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Economy
5:23 pm
Sat May 19, 2012

Could Glass-Steagall Have Stopped JPMorgan Loss?

JPMorgan, the largest bank in the United States, is seeking to minimize the damage caused by a $2 billion trading loss, disclosed earlier this month.
Mark Lennihan AP

Originally published on Mon May 21, 2012 12:15 pm

Following JP Morgan's disclosure of a $2 billion loss, a small but increasingly vocal group of lawmakers and economists are arguing that a 60-year-old piece if financial legislation should never have been repealed in 1999.

They say the law, known as the Glass-Steagall Act, was so consequential that there's a direct link between its repeal and both the 2008 financial meltdown and JPMorgan's huge loss.

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The Two-Way
4:48 pm
Sat May 19, 2012

Chinese Activist Takes A Sudden Journey To The West

Chinese legal activist Chen Guangcheng, center, arrives at Washington Square Village on the campus of New York University on Saturday in New York. Chen escaped from his village in April and was given sanctuary inside the U.S.
Henny Ray Abrams AP

Originally published on Mon May 21, 2012 5:52 am

Update At 7:47 P.M. ET. Chen Guangcheng Addresses A Crowd Outside New York University:

Addressing a crowd outside New York University, Chinese dissident Chen Guangcheng said he was grateful to the U.S. Embassy staff in Beijing for providing him a "safe haven." Through an interpreter, he said he was gratified that the Chinese government was handling his situation with "restraint and calm" and thankful for the opportunity to leave China to study at NYU.

Chen said he hoped Beijing would keep its promise to protect the family he had left behind.

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Asia
3:52 pm
Sat May 19, 2012

Dissident Leaves China For U.S.

Originally published on Sat May 19, 2012 5:18 pm

Blind Chinese activist Chen Guangcheng and his family are due to arrive in Newark this evening after a surprise early-morning flight from Beijing. Host Guy Raz gets the latest from NPR's Michele Kelemen, who's been following the story.

Around the Nation
3:52 pm
Sat May 19, 2012

Obama Hosts World Leaders At G8 Summit

Originally published on Sat May 19, 2012 5:18 pm

NPR's Scott Horsley talks about what some are terming the "diplopaloozaa" this weekend, when President Obama hosts the G8 conference at Camp David on Saturday and the next day plays host to two dozen NATO heads of state in Chicago.

Music Interviews
2:26 pm
Sat May 19, 2012

John Mayer: Restoring An Image, And An Instrument

John Mayer's new album, his first since a 2010 controversy that sent him retreating from the spotlight, is called Born and Raised.
Courtesy of the artist

Originally published on Sat May 19, 2012 5:18 pm

John Mayer is one of the biggest-selling artists of the last decade — and with love interests like Jessica Simpson and Jennifer Aniston, one of its most pursued by the media. In 2010, he gave a pair of interviews to Rolling Stone and Playboy that shocked readers with sexually aggressive and racially insensitive language. Mayer seemed to be self-destructing in full view of his fans.

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