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Thursday, January 24, 2013

The Two-Way

Can An Ex-Prosecutor Make The SEC Tougher On Wall Street?

Mary Jo White, then U.S. Attorney for the Southern District of New York, speaks during a May 2001 press conference following guilty verdicts in the trial of four followers of Osama bin Laden that bombed two U.S. embassies in East Africa in 1998. President Obama intends to nominate White to head the Securities and Exchange Commission.

January 24, 2013 President Obama's choice to head the Securities and Exchange Commission has prosecuted terrorists and mobsters. If she's confirmed, Mary Jo White's next challenge will be tackling reckless behavior on Wall Street. The success of this get-tough push will depend on changing the SEC's culture, analysts say.

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The Two-Way

Obama Chooses Former U.S. Attorney Mary Jo White To Head SEC

Mary Jo White, who President Obama wants to lead the Securities and Exchange Commission.

January 24, 2013 White, who prosecuted terrorists during her time as U.S. attorney for the Southern District of New York, would succeed Mary Schapiro, who stepped down in December. The president is also planning to renominate Richard Cordray to lead the Consumer Financial Protection Bureau.

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The Two-Way

Jobless Claims Hold At Five-Year Low

January 24, 2013 There were 330,000 first-time claims for benefits last week, down 5,000 from the week before. That means applications remain at the lowest level since January 2008.

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Africa

Algeria Attack A 'Wake-Up Call' For Energy Companies

Militants attacked Algeria's In Amenas gas field last week. Thirty-seven foreigners, including three Americans, were killed in the subsequent raid by Algerian security forces.

January 24, 2013 Investors didn't panic after last week's attack, and oil and gas prices held steady. But if the attack on the gas complex signals the beginning of a new phase of terrorism in North Africa, energy companies and governments will need to make new assessments of the risks and benefits of investments.

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Planet Money

Why Is The Government In The Flood Insurance Business?

Hurricane Betsy hit the Gulf Coast in 1965.

January 24, 2013 Hurricanes are a tricky risk for insurers to cover.

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On Morning EditionPlaylist

Wednesday, January 23, 2013

Dreamliner Woes Expose FAA's Potential Weak Spots

National Transportation Safety Board investigators inspect a Boeing 787 Dreamliner at Japan's Takamatsu Airport. A Federal Aviation Administration investigation into the plane's troubles has widened into a review of the agency's certification process for new airliners.

January 23, 2013 The investigation into the Boeing 787 has widened to include not just its batteries and electronics, but also the Federal Aviation Administration's certification process. Chronically understaffed, the agency often relies on manufacturers themselves to assist in the testing of new planes.

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On All Things ConsideredPlaylist

Superstorm Sandy: Before, During And Beyond

In Lower Manhattan, Sandy Still Keeping Businesses Dark

People walk past a closed business affected by Hurricane Sandy in the heavily damaged South Street Seaport in New York City in December.

January 23, 2013 Almost three months after Superstorm Sandy, parts of lower Manhattan are limping along to recovery. More than 20 large buildings are without power, and many businesses remain closed and boarded up. Even businesses that are open are struggling without the old foot traffic.

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On All Things ConsideredPlaylist

The Two-Way

Union Membership Continues Decline; Now At Lowest Level Since 1930s

January 23, 2013 The continued drop is just another blow to the labor movement, which has suffered huge political loses in Wisconsin, Indiana and Michigan. The president of the AFL-CIO said the continued drop imperils the middle class.

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The Two-Way

U.K.'s Cameron Floats Idea Of Vote On E.U. Membership; Other Leaders Protest

British Prime Minister David Cameron earlier today in London as he spoke about a vote on E.U. membership.

January 23, 2013 If his Conservative Party prevails in 2015 elections, the prime minister said, he will put the question to the British people: stay or go?

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