Posts Tagged
‘bank of america’

Greece passes the austerity vote, Bank of America will pay $14 billion in a mortgage deal, and at least ten are dead after the Taliban attacks a Kabul hotel. Also, a missing woman’s body is found in a restaurant’s ventilation system, fly fishing shops are running out of feathers due to a hair extension trend, Tom Petty asks Bachmann not to use “American Girl,” and Google starts a Facebook competitor.

Caitlin, Katie, + Perry

CRITICAL:

Greece passes key austerity vote, http://bbc.in/knwQyB

The Greek Parliament has voted in favor of the austerity plan, meant to save Greece from running out of money within weeks. The plan’s tax hikes and spending cuts have been extremely unpopular with the public, spurring protests that are likely to continue. The measures passed by 155 votes to 138. Greece’s total debt is 340 billion euros, which amounts to 31,000 euros per person.

Bank of America to Set Aside $14 Billion in Mortgage Deal, http://nyti.ms/lxHMm5

Bank of America will pay $8.5 billion to investors who lost money on mortgages that soured during the housing collapse. This payment is the largest settlement since the financial crisis in 2008.

8 militants, 10 others dead after attack on Kabul hotel, http://bit.ly/jYFRS5

The Taliban is claiming responsibility for a siege and suicide bombing that killed at least ten at a five-star Kabul hotel. The US sent a drone to take photos during the attack. The pictures helped Afghan forces to counter-strike and finally end the siege at 7 a.m. the next morning.

Obama to hold news conference; Afghanistan, debt talks, jobs likely subjects, http://lat.ms/mbcZyL

This morning, President Obama will hold his first news conference since March 11. He has spoken with the press during appearances with other international leaders; however, this morning he’ll face more specific questions regarding Afghanistan, Libya, and debt-limit talks by himself.

Missing woman’s body found in ventilation system, police say, http://bit.ly/kh0EgM

Jamie Minor, the 26-year-old Texas woman who went missing more than a month ago, has been found dead in a ventilation duct above a steakhouse in Austin, Texas.  Police say she was trying to enter the steakhouse through the vent system when she found herself trapped. Minor’s mother said her daughter had been struggling with mental illness, including bipolar disorder, since her early 20s.

When Fashion Meets Fishing, the Feathers Fly, http://nyti.ms/m679aM

With the new fashion of wearing long, colorful feathers as hair accessories, the demand for fly fishing feathers is through the roof. In fact, many fly fishing shops have found themselves in a feather shortage. Some of these shops find the fashion statement to be “sacrilegious” and will only sell the feathers to fishermen; other shops see the high demand as good business.

Tom Petty reportedly issuing cease and desist letter to Bachmann, http://bit.ly/jOhx2P

Republican presidential candidate Michele Bachmann has been playing Tom Petty’s famous hit, “American Girl” at her campaign events. Petty is worried that people might think he supports Bachmann’s campaign and has sent her a cease and desist letter as a result. He sent a similar letter to George Bush in 2000 when he played Petty’s “I Won’t Back Down.”

Google Takes On Facebook With Social Service, http://bloom.bg/jl2Wrh

Google is giving social networking another try despite the failure of its first attempt, Google Buzz. Called Google+, the new service will make it easy for users to share photos, videos, messages and other information with selected circles of friends.

CULTURAL:

Tracy Morgan … From Gays to ‘Retards,’ http://bit.ly/iH4gI2

Shia LaBeouf: Hollywood’s Last Bad Boy, http://bit.ly/mgbDod

The Bachelor’s Emily Maynard and Brad Womack Split, http://bit.ly/jBvmPj

Emma Watson Gushes About Her Harry Potter Co-Star Crush, http://huff.to/kO5JV7

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