgage Capital Corp. cost the government $834 million in insurance claims paid by the Department of Housing and Urban Development.
Roll Call, a newspaper that specializes on reporting from Capitol Hill, digs through the personal financial disclosure forms of elected officials every couple of years to look at trends in the aggregate.
In its analysis of this year's data, it found that "members of Congress had a collective net worth of more than $2 billion in 2010, a nearly 25 percent increase over the 2008 total..."