The Federal Reserve today released transcripts of its meetings in 2008, back when the financial crisis was unfolding. The documents show Fed policymakers struggling to understand and respond to failing Wall Street banks and the global financial system in turmoil. NPR's John Ydstie has been reading through the transcripts and joins us now. Hey there, John.
JOHN YDSTIE, BYLINE: Hi, Audie.
CORNISH: So we've had these minutes, at least, right, from most of these meetings for years. What do we learn from the transcripts?
Originally published on Fri February 21, 2014 7:27 pm
It took far longer than many people expected. But the American Speedskating team that came to Sochi with high expectations has finally won an Olympic medal. The men's short track relay team finished second to Russia Friday, two days before the Winter Games come to an end.
If there's a merit badge for business savvy, 13-year-old Girl Scout Danielle Lei might well deserve one.
Danielle, who set up her table of Girl Scout cookies outside The Green Cross medical marijuana dispensary in San Francisco earlier this week, sold a whopping 117 boxes in a single day. She appears to have tapped into a niche market fueled by the drug's well-known propensity to stimulate appetite.
Originally published on Fri February 21, 2014 3:50 pm
Canada beat the U.S. men 1-0 in Olympic hockey Friday, winning a tense game that saw strong goalie play and stout defensive work. Despite numerous chances, the Americans weren't able to challenge Canadian goalie Carey Price.
The game was a rematch between two teams that played for gold at the Vancouver 2010 Games. That contest went to overtime before Canada's Sidney Crosby scored an artful golden goal that dashed the Americans' dreams of repeating as gold medalists — something they haven't done since the famed 1980 "Miracle on Ice" Olympics.
No rest for weary tech reporters this President's Day week, as the news on this beat tumbled forth fast and furiously. A look back at some of the topics dominating conversation follows, with NPR coverage in the "in case you missed it" section, and largely curated coverage from elsewhere in "The Big Conversation" and "Curiosities."