NPR's business starts with living wills for banks.
The nation's biggest banks are getting ready to file plans with the government for how they would unwind their assets if they were to fail. The plans are called living wills. Regulators want to avoid the type of damage the collapse of Lehman Brothers had on the financial system. Big banks have a July 1st deadline to submit their living wills to the Federal Reserve and FDIC. Transcript provided by NPR, Copyright NPR.
College football fans are belting out a one word chant this morning: Finally. As in finally, there's a post-season playoff at the sport's highest level. Yesterday, a committee of college presidents approved a four-team, three game plan. When it starts in 2014, it'll end major college football's isolation as the only big time team sport that does not decide its championship with a playoff. NPR's Tom Goldman has more.
Let's turn now to proposed rules to protect patients from abusive debt-collection practices, specifically at nonprofit hospitals. The rules come from the Treasury Department. They were required by the 2010 federal health law. Jenny Gold, of our partner Kaiser Health News, has more.
JENNY GOLD, BYLINE: When Deb Waldin arrived at the emergency room of Fairview Health Services, a nonprofit hospital system in Minnesota, on a scale of one to 10, she says her pain was a 12.
It's MORNING EDITION, from NPR News. I'm Linda Wertheimer, in for Steve Inskeep.
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In Egypt, a small victory for civil rights: A court there suspended a decree that allowed the military to arrest civilians. Other moves to amass power by the ruling military council, including dissolving Egypt's elected parliament, are still in effect.