Planet Money
7:25 am
Sat September 3, 2011

The Government's Case Against The Banks

Chuck Burton AP

During the housing boom, banks sold investors bundles of mortgages that were shoddier than promised, according to lawsuits the federal government filed yesterday.

This allegation won't come as a surprise to anyone who has followed the financial crisis; similar accusations have been flying around for years.

It's the scope of the lawsuits that makes them such a big deal: 17 separate suits naming many of the world's biggest banks and covering nearly $200 billion in mortgage-backed securities.

Read more
Economy
6:00 am
Sat September 3, 2011

Youth Joblessness Creates Ripple Effect

Not having a summer or after-school job affects more than just a kid's wallet. It also has real consequences for his or her personal and economic development.

While the overall unemployment rate is stuck at 9.1 percent, the unemployment rate for 16- to 19-year-olds has been going up since February. Currently 25.4 percent of teenagers who want jobs can't find them.

Read more
Economy
4:22 am
Sat September 3, 2011

Jobs Numbers Paint 'Very Gloomy' Picture For All

President Obama is set to deliver a major speech on jobs next Thursday, and his task will be even more challenging after Friday's monthly government jobs report. The U.S. Labor Department says there was no job growth for the first time in a year, and unemployment was unimproved, staying at 9.1 percent.

NPR's Scott Horsley tells Weekend Edition host Scott Simon some jobs were added, but not enough to make up for other losses.

Read more
National Security
3:38 am
Sat September 3, 2011

WikiLeaks Now Victim Of Its Own Leak

The founder of WikiLeaks, Julian Assange, once said his mission was not simply to divulge secrets, but to make sure the release of that information actually made a difference.

He shared his trove of diplomatic cables with The New York Times, the Guardian in London, and other news organizations so they could draw the world's attention to the most important parts.

Read more
Research News
7:03 pm
Fri September 2, 2011

Why The Trip Home Seems To Go By Faster

Does getting home from your vacation spot always seem to take less time than getting there? A new scientific study provides an explanation for why.
Harold M. Lambert Lambert/Getty Images

In 1969, astronaut Alan Bean went to the moon as the lunar module pilot on Apollo 12. Although the trip going to the moon covered the same distance as the trip back, "returning from the moon seemed much shorter," Bean says.

People will often feel a return trip took less time than the same outbound journey, even though it didn't. In the case of Apollo 12, the trip back from the moon really did take somewhat less time. But the point remains that this so-called "return trip effect" is a very real psychological phenomenon, and now a new scientific study provides an explanation.

Read more
Douglas homicide
6:21 pm
Fri September 2, 2011

Douglas police investigate possible homicide

Police in Douglas say they're investigating a woman's death as a possible homicide.

According to reports, officers received a call to check on a 42-year-old woman on
Wednesday and found her body in her apartment.

The department issued a statement saying it suspects the woman was the victim of a homicide. No one else was found in the residence.

Police declined to release the woman's name or her cause of death. The investigation is continuing

(Associated Press)

Douglas homicide
6:21 pm
Fri September 2, 2011

Douglas police investigate possible homicide

Police in Douglas say they're investigating a woman's death as a possible homicide.

According to reports, officers received a call to check on a 42-year-old woman on
Wednesday and found her body in her apartment.

The department issued a statement saying it suspects the woman was the victim of a homicide. No one else was found in the residence.

Police declined to release the woman's name or her cause of death. The investigation is continuing

The Two-Way
4:26 pm
Fri September 2, 2011

Federal Government Sues Big Banks Over Risky Mortgage Securities

The Federal Government filed suit against more than a dozen big banks over mortgage backed securities the banks sold during the housing boom. Essentially the government claims the banks were selling securities that were riskier than advertised.

As we reported earlier, The New York Times reported this news, last night. But, now, the Federal Housing Finance Agency, which was appointed to oversee mortgage buyers Fannie Mae and Freddie Mac, filed the lawsuits today.

Read more
News
4:12 pm
Fri September 2, 2011

Cowboys open football season against Weber State

    The Wyoming Cowboys open the college football season Saturday night at home against Weber State.  It also marks the first college game for freshman Quarterback Brett Smith who raised eyebrows this off season with his improved play.  Wyoming offensive Coordinator Greg Brandon expects Smith to play well.

“He’s a tenacious guy, a great competitor and I think when he makes a mistake, the biggest thing that he has to do is forget about it. Because the next play is more important."

News
4:10 pm
Fri September 2, 2011

Riverton Community Health returns in 2011

Riverton's Community Health Center could be up and running again by early next year. The facility had to shut its doors in March due to financial difficulties, which made it difficult for some to get affordable health care to area residents without insurance. But the Community Health Center of Casper received grant funding that will be used to re-open the Riverton facility. Chief Financial Officer Connie Longwell says that they are already managing the Dubois Community Health Center and soon will be able to restore service to Riverton.

Read more

Pages