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'Bankers' New Clothes' Leave Too Little Skin In The Game
Anat Admati, finance professor at Stanford and co-author of a new book on American banks, argues that banks carry too much debt and have too little equity. Government support allows them to hide their risky behavior, distorting the economy as a whole, she says.
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•
5:08
Molly Malone: A Soup And Song For St. Patrick's Day
Irish cookbook author Rachel Allen shares a recipe for Molly Malone chowder, a soup inspired by the Irish folk song about a doomed fishmonger.
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•
3:32
Two Awards In One Day For 'Battleborn' Author Claire Vaye Watkins
On Wednesday, it was announced that the 28-year-old fiction writer had won the Story Prize as well as the Rosenthal Family Foundation Award from the American Academy of Arts and Letters. Her debut story collection explores the landscape, people and history of the American West.
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•
29:54
Tsunami Delivers A Young Diarist's 'Tale' Of Bullying And Depression
In Ruth Ozeki's new novel, A Tale for the Time Being, a 16-year-old girl in Japan starts a diary, writing that it will be a record of her last days before she commits suicide, and gets an unexpected reader when that diary washes up in Canada.
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•
7:20
Selection Of Argentine Pope Surprises Some Vatican Observers
Melissa Block talks to Philip Reeves about reaction to the selection of a new pope to lead the Catholic Church, Cardinal Jorge Mario Bergoglio of Buenos Aires, Argentina.
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•
4:38
Justice's Voting Rights Unit Suffers 'Deep Ideological Polarization' Says Watchdog
An inspector general investigation exposed deep fissures within the unit for the past dozen years and gave rise to perceptions of politicized and partial behavior by lawyers there.
First Day Of Catholic Cardinals' Conclave Rich In Ceremony
On Tuesday, 115 cardinals convened, celebrated mass and then entered the Sistine Chapel for the first day of closed door deliberations on who should be the next pope.
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•
3:33
Arizona Gator Gets $6,000 Prosthetic Tail
Mr. Stubbs (his tail was bitten off years ago) was taken in by the Phoenix Herpetological Society. There, The Arizona Republic reports, an orthopedic care specialist realized a silicone tail could be designed for him. Now, Mr. Stubbs sports a $6,000 prosthetic.
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•
0:29
House GOP Plan Kicks Off Big Week For Budget Wonks
House budget chief and former vice presidential nominee Paul Ryan unveils the House GOP budget plan Tuesday morning. On Wednesday, Senate Democrats will do the same. For more on the GOP plan, Renee Montagne speaks with NPR's Tamara Keith.
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•
4:42
SEC Charges Illinois With Fraud Over Pensions
For only the second time ever, the Securities and Exchange Commission is charging a state with fraud, for allegedly misleading investors about the health of its pension funds. The SEC says the state of Illinois did not properly inform investors that its pension funds were significantly underfunded when selling bonds from 2005 to 2009. This is the latest fiscal black eye for a state with a pension shortfall approaching a whopping $100 billion. The state has agreed to settle the charges.
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