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2:38 pm
Mon January 7, 2013

Bank Of America To Pay Fannie Mae $11.6 Billion To Buy Back Troubled Loans

Originally published on Mon January 7, 2013 4:19 pm

Bank of America and Fannie Mae have agreed to settle legal issues stemming from the subprime mortgage crisis. The bank will pay Fannie Mae $3.6 billion in cash and will also spend $6.7 billion to repurchase certain mortgages sold to Fannie Mae.

National Security
2:36 pm
Mon January 7, 2013

Hagel Critic: 'He Seems To Have Some Kind Of Problem With Jews'

Originally published on Sun January 13, 2013 7:01 am

Transcript

AUDIE CORNISH, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Today, President Obama announced his nominees for two key national security posts. For CIA director, he picked John Brennan, now his top counterterrorism adviser. And for defense secretary, Chuck Hagel, a former senator from Nebraska, a Republican and a Vietnam War veteran.

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The Two-Way
2:31 pm
Mon January 7, 2013

What Lance Armstrong, And The USADA, Might Gain From A Confession

Lance Armstrong, seen here at a LIVESTRONG Challenge Ride in October 2012, might be willing to confess to doping — in exchange for an easing of his lifetime ban, according to reports.
Cooper Neill Getty Images

Originally published on Tue January 8, 2013 7:23 am

The news that disgraced cyclist Lance Armstrong might be willing to confess to the doping charges he spent years denying has reopened interest in his case — and in the question of whether his lifetime ban from competitive sports could be eased in exchange for Armstrong's cooperation.

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Asia
2:07 pm
Mon January 7, 2013

China Pledges Reforms To Labor Camps, But Offers Few Details

Ren Jianyu poses for a photograph at a restaurant in Chongqing, China, on Nov. 19, 2012, after being freed from a labor camp. The village official was sentenced to a "re-education through labor" camp after he criticized the government.
STR Reuters/Landov

Originally published on Mon January 7, 2013 6:23 pm

China has indicated that it will stop handing down sentences to its controversial labor camps, which allow detention without trial for up to four years. According to Chinese media, some 160,000 prisoners were held in "re-education centers" at the end of 2008.

Critics of the system greeted the announcement — which was slim on details — with cautious optimism.

Pressure to change the system has been mounting after a number of high-profile cases, including that of Ren Jianyu, who had been a young village official.

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The Two-Way
1:43 pm
Mon January 7, 2013

'Gun Appreciation Day' Is Jan. 19, Conservative Groups Declare

At the Great Southern Gun and Knife Show in Birmingham, Ala., over the weekend, rows of weapons drew a record crowd.
Joe Songer AL.COM /Landov

Originally published on Mon January 7, 2013 1:45 pm

Saying they're following the example of last year's Chick-fil-A Appreciation Day, a coalition of "gun rights" activists announced today that they're calling on like-minded Americans to visit gun stores, gun ranges and gun shows on Jan. 19 in a show of unity they're calling "Gun Appreciation Day."

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The Two-Way
12:57 pm
Mon January 7, 2013

Kilograms With Weight Problems May Get High-Tech Cleanings

Back in 2009, as Morning Edition reported, some scientists were worried that the small metal cylinder used as the world's standard for what a kilogram should be might be losing weight.

But there were also those who thought the problem might have nothing to do with that carefully sealed away cylinder in Paris — that the real problem might be that the 40 replicas sent around the world are gaining weight.

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Europe
12:46 pm
Mon January 7, 2013

Berlusconi Plots His Comeback: 'You Italians Need Me'

Former Prime Minister Silvio Berlusconi (left) has returned to Italy's political scene in advance of next month's election. Also in the race is the current Prime Minister Mario Monti (right). They are shown here in November 2011 as Monti took over for Berlusconi.
Alberto Pizzoli AFP/Getty Images

Originally published on Mon January 7, 2013 4:19 pm

With elections in Italy just weeks away, polls show leftist parties with a comfortable lead. Yet attention is focused on the battle between the former prime minister, Silvio Berlusconi, and the current prime minister, Mario Monti, an austere technocrat.

