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    Despite Losses, Bank Of America CEO Receives Huge Raise

    Despite the fact that Bank of America lost 58 percent of its value in 2011, its CEO received a compensation package worth $7.5 million. That's a six fold increase from the year before. The AP reports that under Brian Moynihan, Bank of America also lost its title as the No. 1 bank by assets to JPMorgan Chase.

    The New York Times estimates the package is worth $8.1 million. The Times adds:

    "Last year was a turbulent transition for the bank, the second-largest in the United States after JPMorgan Chase, with Bank of America shares dropping below the psychologically important $5 level at one point. During his second year leading the bank, Mr. Moynihan aggressively sold off noncore assets and built up capital levels. Investors have rewarded the strategy more recently, with the stock up sharply in 2012, currently trading at just under $10 a share."

    Bloomberg reports that in 2012 and after Moynihan, 52, sold more than $33 billion assets, the bank's stock has rallied, advancing 70 percent. The Times reminds us that rally could also have to do with greater confidence in the U.S. economy and the fact that the bank passed a federal stress test.

    Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

    NPR

    'We're Mostly Republicans': New Hampshire Voters Explained By 'Our Town'

    After NPR's Bob Mondello used The Music Man to help explain the Iowa caucuses, he wished there was a musical of Our Town so he could do the same for New Hampshire. It turns out there is one.
    NPR

    Gulf Of Mexico Open For Fish-Farming Business

    For the first time, companies can apply to set up fish farms in U.S. federal waters. The government says the move will help reduce American dependence on foreign seafood and improve security.
    WAMU 88.5

    What's Behind Trends In U.S. Violent Crime Rates

    FBI data suggest there was a slight uptick in violent crime in the first half of last year, but overall violent crime rates in the U.S. have dropped dramatically over the last twenty years. What led to the long-term decline, and why do some say it’s likely to continue?

    WAMU 88.5

    Blocked: Twitter's Role In Combating Violent Extremism

    Over the course of seven months, Twitter has suspended over 125,000 accounts for threatening or promoting terrorist acts.

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