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Rundown 5/13

22:13
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NY Prosecutor Investigates Whether Banks Deceived Credit Rating Agencies

New York State Attorney General Andrew Cuomo has launched a new investigation into 8 major banks for allegedly misleading credit ratings agencies to inflate the value of risky securities they sold to investors.  Cuomo's office is also looking into what the New York Times calls the "revolving door of employees" hired by banks from the agencies that rate the quality of securities the banks sold. We have an update from the Times' Louise Story.

What The Times Square Bomb Suspect Reveals About Islamic Radicalization

As the probe into the failed Times Square bombing leads investigators to the Boston area, the big question remains- what were the motives of the suspect, Faisal Shahzad, a naturalized U.S. citizen? We consider the process of Islamic radicalization with Gary Ackerman assistant director for research and communication at the National Consortium for the Study of Terrorism and Responses to Terrorism.

Experts Say Iraqi Militants Gunning For Another Civil War

People inspect the site of a car bomb attack in Baghdad, Iraq. A car bomb ripped through a popular cafe on Wednesday evening, killing nine young people.(AP)
People inspect the site of a car bomb attack in Baghdad, Iraq. A car bomb ripped through a popular cafe on Wednesday evening, killing nine young people.(AP)

Nostalgia For Newsweek As Magazine Seeks Buyer

Newsweek magazine is displayed on a shelf at a news stand at South Station in Boston.. (AP)
Newsweek magazine is displayed on a shelf at a news stand at South Station in Boston.. (AP)

Novelist Sue Miller Explores Love, Grief And 9-11

We speak with best-selling author Sue Miller. Her new novel "The Lake Shore Limited" centers around Billy Gertz, a playwright whose lover Gus was on one of the planes that hit the World Trade Center on 9-11. At the time, Billy was planning on leaving Gus, but the terrorist attacks force her into the role of the bereft girlfriend. Billy works through her feelings in a play which is the catalyst for those around her to examine their own lives.

Music From The Show

The Lickets, "Meat City"
Christian McBride, "Theme for Kareem"
Thelonius Monk, "Caravan"
The Wee Trio, "Flint"
Art Blakey, "C.O.R.E."
Maria Schneider “The Pretty Road” performed by the Maria Schneider Orchestra

This program aired on May 13, 2010.

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