Monti's platform calls for continued austerity, budget cutting and labor reforms.

While Berlusconi and Monti are the two big names in next month's race, the expected winner is the leader of the leftist Democratic Party, Pier Luigi Bersani.

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The Two-Way
12:33 pm
Mon January 7, 2013

Aurora Shooting Suspect Looked Like A Fellow Officer, Police Say

James Holmes faces multiple counts of first-degree murder and attempted murder in the July 20 theater shooting in Aurora, Colo. Here, he's seen in a photo from the Arapahoe County Sheriff's Office.
AP

Originally published on Mon January 7, 2013 4:19 pm

Moments after a deadly attack that turned an Aurora, Colo., movie theater into a scene of panic and tragedy, the police officer who found suspect James Holmes at first took him for a fellow police officer, due to the body armor Holmes was wearing.

But he noticed that Holmes was "just standing there" and had no sense of urgency — despite the pandemonium at the theater, as people continued to stream out.

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Politics
12:09 pm
Mon January 7, 2013

The Consequences Of A Short-Term Farm Bill Fix

Transcript

ARI SHAPIRO, HOST:

This is TALK OF THE NATION. I'm Ari Shapiro in Washington. Neal Conan is away. Well, Congress averted the milk cliff. A five-year farm bill was set to expire, and it could have doubled the price of milk if that had happened. But instead of passing a new five-year plan, Congress extended parts of the old farm bill. That renews subsidies for grain, cotton and soybeans; it cuts budgets for some organic and environmental initiatives.

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Opinion
12:04 pm
Mon January 7, 2013

Opinion Roundup: Obama's National Security Nominations

Originally published on Sun January 13, 2013 7:01 am

Transcript

ARI SHAPIRO, HOST:

And now, the Opinion Page. Washington is gearing up for a new controversy today. Earlier today President Obama announced his nominees for two key national security positions.

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Movie Reviews
11:23 am
Mon January 7, 2013

Mozart's Starring Role In 'Sunday Bloody Sunday'

John Schlesinger's 1971 film Sunday Bloody Sunday has just been released on Blu-ray. The film's complex love triangle starred Peter Finch, Murray Head and Glenda Jackson.
The Kobal Collection

Originally published on Mon January 7, 2013 11:35 am

Sunday Bloody Sunday is one of those films that lets you into the lives of believable, complicated characters. A handsome, self-centered young artist played by the actor/rock singer Murray Head is having simultaneous affairs with both an older woman (played with infinitely nuanced self-irony by Glenda Jackson) and an older man, a Jewish doctor (the touching Peter Finch), two intelligent adults who have mutual friends and even know each other slightly.

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Television
11:23 am
Mon January 7, 2013

Julian Fellowes On The Rules Of 'Downton'

Jim Carter as Mr. Carson in Downton Abbey. The third season premiered on PBS Sunday.
WGBH/PBS

Julian Fellowes may be the Baron Fellowes of West Stafford, but the English screenwriter, director and novelist says his background "was much more ordinary than the newspapers have made it." What he means is that he did not grow up with servants waiting on him hand and foot, as people have seen done for the Crawley family on Downton Abbey, the hit television series Fellowes created. The third season premiered Sunday.

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The Two-Way
10:49 am
Mon January 7, 2013

Obama Nominates Hagel For Defense, Brennan For CIA

The nominees: John Brennan (left), who is President Obama's choice to head the CIA; and former Sen. Chuck Hagel, R-Neb., who the president has asked to be secretary of defense.
STAFF Reuters /Landov

Originally published on Mon January 7, 2013 12:16 pm

  • NPR coverage of the Hagel/Brennan nomination announcements

President Obama this afternoon nominated former Sen. Chuck Hagel, R-Neb., to be his next defense secretary and counterterrorism adviser John Brennan to lead the Central Intelligence Agency.

