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The Two-Way
5:04 pm
Mon December 10, 2012

U.S. Treasury To Sell Remaining Stake In AIG

In a statement on Monday, the U.S. Treasury Department said it will launch an underwritten public offering to sell its remaining 234,169,156 common stock shares in insurer American International Group Inc., better known as AIG.

The U.S. government bought the controlling stake in the company as part of the $182 billion bank bailout in 2008. The sale would bring an end to the government's run as the company's largest shareholder, which represented a 16-percent ownership in the company.

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National Security
4:39 pm
Mon December 10, 2012

The World In 2030: Asia Rises, The West Declines

The National Intelligence Council's Global Trends 2030 report predicts that by the year 2030, a majority of the world's population will be out of poverty.
iStockphoto

Originally published on Mon December 10, 2012 7:44 pm

By the year 2030, for the first time in history, a majority of the world's population will be out of poverty. Middle classes will be the most important social and economic sector. Asia will enjoy the global power status it last had in the Middle Ages, while the 350-year rise of the West will be largely reversed. Global leadership may be shared, and the world is likely to be democratizing.

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The Record
4:12 pm
Mon December 10, 2012

Remembering Banda Diva Jenni Rivera

Jenni Rivera performs at the Lilith Fair in 2010 in San Diego.
David Bergman Getty Images

Originally published on Mon December 10, 2012 7:44 pm

To listen to Mandalit del Barco's appreciation of Jenni Rivera's life and career, as heard on All Things Considered, click the audio link.

Mexican-American singer Jenni Rivera died Sunday in an airplane that crashed in the early hours of the morning in Toluca, west of Mexico's capital. The legendary musician, household name and feminist presence in the Latin music scene was 43.

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World Cafe
4:12 pm
Mon December 10, 2012

Next: Leagues

Leagues.
Heidi Ross Courtesy of the artist

Originally published on Mon December 17, 2012 9:43 am

The three members of Leagues — singer Thad Cockrell, guitarist Tyler Burkum and drummer Jeremy Lutito — have been known to say that they're inspired not by artists, but by specific songs. That intense focus on individual tracks is clearly put to work on Leagues' debut album, You Belong Here. There's a cohesive sound to the record as a whole, but it sounds like the band deliberately pushed for each song to stand on its own. As a result, the album plays like a collection of singles, each track as catchy as the next.

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The Two-Way
4:08 pm
Mon December 10, 2012

Reports: $1.9 Billion Settlement Expected In HSBC Money-Laundering Case

The $1.9 billion settlement from British banking firm HSBC will settle allegations of allowing money laundering and transfers of billions from Iran.
Timur Emek Getty Images

Originally published on Tue December 11, 2012 10:06 am

  • Jim Zarroli on 'Morning Edition'

Update at 7 a.m. ET, Dec. 11. Settlement Announced:

Saying that "we accept responsibility for our past mistakes," the chief executive of Britain's HSBC has confirmed that the banking giant will pay a record $1.9 billion to settle charges related to a money laundering scheme in the U.S.

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