Thomas Monaghan (left), founder and chairman of Domino's Pizza, signs an agreement to sell a "significant portion" of his stake in the company to Mitt Romney's Bain Capital, in 1998. Romney, then Bain's CEO, maintains that he left the firm the following year.
Mary Schapiro, chairman of the Securities and Exchange Commission, and Gary Gensler, chairman of the Commodity Futures Trading Commission, before a June congressional hearing. Both agencies adopted hundreds of pages of rules this week.
In Tuesday's show, economist Luigi Zingales warned that massive, overly complicated laws and regulations go a long way toward undermining public trust in the government. They leave only lobbyists and lawyers reading the rules, in the pursuit of loopholes.
By coincidence, on Tuesday a key federal financial regulator said it had approved a collection of definitions and conditions for regulating a big chunk of the derivatives market.
In 2009, Italian photographers Arianna Arcara and Luca Santese were on assignment in Detroit to document the U.S. economic crisis. While wandering around the city, they kept coming across old photos. They gathered about 1,500 over the course of two trips and, writes Arcara via email, "we fell in love."
"We thought we could do a better job working on this material that was actually taken from the people that lived in that town ... instead of taking pictures of the aftermath of the crisis."
A day after Republican presidential candidate Mitt Romney spoke to the nation's oldest civil right organization, Vice President Joe Biden appeared at the NAACP's annual convention. He quickly tackled one issue that drew Romney sustained boos — the 2010 health care overhaul.
Biden appeared in place of President Obama, who made a brief videotaped address thanking the group for its work. He walked out to warm applause, and several of his remarks were interrupted by shouts of agreement.
This week, a federal panel is hearing arguments for and against a voter ID law in Texas. U.S. Attorney General Eric Holder says the Texas voter ID law is like a modern poll tax. Guest host Maria Hinojosa talks more about the issue with Rep. Jose Aliseda, who testified at the hearing. He's a Republican State Representative for Texas who was born in Mexico.
Guest Host Maria Hinojosa talks with Kamala Harris, California's Attorney General about the state's newly passed "Homeowner Bill of Rights." The law, which was signed yesterday by Governor Jerry Brown, makes it harder for lenders to seize a property and allows homeowners to sue to stop a foreclosure process.
NPR's Tom Goldman on what's expected in the Freeh report
In a scathing report that takes to task former head football coach Joe Paterno and other top Penn State officials, an independent report from investigators led by former FBI director Louis Freeh says there was a "total disregard for the safety and welfare" of Jerry Sandusky's child victims "by the most senior leaders" at the school.
That is "our most saddening and sobering finding," Freeh concludes about his investigation into the scandal that rocked the school last year.