Six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) "knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans, including subprime loans" and have now been accused of securities fraud in a civil suit, the Securities and Exchange Commission just announced.
Originally published on Fri December 16, 2011 12:13 pm
Sugary drinks like soda are a big cause of obesity, but public health types haven't had much luck convincing the public of that.
But what if you knew that it would take 50 minutes of jogging to burn off one soda?
When researchers taped signs saying just that on the drink coolers in four inner-city neighborhood stores, sales of sugary beverages to teenagers dropped by 50 percent. That tactic was more effective than a sign saying that the drinks had 250 calories each, or a sign saying that a soft drink accounts for 11 percent of recommended daily calories.
Originally published on Fri December 16, 2011 10:20 am
An "astonishing" scene has already played out at the just-opened military court hearing about the case against Army Pfc. Bradley Manning, who stands accused of giving classified information to WikiLeaks, The Guardian reports.
Gen. David Petraeus (center, with no gun) walks with troops in 2007 in Baqouba, Iraq. The area had recently been seized back from al-Qaida control with help from U.S. forces who were part of the surge. The surge is widely credited with changing the course of the war; now, some experts are debating how much credit it deserves.
Credit Joe Raedle / Getty Images
U.S. Army Specialist Zachery King patrols Baghdad in 2007, the year the U.S. military added some 30,000 troops to the battle in Iraq.
Here's the conventional wisdom about the U.S. troop surge in Iraq: By 2006, Iraq was in chaos. Many Americans called for the U.S. to get out. Instead, President Bush sent in 30,000 additional troops. By the end of 2007, Iraq started to stabilize, and the move took on an almost mythic status.