And here's a follow-up to the dramatic scandal at Olympus, which we've been following on this program. It's one of Japan's most respected corporations - or it was. Now executives Olympus are facing criminal charges and prison sentences. The company may be delisted from the Tokyo Stock Exchange, and may also go bankrupt. All this after revelations of dubious acquisitions and allegations of massive accounting fraud. From Tokyo, Lucy Craft has more.
And our last word in business today is save the tanooki.
(SOUNDBITE OF LAUGHTER)
MONTAGNE: The animal rights group People for the Ethical Treatment of Animals is attacking Nintendo's new video game "Super Mario 3-D Land." In the game, Super Mario sometimes wears the skin of a tanooki, which is a raccoon dog. Steve, you may have to finish...
STEVE INSKEEP, HOST:
Oh no, come, no, no. It's fine. Come on, it's a raccoon dog. It's a nice animal.
Let's remember a bit of very recent history. Back in August, Congress came close to defaulting on U.S. government debts. Republicans wanted big cuts in spending. They finally got some, but a deal with President Obama pushed more deficit reductions off to the future, to a bipartisan committee which has been meeting this fall, and now has one week left until its deadline to reach a deal.
Today, Chrysler is expected to announce plans to add more than 1,000 jobs at an assembly plant in Ohio. Local officials there have reportedly signed off on tax incentives for the plant expansion in Toledo. It's where Chrysler makes the Jeep Liberty and Wrangler.
The House Financial Services Committee voted on Wednesday to suspend nearly $13 million in bonuses paid to executives at Fannie Mae and Freddie Mac. The measure would also prohibit future bonuses. The Senate is expected to take up similar legislation.
Police officers removed Occupy Wall Street protesters from Zuccotti Park in New York City early Tuesday morning. Mayor Michael Bloomberg said the operation took place at night to "reduce the risk of confrontation." But clashes erupted and about 70 people were arrested.
Police temporarily cleared Zuccotti Park early Tuesday so that sanitation crews could clean the site Occupy Wall Street protesters have inhabited for two months. About 70 protesters were arrested including some who chained themselves together.
Veterans Day was last week, and with it came a reminder of a World War 1 strategy. Britain's Daily Telegraph reported on the fake city France was creating in hopes German bombs wouldn't hit the real Paris. The sham city was never finished because the war ended.