Originally published on Mon January 7, 2013 9:43 am
Bank of America announced this morning that it will pay the Federal National Mortgage Association (Fannie Mae) $3.6 billion in cash and will buy back $6.75 billion worth of mortgages to resolve claims related to mortgage-backed securities sold to Fannie Mae by the bank and Countrywide Financial Corp. (which BofA acquired in 2008.
Authorities at a Brazilian prison noticed a bulky cat wandering on prison grounds. They discovered the small black-and-white cat was hauling in saws, drills, a cell phone and charger — all taped to its body.
Police in Framingham, Massachusetts received word of somebody egging a house. They investigated and found the suspect was a cop, and so was the victim. Investigators say the homeowner is a police sergeant in Newton, Massachusetts. He's the superior officer of the guy who was tossing the eggs. The Metro West Daily News reports that both men were off-duty at the time, and both insist it was just a joke between friends.
From 'Morning Edition': NPR's Tom Bowman on the Hagel nomination
President Obama will announce today that he plans to nominate John Brennan to be the next director of the Central Intelligence Agency, an administration official with knowledge of the decision tells NPR's Tom Bowman.
And joining us now, as she does most Monday, is Cokie Roberts. Good morning.
COKIE ROBERTS, BYLINE: Hi, Renee. Happy New Year.
MONTAGNE: Happy New Year to you. So, Cokie, we seem to be getting the next year, or this new year, right back where we ended in the last Congress, and that's bickering over everything. And as we've just heard, that includes, big time, the president's cabinet appointment of a former Republican Senator Chuck Hagel. Tell us more about what's going on there, a little bit more history.
Now, today's last word in business is phygital. No, that's not a word describing how you feel about two hours into watching "The Hobbit." This movie's going on and feeling a little phygital. No, it's not a feeling. It's a concept that computer manufacturer Lenovo announced over the weekend at the International Consumer Electronics Show in Las Vegas.
More than a thousand protesters turned up in the Ohio River town of Steubenville over the weekend, spurred by a blogging and Twitter campaign that's focused on rape allegations involving high-school football players. Social media has taken the case well beyond the small eastern Ohio town, sparking international tension.