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NPR

How The Financial Crisis Created A 'New Third World'

In Boomerang, writer Michael Lewis tells the stories of the countries hit hardest by the 2008 financial crisis. He also profiles some people who bet against European governments and are likely to make millions if and when they default.
NPR

Inspector General: Fannie Mae Was Told About Foreclosure Abuse In 2003

Warnings were given but action wasn't taken, an inspector general says. Read the report.
NPR

Can Yahoo Be A Chinese Company?

Alibaba, China's largest search engine, may be trying to stage a takeover of Yahoo. The prospect raises thorny issues — not only because of Yahoo's stormy relationship with its subsidiary — but because of China's checkered history using communications infrastructure for hacking, as well as monitoring the activities of its own citizens.
NPR

Sprint Gambles On Apple's iPhone

The nation's No. 3 mobile carrier Sprint is betting its future on a major deal with Apple. The Wall Street Journal reports Sprint has committed to buy more than 30 million iPhones. This would be the first time Sprint is putting the iPhone in its lineup.
NPR

Venture Capitalist Warns Of Job Creation Myths

Bill Frezza, a venture capitalist and a fellow at the Competitive Enterprise Institute says the idea that creating jobs leads to growth and prosperity is a fallacy. He tells Lynn Neary that the jobs myth is at the heart of the nation's unemployment problems.
NPR

Obama Sends Trade Agreements To Congress

President Obama has sent to Congress long-delayed trade agreements with Colombia, Panama and South Korea. The deals are hailed as a boon to job creation, but also feared as a threat to existing jobs.
NPR

Will Wall Street Protests Grow Into A Movement?

As the protests against Wall Street enter their third week, community groups and unions are beginning to join the demonstrations. The diverse group has staged almost daily marches and has been pretty much spontaneous and leaderless. Some protesters want the group to have specific goals.

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