5:01pm

Thu August 1, 2013
The Two-Way

Florida's Education Chief Resigns Over Grading Scandal

Florida's former Commissioner of Education Tony Bennett.
Florida Department of Education

In education circles, Tony Bennett is widely known as a hard-charging Republican reformer associated with Jeb Bush's prescriptions for fixing public schools: charter schools, private school vouchers, tying teacher pay to student test scores and grading schools on a A through F scale.

Bennett resigned from his post as Florida's education chief this morning when a controversy over the last of those things — the school grades — caught up with him.

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4:54pm

Thu August 1, 2013
NPR Story

Hawaii Homeless Initiative Would Send Some Back To Mainland

Originally published on Thu August 1, 2013 7:07 pm

A homeless man collects cans on Waikiki Beach in 2010 in Honolulu. Under a new pilot program, some homeless people will get help from the state to reunite with relatives on the mainland.
Marco Garcia AP

A new homeless initiative in Hawaii is raising some eyebrows, and the department in charge of implementing it has concerns of its own.

As part of a larger housing bill in July, the state Legislature approved $100,000 per year for a three-year pilot project that would help get some homeless people off the island and back to their families on the mainland. Participants must leave voluntarily.

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4:54pm

Thu August 1, 2013
Law

Former Goldman Sachs Trader Found Liable For Fraud

Originally published on Thu August 1, 2013 5:48 pm

Transcript

AUDIE CORNISH, HOST:

You're listening to ALL THINGS CONSIDERED from NPR News.

In New York City today, a victory for the Securities and Exchange Commission: A federal jury held former Goldman Sachs trader Fabrice Tourre liable on six of the seven counts against him. The SEC had accused Tourre of intentionally misleading investors about a mortgage-backed security just as the housing sector was beginning to collapse. The investment created huge losses.

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4:54pm

Thu August 1, 2013
Business

Private Equity Fund Eyes The Business Of Pot

Originally published on Thu August 1, 2013 9:40 pm

A cannabis leaf
Bolotov Paul iStockphoto.com

A couple of guys with serious investment banking experience are moving into the marijuana business. They've launched the first multimillion-dollar private equity fund devoted entirely to what they like to call the "cannabis space."

It started when Brendan Kennedy was working at the Silicon Valley Bank and learned of an entrepreneur who wanted to sell software for marijuana dispensaries. The idea piqued Kennedy's interest. A few days later, a radio show about legalizing pot piqued it even more.

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4:54pm

Thu August 1, 2013
Parallels

'Abenomics' Serving Up The Same Old Medicine In Japan?

Originally published on Thu August 1, 2013 5:48 pm

Japanese Prime Minister Shinzo Abe's plans for reviving Japan's ailing economy are yielding mixed results so far.
Koji Sasahara AP

Ever since Japan's stock market bubble burst in the early 1990s, the country's economy has been stuck in a deflationary spiral. Wages and prices kept going down — and so did consumer spending.

After all, would you buy something today if you knew it was going to be cheaper tomorrow?

But when he came to power last December, Japan's Prime Minister Shinzo Abe said he could fix the problem, after two "lost decades."

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4:21pm

Thu August 1, 2013
The Two-Way

Former Goldman Trader Found Liable For Billion-Dollar Fraud

Originally published on Thu August 1, 2013 4:59 pm

Former Goldman Sachs trader Fabrice Tourre walks to a federal court in Manhattan with his attorneys Thursday. A jury found Tourre liable in a massive securities fraud case.
Richard Drew AP

A federal jury in New York City has found that Fabrice Tourre, the former Goldman Sachs trader who regulators say caused investors to lose $1 billion, is liable in the mortgage securities fraud case filed against him by the Securities and Exchange Commission.

Regulators say Tourre, 34, a native of France who was nicknamed "Fab" in his office, packaged toxic subprime mortgages into a collateralized debt obligation that was sold to investors under the name Abacus in 2007.

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4:03pm

Thu August 1, 2013
Found Recipes

Zwetschgendatschi, A Mouthful That Captures The Perfect Plum

Originally published on Thu August 1, 2013 5:48 pm

Zwetschgendatschi is the Bavarian word for plum cake. The dessert uses Damson plums, which are only in season for a few weeks each year.
Courtesy of Gesine Bullock-Prado

If it's early August, it must be time for Damson plums. Gersine Bullock-Prado — a Vermont-based pastry chef and author of Bake It Like You Mean It — has a special place in her heart for them.

"They're not like your normal plum. They're not round. They're oval and very dark purple, almost black."

When barely ripe, the plums are firm, tart and olive green, Bullock-Prado says. "[They're] just these lovely little orbs of joy."

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Erin Toner is a reporter for WUWM. Erin was WUWM's All Things Considered local host from 2006 to 2010. She began her public radio career in 1999 at WMUK in Kalamazoo, Michigan. Prior to joining WUWM in 2006, Toner spent five years at WKAR in East Lansing, Michigan.

During her career, Toner has served as a mentor for NPR's Next Generation Radio project, trained and mentored college students and taught a news reporting course at Michigan State University. She holds a degree in journalism from Michigan State University.

» Contact WUWM News

3:41pm

Thu August 1, 2013
Shots - Health News

Victims Of Bullying Are More Likely To Be Arrested As Adults

Originally published on Mon August 5, 2013 3:48 pm

Children who are bullied over time are more apt to struggle as adults.
iStockphoto.com

You'd expect bullies to grow up to get in trouble with the law.

But children who are consistently bullied also are more likely to run afoul of the law as adults, including being arrested and jailed.

Almost 14 percent of people who said they were bullied repeatedly in childhood and their teens had been in prison, compared to 6 percent of people who weren't bullied, according to a study.

Women who were repeatedly bullied before age 18 were more likely to use alcohol or drugs than men, and also more likely to be arrested and incarcerated.

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3:38pm

Thu August 1, 2013
The Salt

Move Over, Dippin' Dots: 5 Futuristic Ice Creams

Originally published on Fri August 2, 2013 3:01 pm

Wikipearl ice cream doesn't require plastic packaging because it is contained in edible skin.
Agence VFC Relations Publics

When Dippin' Dots emerged in 1987 with the slogan "Ice Cream of the Future," its liquid nitrogen-blasted pellets seemed about as cutting edge as ice cream could get.

But ice cream has come a long way since then. Now, ice cream revolutionaries are updating our notions of ice cream texture and flavor with bioengineering and sheer chutzpah. Welcome to the new future of ice cream.

Lunar Ice Cream

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