In those two, the president said, he has chosen men with experience in the field and who "understand the consequences of decisions we make in this town" on the men and women who serve America around the world,

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Planet Money
10:48 am
Mon January 7, 2013

New Bank Rule: Sounds Boring, Actually A Big Deal

The Bank for International Settlements in Basel, Switzerland: world capital of bank rules that sound boring but are actually a big deal.
Fabrice Coffrini AFP/Getty Images

Originally published on Mon January 14, 2013 3:59 pm

We don't hear much about bank liquidity, partly because it sounds so dull. It's much more fun to talk about prop trading (fear the London Whale!) or structured finance (synthetic CDOs are crazy!).

But if you're trying to figure out how safe banks are — and how willing they'll be to make loans to ordinary people — liquidity is at least as important as other, more-dramatic-sounding corners of finance.

So the new liquidity rules global banking regulators released yesterday are a big deal for the real economy.

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The Two-Way
10:13 am
Mon January 7, 2013

Kulluk Drilling Rig Being Towed To Shelter In Alaska

The 266-feet-wide Kulluk oil rig, seen here as it sat aground last Thursday, is being towed 30 miles to the north.
Kulluk Response

Originally published on Mon January 7, 2013 11:06 am

The Kulluk, the Shell oil-drilling rig that washed aground last weekend, is afloat and being towed to shelter on Kodiak Island in the Gulf of Alaska. The craft began its 30-mile trip late Sunday night. Examinations of the vessel have not found any signs of a leak.

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The Two-Way
9:57 am
Mon January 7, 2013

Big Banks Agree To Pay $8.5 Billion To Settle Foreclosure-Abuse Claims

April 2011: A foreclosure sign in front of a home in Richmond, Calif.
Justin Sullivan Getty Images

Originally published on Mon January 7, 2013 4:26 pm

Ten of the nation's major mortgage servicing companies, including household names such as Bank of America and Citibank, have agreed to pay $8.5 billion to resolve claims that they abused some homeowners when they foreclosed on mortgages during the recent housing crisis, the Federal Reserve and the Comptroller of the Currency announced late Monday morning.

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The Two-Way
9:54 am
Mon January 7, 2013

Secretary Clinton Back At Work

Secretary of State Hillary Clinton (at right, in front) in a photo released today (Jan 7, 2013) by the State Department. A spokesman says it was taken around 9:15 a.m. ET at a meeting with the department's assistant secretaries.
State Department

Originally published on Mon January 7, 2013 10:49 am

After nearly a month of health problems that culminated with a stay in a New York City hospital for treatment of a blood clot in a vein between her brain and her skull, Secretary of State Hillary Clinton was back in her office Monday morning.

The State Department released a photo of the 65-year-old, soon-to-be-retired Clinton chairing a weekly meeting of assistant secretaries.

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Theater
9:24 am
Mon January 7, 2013

You're Invited: Verdi's 200th Birthday Celebration

Originally published on Tue January 8, 2013 12:17 pm

Transcript

CELESTE HEADLEE, HOST:

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Arts & Life
9:24 am
Mon January 7, 2013

Russell Peters, 'Notorious' And Unapologetic

The Indian-Canadian comedian is known for mimicking accents and poking fun at race, culture and class. He's performed for audiences worldwide. All that after being bullied as the brown kid in a mostly white neighborhood. Peters talks to guest host Celeste Headlee about his personal life and his new world tour called 'Notorious.'

Movie Interviews
9:24 am
Mon January 7, 2013

Mexican Reporters Take On Cartels Despite Risks

For decades, journalists at the Tijuana newspaper Zeta have doggedly covered government corruption and narco-trafficking. That's made them the target of violence and threats. Bernardo Ruiz tells their stories in his new documentary, Reportero. He talks with guest host Celeste Headlee.

Health
9:24 am
Mon January 7, 2013

Concern Rises Over Hugo Chavez's Health

The Venezuelan president hasn't been heard from or seen publicly since undergoing cancer surgery last month. How is the uncertainty affecting Venezuelans and their relations with the US? Guest host Celeste Headlee speaks with NPR's Juan Forero.

All Songs Considered
9:11 am
Mon January 7, 2013

Question Of The Week: What Are Your Music Resolutions For 2013?

