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The Two-Way
3:03 pm
Thu July 18, 2013

Man Who Hoped To Testify Against Whitey Bulger Is Found Dead

Stephen Rakes as he arrived at the U.S. Federal Courthouse in Boston on June 12 for the first day of the "Whitey" Bulger's trial.
Brian Snyder Reuters /Landov

Originally published on Thu July 18, 2013 6:31 pm

Stephen "Stippo" Rakes, who claimed that notorious Boston gangster James "Whitey" Bulger forced him — at gunpoint — to sell a liquor store in 1984, was found dead Wednesday in Lincoln, Mass.

According to the Middlesex (Mass.) District Attorney's office, "there were no obvious signs of trauma. The Office of the Chief Medical Examiner is conducting an autopsy to determine the cause and manner of death."

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The Two-Way
6:24 pm
Wed July 17, 2013

EPA Building Named For Bill Clinton; He Says That's Fitting

Former President Bill Clinton hugs House Minority Leader Nancy Pelosi of California as another Democrat, Sen. Barbara Boxer of California, looks on at Wednesday's ceremony naming the Environmental Protection Agency headquarters for him.
Pablo Martinez Monsivais AP

Originally published on Wed July 17, 2013 7:11 pm

The environment may not come to mind when most people think about former President Bill Clinton, but on Wednesday he defended his legacy as the Environmental Protection Agency's headquarters in Washington, D.C., was renamed in his honor.

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Arts & Life
5:53 pm
Wed July 17, 2013

For Actress Ruby Keeler, Another Opening, Another Show

Broadway performer Ruby Keeler was a source of optimism for many during the Depression era, and nostalgia hit audiences hard when she returned to the stage decades later.
General Photographic Agency Getty Images

Originally published on Wed July 17, 2013 7:11 pm

Ruby Keeler was an unknown actress when she starred in the 1933 production of Busby Berkeley's 42nd Street.

But the movie was so popular she was able to land two more splashy musicals that same year — and seven more by the end of the decade. There was nothing extraordinary about her talents as a vocalist or as an actress, but audiences of the Depression era really bought into Keeler's "innocent" onstage persona. In fact, they craved it.

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Politics
5:22 pm
Wed July 17, 2013

Congress Debates Taking A Step Back From The Mortgage Market

The government took over mortgage giants Fannie Mae (seen in 2010) and Freddie Mac in 2008, during the worst of the housing crisis.
Win McNamee Getty Images

Originally published on Wed July 17, 2013 7:11 pm

The mortgage giants Fannie Mae and Freddie Mac got hit so hard by the housing crisis that they required a massive federal rescue. Now lawmakers are looking to scale back the two entities' role — and the government's — in the mortgage market.

The Senate Banking Committee is expected to vote Thursday on President Obama's nominee to head the agency that oversees Fannie and Freddie.

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Planet Money
4:55 pm
Wed July 17, 2013

The 'Ask Your Uncle' Approach To Economics

The Federal Reserve, home of the Beige Book.
Karen Bleier AFP/Getty Images

Originally published on Wed July 17, 2013 7:11 pm

The Beige Book is weird. It's an economic report released by the Federal Reserve every few months, but it doesn't have many numbers in it. Mostly, it's a bunch of stories gathered by talking to businesses around the country. A Fed economist once described it as the "Ask Your Uncle" approach to figuring out what's going on in the economy.

In the Beige Book released today, for example, we learned that:

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The Two-Way
4:36 pm
Wed July 17, 2013

'We're Here To Stay' Says Newly Confirmed Consumer Watchdog

Richard Cordray, director of the Consumer Financial Protection Bureau.
Ron Sachs/pool Getty Images

Originally published on Wed July 17, 2013 7:11 pm

One day after his two years in limbo ended and he was confirmed by the Senate as head of the Consumer Financial Protection Bureau, Richard Cordray told NPR that though political bickering held up his nomination he now believes he has bipartisan support for the bureau's work.

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Economy
4:09 pm
Wed July 17, 2013

Bernanke Gives Economic Road Map With Uncertain Timeline

Originally published on Wed July 17, 2013 7:11 pm

Transcript

AUDIE CORNISH, HOST:

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

One month ago, Federal Reserve Chairman Ben Bernanke introduced the idea of winding down the Fed's massive stimulus programs. On that announcement, the markets tanked. Today, Bernanke said pretty much the same thing. But this time, the markets yawned.

As NPR's John Ydstie explains, the Fed chairman appears to have finally found the formula to ease Wall Street's concerns.

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U.S.
4:09 pm
Wed July 17, 2013

Boston Marathon Victims Push Back On Fund Protocol

Originally published on Wed July 17, 2013 7:11 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Three months after the Boston Marathon bombing, money continues to roll into The One Fund, that's the charity set up for victims of the attack. More than 200 claims have already been paid out, but some victims are questioning the methods used to divvy up the funds. And as NPR's Tovia Smith reports, they're asking the state attorney general to intervene.

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The Two-Way
3:20 pm
Wed July 17, 2013

Newly Discovered Dinosaur Sure Had One 'Supersize Schnoz'

An artist's image of Nasutoceratops titusi.
Lukas Panzarin for the Natural History Museum of Utah

Originally published on Wed July 17, 2013 7:11 pm

The Proceedings of the Royal Society politely refers to it as a "short-snouted horned dinosaur."

National Geographic is less reserved and gets right to the obvious point: "Paleontologists have discovered a new dinosaur, a Triceratops relative with a supersize schnoz that once roamed present-day Utah."

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All Tech Considered
2:51 pm
Wed July 17, 2013

Clever Hacks Give Google Glass Many Unintended Powers

Stephen Balaban has re-engineered his Google Glass to allow for facial recognition.
Courtesy of Stephen Balaban

Originally published on Wed July 17, 2013 8:55 pm

At Philz Coffee in Palo Alto, Calif., a kid who looks like he should still be in high school is sitting across from me. He's wearing Google Glass. As I stare into the device's cyborg eye, I'm waiting for its tiny screen to light up.

Then, I wait for a signal that Google Glass has recognized my face.

It isn't supposed to do that, but Stephen Balaban has hacked it.

"Essentially what I am building is an alternative operating system that runs on Glass but is not controlled by Google," he said.

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