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Crisis In The Housing Market
3:20 am
Fri July 13, 2012

County Considers Eminent Domain As Foreclosure Fix

Half of San Bernardino County's 300,000 mortgages are underwater. In an attempt to ease the mortgage crisis, the Southern California county is considering taking control of some of those properties by eminent domain.
Robyn Beck AFP/Getty Images

Originally published on Fri July 13, 2012 11:04 am

County and city officials in San Bernardino, Calif., are considering a controversial plan: using the power of eminent domain to take over "underwater" mortgages, where the value of the home is worth less than the original loan. Taking on those properties, officials say, would allow the homeowners to refinance those troubled loans.

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Planet Money
3:19 am
Fri July 13, 2012

The European Central Bank's Guide to Influence

European Central Bank president Mario Draghi, left, speaks with Spanish Finance Minister Luis De Guindos on Monday. The ECB has increased its influence over European countries struggling with debt.
Georges Gobet AFP/Getty Images

Originally published on Fri July 13, 2012 6:08 pm

Europe is struggling, thanks to a relentless debt crisis. Compounding its problems: It is not one country, but 17.

Many observers agree that to solve their problems, those countries have to start looking a lot more like one country. And there is a force in Europe trying to make that happen: the European Central Bank. The weapon it has that everyone else lacks? Money.

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Movie Reviews
5:03 pm
Thu July 12, 2012

Whatever The Country, No Such Thing As 'Easy Money'

Mrado (Dragomir Mrsic) is the enforcer for a Serbian drug cartel that controls business in Sweden, and one of three characters who clash in Easy Money.
Weinstein Company

Originally published on Wed July 18, 2012 9:57 am

Easy Money is a fine title for a film, but to truly savor the tang of this top-drawer Scandinavian thriller, try rolling its original Swedish title off your tongue. Say hello to Snabba Cash.

Director Daniel Espinosa starts his splendid crime story all in a rush, throwing us right into the middle of a trio of chaotic situations.

Introduced first is Jorge, a Chilean living in Sweden — in fact in a Swedish prison. Making his escape, Jorge promptly goes into hiding, as much from other local bad guys as from the police.

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Around the Nation
9:26 am
Thu July 12, 2012

Man Tries To Benefit From Fake Cat's Death

Originally published on Thu July 12, 2012 12:21 pm

Transcript

STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep. Prosecutors say no cats were harmed in the making of this news story. A man in Tacoma, Washington told a sad tale. He was involved in a car crash and two years later he said that collision had killed his cat named Tom. He filed a $20,000 insurance claim. But now, according to KOMO, he's been accused of fraud. Authorities say the cat never existed. The man allegedly backed up his claim with cat photos from the Internet. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.

World
9:24 am
Thu July 12, 2012

Giant Mushroom Found In British Columbia

Originally published on Thu July 12, 2012 12:21 pm

Transcript

RENEE MONTAGNE, HOST:

NPR Story
6:42 am
Thu July 12, 2012

Mobile Ad Networks Accused Of Invasive Apps

Originally published on Thu July 12, 2012 1:21 pm

Mobile apps are aggressively placing unwanted ads on phones. Lookout, a mobile security firm in San Francisco, tested mobile apps and found some disturbing practices. Those include transmitting consumer phone numbers and email addresses and transmitting to third parties and placing ads on the mobile phone's desktop.

NPR Story
5:40 am
Thu July 12, 2012

Penn State Braces For Sex Abuse Report

Originally published on Thu July 12, 2012 12:21 pm

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

It's a sobering morning at Penn State University. Today, former FBI Director Louis Freeh release released a scathing report on how Penn State dealt with a series of shocking allegations that led to the by Jerry Sandusky scandal.

Sandusky was the revered former defensive coach for the Penn State football team. He was found guilty last month of 45 counts of child sexual abuse.

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NPR Story
5:40 am
Thu July 12, 2012

Contents Of Ireland's 'Big House' Auctioned

Originally published on Thu July 12, 2012 1:22 pm

Transcript

STEVE INSKEEP, HOST:

We are following other stories around the world this morning, including this one from Ireland, where because of the eurozone crisis many people don't trust the banks anymore. They'd rather put their money, if they still have some, in art or antiques, and they had an opportunity to just that when an Irish aristocrat named Ambrose Congreve died last year at the age of 104. He left behind a mansion full of treasures, and the contents of his estate have gone up for auction. Here's NPR's Philip Reeves.

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NPR Story
5:23 am
Thu July 12, 2012

GOP Courts Republicans Living In Israel

Originally published on Sat July 14, 2012 8:49 am

Transcript

RENEE MONTAGNE, HOST:

Both Republicans and Democrats will tell you, the Jewish vote is vital in the upcoming presidential election. And this year, one party is going very far in its efforts to woo Jewish voters, all the way to Israel. Israel is home to a large American community, and for the first time, the Republican Party has crossed the Atlantic to actively campaign.

NPR's Middle East correspondent Lourdes Garcia-Navarro reports that Republican Party envoys find themselves on fertile ground.

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NPR Story
5:23 am
Thu July 12, 2012

United To Place Major Order With Boeing

Originally published on Thu July 12, 2012 12:21 pm

Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with a giant deal for Boeing.

It's a big deal that would be worth billions of dollars for Boeing. United Airlines is set to buy about 100 of its planes - the single-aisle 737s. Boeing would still be behind Europe's Airbus when it comes to new orders for the next generation of narrow body jets.

Today's announcement on United's Boeing purchase has long been rumored. Transcript provided by NPR, Copyright NPR.

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