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Ex-CEO: Barclays Isn't The Only Bank At Fault

"We have a profound issue — that is, an industry-wide issue, not just a Barclays issue," Robert Diamond told Parliament members Wednesday. The former head of Barclays Bank resigned Tuesday over a growing interest-rate manipulation scandal.

Episode 384: The Little Lie That Rocked The Banks

The most important interest rate in the world has been set by what amounts to an honor system among banks. Now it turns out at least one bank was fudging the numbers.
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Arundel Mills Casino Outpaces Competitors

The new Maryland Live! casino generated more than twice as much revenue in its opening month as both of the other Maryland casinos combined.


Storm Stimulus Unlikely As Communities Recover

Major storms can spur significant economic activity as homeowners and businesses rebuild. But this week's storms are unlikely to provide much benefit.

States Go To Casinos, But Does The Gamble Pay Off?

Maryland and Ohio are the latest states turning to casinos to help address tight budgets. The Philadelphia Inquirer's Suzette Parmley reports on gambling and says that nationwide, casinos brought in about $33 billion in 2011. Parmley speaks with host Michel Martin about the growth of legal gaming and the potential costs to the people who play.

Daycare Needs Stretch Around The Clock

As more people take shift work in the still struggling economy, the need for after hours child care has increased. Throughout the country, many daycare centers have begun offering evening hours or 24-hour care. Parents say their kids should be sleeping at home at night, but they have no choice but to work when jobs are available.

Obama's 'Clean Coal' Fighting Words To W.Va. Dems

How can an inmate beat out a sitting president in his party's primary? In parts of West Virginia, the answer is easy to explain. Just ask those who say Obama's policies threaten the culture of coal.

As Strikes Wane, Caterpillar Workers Hold The Line

About 800 machinists at an Illinois Caterpillar plant are entering their third month on strike. Strikes of large numbers of workers were relatively common in the 1970s, but today, work stoppages of this size — and this length — are rare.