State and federal regulators have hailed Tuesday's $13 billion settlement with JPMorgan Chase & Co. over faulty mortgage assets it sold in the years leading up to the financial crisis as a big victory for the judicial system.
But like other big settlements to emerge from the financial crisis, the deal leaves unclear just what the bank did wrong.
Originally published on Fri November 22, 2013 5:47 pm
The U.S. lost an average of 80,000 acres of coastal wetlands from 2004 to 2009, according to the latest data published by federal agencies. More than 70 percent of the estimated loss came in the Gulf of Mexico; nationwide, most of the loss was blamed on development that incurred on freshwater wetlands.
"The losses of these vital wetlands were 25 percent greater than during the previous six years," NPR's Elizabeth Shogren reports for our Newscast unit. She also notes that the loss equals "about seven football fields every hour."
Another day brings another delay for the federal health law known as the Affordable Care Act.
On Friday, the Obama administration announced that, starting next year, it is pushing back the start of the sign-up period for those buying individual and small business insurance until mid-November, rather than mid-October. That will give insurance companies some extra time to set their premiums, given this year's difficulties.
And, as some analysts point out, the delay may also ease some political concerns for Democrats.
New Yorkers have a new way to deliver messages to their newly elected mayor, Bill de Blasio. It's a tent, a huge, translucent one on Canal Street called The Talking Transition Tent. More than 11,000 people have wandered through it so far, and it's become a kind of 21st-century soapbox, as NPR's Margot Adler reports.
It's time to talk politics now with our Friday regulars, columnist E.J. Dionne of The Washington Post and the Brookings Institution and David Brooks of the New York Times who joins us this week from Stanford University. Welcome back to both of you.
E.J. DIONNE: Good to be here.
DAVID BROOKS: Good to be here.
SIEGEL: Start with filibusters. You've heard Ailsa Chang's story. David, is today's level of cooperation in the Senate so paltry that the GOP threat of no more Mr. Nice Guy was worth the Democrats ignoring?
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
MELISSA BLOCK, HOST:
And I'm Melissa Block. Is Washington headed for smoother operation or more dysfunction than ever? Democrats made big changes to the rules of the U.S. Senate yesterday. The changes kill the ability of the minority, the Republicans, to filibuster most presidential nominations.
While international relief efforts in the Philippines are in high gear, efforts by the Philippine government have been hampered. There are bitter rivalries among the country's political clans. And two major political families - including that of the president - are sparring over the response to the disaster. NPR's Anthony Kuhn has that story.
It's been two weeks since the typhoon devastated Tacloban city in the Philippines. Marine Brig. Gen. Paul Kennedy is in Tacloban overseeing U.S. military relief efforts in the Philippines, and he says the city is picking up the pieces, businesses are re-opening and he sees signs up hope in the residents. Kennedy gives Melissa Block an update on the state of affairs in the country.
The University of Alabama football team is unbeaten, ranked number one and attempting to win a third straight national championship under head coach Nick Saban. Here to talk about the Crimson Tide's roll and other stories in college football is sportswriter Stefan Fatsis. Hiya, Stefan.
STEFAN FATSIS, BYLINE: Hey, Robert.
SIEGEL: Three national championships in a row, that would be something.
Drifting is one of those crazy things you should only do in a video game, but I got to experience it in real life at Willow Springs racetrack in the California desert with race car driver and expert drifter Dai Yoshihara.
Drifting, Yoshihara explains, is "a controlled slide through a series of corners at very high speed."
Now we take a moment to highlight and salute another artist. Jazz-great Arturo Sandoval received the Presidential Medal of Freedom this week from President Obama. Sandoval was born and raised in Cuba, where he was once jailed just for listening to jazz music. So he packed up his trumpet and moved to the United States. A country he says gave him the freedom to fill the air with his music. Here's what the president said about him at the ceremony.
This is TELL ME MORE from NPR News. I'm Celeste Headlee. Michel Martin is away. Coming up, we visit the Barbershop and ask the guys to reflect on the 50th anniversary of JFK's assassination in Dallas. That's in just a few minutes.
Originally published on Fri November 22, 2013 5:54 pm
Some cars are meant to be beautiful; some cars are meant to serve a purpose. The makers of the Youabian Puma say their car was created with one goal: "to stand out and be unique." And that's what they've done, as dozens of howling headlines attest.
Originally published on Mon November 25, 2013 10:08 am
School lunch has never been the stuff of foodie dreams. I'm still haunted by the memory of my elementary school cafeteria's "brain pizza" – a lumpy oval thing topped with fleshy white strips of barely melted mozzarella that clumped together like neurons.
And it looks like America's school cafeterias are still turning out the culinary abominations, judging by the images on Fed Up, a fascinating online project showcasing school lunch photos submitted by students across the country.
In Norway, it's "Christmas Eve, New Year's Eve, all of the great days" rolled into one: That's because 22-year-old Magnus Carlsen has beaten the defending champion, India's Viswanathan Anand, to be crowned chess world champion.
The world No. 1's victory Friday over Anand, the world No. 8 and an Indian fan favorite, came after 10 games in Chennai, India. Carlsen won three and drew seven, and earned the highest rating of all time with the 6.5-3.5 win.
Originally published on Fri November 22, 2013 6:56 pm
The Obama administration confirmed early Friday afternoon that starting next year, it plans to push back the start of enrollment for coverage under the new health care law by one month.
NPR's Julie Rovner tells us via Twitter that White House spokesman Jay Carney says the Department of Health and Human Services "has indicated its intent to shift the 2015 marketplace schedule by one month."
Originally published on Fri November 22, 2013 5:36 pm
A former chemist for the state of Massachusetts' crime labs pleaded guilty Friday to falsifying drugs tests that potentially compromised tens of thousands of criminal cases. WBUR reports she admitted all 27 counts against her.
Update at 4:40 p.m. ET: Prison Sentence Of 3-5 Years
Judge Carol Ball sentenced Annie Dookhan, 36, to three to five years in prison, plus a probation period. Prosecutors had requested a sentence of from five to seven years in prison.
This is SCIENCE FRIDAY. I'm Ira Flatow. Those of us of a certain age can remember exactly what we were doing on a Friday this hour 50 years ago when we heard the news. President Kennedy's assassination horrified and transfixed the nation. It was murder in plain sight, seemingly the easiest kind of crime to solve. But 50 years later the basic facts of the case are still debated.
Grammy Award-winning musician Esperanza Spalding has a problem with using the phrase "protest song" to describe her new recording, "We Are America." The song, along with its accompanying music video, demands congressional action to close the detention center at Guantanamo Bay.
" 'Protest' doesn't seem accurate to me," she tells NPR's Celeste Headlee. "We weren't thinking of a 'protest' song, we're thinking of a 'let's get together and do something pro-active, creative and productive' song."