Oklahoma is one state benefitting from the energy boom, and in more ways than one. A wind power rush is underway there with companies competing to secure the windiest spots while breathing life into small towns.
But as Logan Layden of member station KGOU reports, the industry's expansion may be moving too quickly.
In Houston Tuesday, a federal jury convicted Texas financier R. Allen Stanford of running a massive Ponzi scheme. Jurors agreed with prosecutors, who claimed he ran a global scheme that lasted more than 20 years and involved more than $7 billion in investments.
When Lehman Brothers collapsed in 2008, it was the largest bankruptcy in U.S. history. More than three years later, Lehman is emerging from Chapter 11. The firm is really just back in business to liquidate itself. Lehman has about $65 billion in assets that it intends to distribute among its many creditors starting next month.
Tina Brown, editor of The Daily Beast and Newsweek, tells us what she's been reading in a feature that Morning Edition likes to call "Word of Mouth." This month, Brown selects two pieces of writing profiling individuals at the center of political change in their respective countries.
Nearly four years ago, the bank collapsed in the biggest bankruptcy in U.S. history — a record $639 billion. That set off a chain reaction and sent the economy spiraling. Lehman Bros. says now, it will continue to liquidate its holdings, and will start paying back creditors next month.
Rebekah Speight spotted the familiar profile on a McNugget left on her child's plate. After stashing it in the freezer for three years, she auctioned it off on eBay. Her church's summer camp will benefit from the winning $8,000 bid.