Originally published on Wed June 13, 2012 10:00 am
"This portfolio morphed into something that, rather than protect the firm, created new and potentially larger risks. As a result, we have let a lot of people down, and we are sorry for it."
That's part of JPMorgan Chase President and CEO Jamie Dimon will tell the Senate's Committee on Banking, Housing and Urban Affairs tomorrow, when it looks into the botched trades that lost the bank $2 billion. Chase released Dimon's prepared remarks this afternoon.
Federal authorities arrested seven people, today, in connection with what authorities say was a multi-million dollar money laundering operation run by Mexican drug cartel Los Zetas.
The scheme allegedly used the millions earned through the illicit drug trade to purchase, train, breed and race American quarter horses in the United States. The Department of Justice said 14 had been indicted; among them is Zetas leader Miguel Ángel Treviño Morales and his brothers Oscar Omar Treviño Morales and José Treviño-Morales.
Originally published on Tue October 16, 2012 1:46 pm
Jesse Metcalfe and Josh Henderson are reigniting the Ewing family rivalry as on-screen step-brothers in TNT's reboot of Dallas. The actors talked with NPR's Allison Keyes on Morning Edition today about the show's new (and returning) characters. Fortunately, the rivalry doesn't get in the way of their love for NPR.
Around this time each year I begin to marvel at how we've already reached the halfway point. I haven't even taken down my Christmas lights yet and already everyone's reflecting on all the great music we've had so far.
The music made by Thomas Wesley Pentz, better known by his stage name, Diplo, is one part club-music mashup and one part pop music forecast. In 2009, he took bubblin' — a syncopated house style born in the clubs of Holland — as inspiration and collaborated with fellow DJ Switch, his partner in the group Major Lazer, to make the dance-floor hit "Pon de Floor." But he wasn't done with the bubblin' sound yet. In 2011, he used that song as basis for "Run the World (Girls)," a single by the pop star Beyonce.
George Zimmerman has been charged with second degree murder in the shooting death of teenager Trayvon Martin, a 17-year-old African-American. George Zimmerman, a neighborhood watch volunteer, has claimed he acted in self defense.
Leaders of a group that represents most Catholic sisters in the United States meet with Vatican officials in Rome today. As we've reported, the sisters went to Rome to talk to the head of the Vatican's Congregation for the Doctrine of the Faith about a report that found the group was running afoul of church doctrine.