Robert Khuzami (right), director of the U.S. Securities and Exchange Commission's Enforcement Division, announces that the SEC is charging six former top executives of Fannie Mae and Freddie Mac with securities fraud on Friday.
Ever since Fannie Mae and Freddie Mac were taken over by the government in 2008, questions have swirled over who was responsible for their collapse. Friday, the Securities and Exchange Commission weighed in, filing fraud charges against former Fannie Mae CEO Daniel Mudd, former Freddie Mac CEO Richard Syron and four other former executives.
Republican presidential candidate Mitt Romney was in South Carolina Friday to celebrate an important announcement. The Palmetto State's Gov. Nikki Haley has officially endorsed him, just weeks before the South Carolina Republican primary.
The Romney campaign staged this event at a capacious fire station that was so crowded the chief had to bar the door when the crowd reached 500 people.
Fresh Air Weekend highlights some of the best interviews and reviews from past weeks, and new program elements specially paced for weekends. Our weekend show emphasizes interviews with writers, filmmakers, actors, and musicians, and often includes excerpts from live in-studio concerts. This week:
Anchor ice has been wreaking havoc on some Jackson residents and businesses this week. Also called frazil ice, it’s a rare phenomenon in which the river freezes from the bed up, so flowing water spills out from the sides of the waterway.
Teton County Emergency Management Coordinator Rich Ochs says Jackson’s Flat Creek is one of the few places in the country with prime conditions for anchor ice to form, winter after winter. Ochs says this year has been particularly tough because of the constant freezing temperatures.
The wait is just about over for the Wyoming Cowboys. The Pokes will face the Temple Owls in the New Mexico Bowl Saturday and try to overcome one of the best defenses in the country. Wyoming finished third in the Mountain West Conference while Temple placed 2nd in the east division of the Mid-America Conference.
Originally published on Fri December 16, 2011 5:00 pm
Tucked inside the omnibus spending bill that the House of Representatives passed earlier, today, is a provision that prevents the Department of Energy from enforcing new, more energy efficient standards for light bulbs.
The new standards were signed into law in 2007 by then President Bush, but the standards have become a favorite cause for Rush Limbaugh and the Tea Party, who say the bill would ban incandescent light bulbs and give Americans less choice. They say it is a perfect example of government overreach.
The Republican presidential contest remains fluid less than three weeks before the caucuses and primaries begin. Nationwide, nearly one in five GOP voters is still undecided. And in Iowa, candidates are making their final push before the Jan. 3 caucuses.
Former Massachusetts Gov. Mitt Romney on Friday told workers at a metal fabricating plant in Sioux City, Iowa: "I am running in this race because I understand how to get middle-class Americans prosperous again, working again, buying things, and putting more Americans back to work."