9:37pm

Tue June 12, 2012
Riverbend 2012

Lionel Young Unplugged

A short feature/performance.  Lionel Young played "St. Louis Blues" during an unplugged set at the Lindsay Street Hall the afternoon before the Bessie Smith Strut.  Click here to listen.

 

9:25pm

Tue June 12, 2012
Riverbend 2012

Hadden Sayers: Performance & Interview at the Bessie Smith Strut

Hadden Sayers performed at the 2012 Bessie Smith Strut.  In this clip, he plays his song "Hippie Getaway," and then talks about his music and what Bessie Smith means to him.  Click here to listen.

9:20pm

Tue June 12, 2012
Riverbend 2012

Joe Louis Walker Plays One For The Ladies

At the 2012 Bessie Smith Strut, bluesman Joe Louis Walker dedicated a mostly-instrumental number to the women in the crowd.  Click here to listen.

 

7:41pm

Tue June 12, 2012
Election 2012

As GOP Cashes In, Democrats Search For Billionaires

Originally published on Tue June 12, 2012 8:02 pm

Credit Jason Reed / Reuters/Landov

The big story of this year's election campaign is big money. Since the Supreme Court, through its Citizens United ruling, has made it easier for corporations, unions and rich individuals to raise and spend unlimited amounts of money, Republicans have seized the advantage.

Right now, an analysis by NPR finds that Republican allied groups are outspending their Democratic counterparts by 8 to 1.

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7:15pm

Tue June 12, 2012
The Two-Way

From Our Readers: Less Hedginess, More Neology

Our use of the term "hedginess," coined by finance criminologist Bill Black, inspired commenter "Tim Myers" to engage in some neology of his own in order to prove his point:

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7:05pm

Tue June 12, 2012
The Two-Way

Dimon Will Tell Congress JPMorgan 'Let People Down' With Trading Loss

Originally published on Wed June 13, 2012 10:00 am

Credit Mario Tama / Getty Images

"This portfolio morphed into something that, rather than protect the firm, created new and potentially larger risks. As a result, we have let a lot of people down, and we are sorry for it."

That's part of JPMorgan Chase President and CEO Jamie Dimon will tell the Senate's Committee on Banking, Housing and Urban Affairs tomorrow, when it looks into the botched trades that lost the bank $2 billion. Chase released Dimon's prepared remarks this afternoon.

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6:50pm

Tue June 12, 2012
Latin America

Venezuela's Chavez Aims To Beat Cancer, Election Foe

Originally published on Thu June 14, 2012 10:38 am

The crowds came out by the thousands in Venezuela on Monday, flooding the streets of Caracas in red T-shirts just as the nation's populist government had promised.

Hugo Chavez — the country's 57-year-old, bigger-than-life leader — then took the stage. He had arrived in an open truck, minutes after registering as a candidate for the Oct. 7 election.

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6:42pm

Tue June 12, 2012
Your Money

Credit Card Debt Cut: The Reason May Surprise You

Originally published on Tue June 12, 2012 7:17 pm

Credit iStockphoto.com

A Federal Reserve study showing that Americans lost wealth in the Great Recession turned up another, perhaps more surprising, result: Credit card debt fell sharply.

"The percentage of families using credit cards for borrowing dropped over the period; the median balance on their accounts fell 16.1 percent" between 2007 and 2010, the report concluded.

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6:06pm

Tue June 12, 2012
The Two-Way

Feds Say Mexican Cartel Used American Quarter Horse Racing To Launder Money

Credit Southwest Stallion Station

Federal authorities arrested seven people, today, in connection with what authorities say was a multi-million dollar money laundering operation run by Mexican drug cartel Los Zetas.

The scheme allegedly used the millions earned through the illicit drug trade to purchase, train, breed and race American quarter horses in the United States. The Department of Justice said 14 had been indicted; among them is Zetas leader Miguel Ángel Treviño Morales and his brothers Oscar Omar Treviño Morales and José Treviño-Morales.

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5:55pm

Tue June 12, 2012
Politics

Where Are The Democratic Billionaires?

Democrats knew that they would be disadvantaged under the new campaign finance rules created by the Supreme Court. But the disparity between the amount of money Republicans can raise in unlimited anonymous donations and what the Democrats have been able to raise is huge.

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