Originally published on Wed January 9, 2013 11:47 am

I'm not very good at keeping New Year's resolutions. One year I resolved to "get into yoga." I even wrote that down on a note card and kept it on the refrigerator. Two months later, after doing nothing, I crossed it out and wrote, "be AWARE of yoga."

This year I didn't bother making a list about health and fitness resolutions. But I do have a mental list of some personal improvements I'd like to make when it comes to music.

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Monkey See
9:08 am
Mon January 7, 2013

Why 'Amour' Is Sad, But Not Depressing

Emmanuelle Riva in Michael Haneke's Amour.
Sony Pictures Classics

Originally published on Wed February 20, 2013 1:29 pm

The first voices I heard about Michael Haneke's Amour were essentially in complete agreement: beautiful, brilliant, almost unbearably depressing. Having seen it, I'm not sure I agree with that last part.

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The Two-Way
9:08 am
Mon January 7, 2013

Amid Pandemonium, Court In Indian Rape Case Is Closed To Public

Inside the courthouse in New Delhi today, there were chaotic scenes leading up to a hearing for men accused in the rape and death of a young woman. Outside, Indian police stood watch.
Sajjad Hussain AFP/Getty Images

The five men accused in the rape case that has reverberated around the world were brought before a New Delhi magistrate for the first time today — but only after she sealed the proceedings.

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The Two-Way
8:51 am
Mon January 7, 2013

Lee Harvey Oswald's Apartment Building Is Coming Down, Dallas Declares

Lee Harvey Oswald on Nov. 23, 1963, after his arrest for President Kennedy's assassination. The next day, Oswald was shot and killed as he was being moved from a Dallas police station to the local county jail.
dpa /Landov

Originally published on Mon January 7, 2013 3:25 pm

After more than a year of legal wrangling, the city of Dallas has apparently decided enough is enough.

It is sending contractors to an apartment building once lived in by presidential assassin Lee Harvey Oswald to tear the dilapidated structure down.

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Marian McPartland's Piano Jazz
8:28 am
Mon January 7, 2013

Milt Jackson On Piano Jazz

Milt Jackson.
William Gottlieb Library of Congress via Flickr

Vibraphonist Milt "Bags" Jackson would have been 90 this year. A member of the Modern Jazz Quartet, he also worked with Dizzy Gillespie, Charlie Parker, Wes Montgomery and many more.

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The Two-Way
6:50 am
Mon January 7, 2013

Top Stories: CIA Nomination; Aurora Shooting Hearing; Football

Washington Redskins quarterback Robert Griffin III reinjured his right knee during Sunday's playoff game against the Seattle Seahawks. Washington lost 24-14.
Al Bello Getty Images

Good morning.

Our first two headlines of the day were on news that broke this morning:

-- Counterterrorism Adviser Brennan To Be Tapped For CIA.

-- Bank Of America To Pay Fannie Mae $3.6B, Buy Back $6.75B In Mortgages.

Other stories making headlines:

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The Two-Way
6:09 am
Mon January 7, 2013

Bank Of America To Pay Fannie Mae $3.6B, Buy Back $6.75B In Mortgages

Bank of America's corporate center in Charlotte, N.C.
Scott Olson Getty Images

Originally published on Mon January 7, 2013 7:43 am

Bank of America announced this morning that it will pay the Federal National Mortgage Association (Fannie Mae) $3.6 billion in cash and will buy back $6.75 billion worth of mortgages to resolve claims related to mortgage-backed securities sold to Fannie Mae by the bank and Countrywide Financial Corp. (which BofA acquired in 2008.

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National Security
5:56 am
Mon January 7, 2013

Obama To Pick New Pentagon, CIA Leaders

Originally published on Sun January 13, 2013 7:01 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

President Obama wants a Republican to be his next secretary of Defense, and some Republicans really don't like the choice.

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Animals
5:56 am
Mon January 7, 2013

Cat Tries To Help Inmates Bust Out Of Prison

Authorities at a Brazilian prison noticed a bulky cat wandering on prison grounds. They discovered the small black-and-white cat was hauling in saws, drills, a cell phone and charger — all taped to its body.

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