Calif. City Proposes Unique Plan To Avoid Foreclosures | WAMU 88.5 - American University Radio

Calif. City Proposes Unique Plan To Avoid Foreclosures

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A federal judge in San Francisco on Thursday hears arguments over a radical plan to stem the foreclosure crisis. The City of Richmond is proposing to buy underwater mortgages in order to help keep local residents in their homes. If banks don't want to sell those mortgages, the city says it is prepared to invoke eminent domain to seize the mortgages.
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U.S. Officials Believe North Korea Was Behind Sony Hack

The recent attack on Sony Pictures' computer network that resulted in a flood of confidential data has its origins in North Korea, U.S. intelligence officials say.
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Japan's Butter Shortage Whips Its Cake Makers Into A Frenzy

For the Japanese, Christmastime means sponge cake. But a nationwide butter shortage has lead to mandatory butter rationing, forcing cake bakers to seek out substitutes.
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Satanist And Christian Holiday Displays To Go Up At Michigan Capitol

The situation has brought controversy — and energized Christians who realized that a planned Nativity scene was in danger of being canceled.
NPR

U.S. Officials Believe North Korea Was Behind Sony Hack

The recent attack on Sony Pictures' computer network that resulted in a flood of confidential data has its origins in North Korea, U.S. intelligence officials say.

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