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Politics
10:57 am
Fri May 18, 2012

Romney Says No To Super PAC Smear Campaign

Mitt Romney releases his first general election campaign ad. Plus wealthy GOP investors say their super PAC won't run a smear campaign connecting controversial pastor Jeremiah Wright with President Obama. Host Michel Martin discusses the latest political developments with Lenny McAllister of Politic365.com and author Michael Fauntroy.

Barbershop
10:57 am
Fri May 18, 2012

Is Obama's Same-Sex Statement All Talk, No Action?

Host Michel Martin and the Barbershop guys weigh in on Newsweek magazine's cover calling President Obama "The First Gay President." They also ask whether a parody video with New Jersey Republican Governor Chris Christie and Newark's Democrat Mayor Corey Booker will inspire more bipartisanship.

Remembrances
10:57 am
Fri May 18, 2012

Donna Summer Defined Disco Culture Of 1970s

Disco queen Donna Summer has died of cancer at the age of 63. For many music fans, Summer's soaring voice and glittering style epitomized the excess and electricity of the 1970s. Host Michel Martin takes a look back at her music and her legacy with Mark Anthony Neal, a Duke University professor of black popular culture.

Business
9:50 am
Fri May 18, 2012

JPMorgan's Troubles And The Price Of Eggs

Do complex Wall Street transactions ever do anything to help average people? To answer that question, we consider the case of an imaginary company, Chickens LLC, that's looking to grow.
Joern Pollex Getty Images

Originally published on Fri May 18, 2012 3:20 pm

Journalists have spent many days and millions of words hashing over the news that banking giant JPMorgan Chase lost billions of dollars trading "synthetic" derivatives.

I am one of those journalists who, more or less, can understand what the bank says it was trying to do, i.e., hedge against loan losses. But here's what I have a hard time explaining:

What does this kind of complex trading have to do with the price of eggs?

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The Two-Way
9:35 am
Fri May 18, 2012

Is It Fair That A Quarterback Set The Record For Paper Airplane Tossing?

Joe Ayoob (in red shirt) winding up for the record-breaking throw. Plane designer John Collins is behind him.
ThePaperAirplaneGuy

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