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NPR Story
3:28 pm
Fri July 26, 2013

Hedge Fund Pleads Not Guilty To Fraud Charges

General Council for SAC Capital Advisors LP, Peter Nussbaum exits Manhattan federal court, Friday, July 26, 2013, in New York. (Louis Lanzano/AP)

Prosecutors said a large volume of evidence including electronic messages, court-ordered wiretaps and consensual recordings is stacked against a Connecticut-based hedge fund that pleaded not guilty Friday to criminal charges accusing it of letting insider trading flourish for more than a decade.

Assistant U.S. Attorney Antonia Apps told a federal judge in Manhattan that investigators had “voluminous” evidence against SAC Capital Advisors, a Stamford, Conn.-based firm owned by billionaire Steven A. Cohen.

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The Two-Way
3:07 pm
Fri July 26, 2013

Hedge Fund SAC Capital Pleads Not Guilty To Fraud Charges

Preet Bharara, United States Attorney for the Southern District of New York, speaks at a news conference on Thursday about a federal indictment against SAC Capital.
Timothy Clary AFP/Getty Images

Originally published on Fri July 26, 2013 4:04 pm

Hedge fund SAC Capital Advisors has pleaded not guilty to wire and securities fraud, a day after federal prosecutors in New York charged the firm in connection with an alleged insider trading scheme.

Peter Nussbaum, SAC's general counsel, entered the plea on behalf of the firm, one of Wall Street's biggest hedge funds.

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Politics
2:59 pm
Fri July 26, 2013

NYC Tabloids Go Gaga Over Naughty Pols

March 2008 front pages
New York Post/New York Daily News

Originally published on Fri July 26, 2013 3:38 pm

Anthony Weiner and Eliot Spitzer have been very good to the New York tabloids.

First, they delivered lurid scandals for cheeky newspaper headline writers to work with. That's like rocket fuel for the tabs, which thrive on conflict and scandal and aren't nearly as cautious and measured as the broadsheets.

Then, after resigning from office — Weiner from Congress, Spitzer from the governorship — each decided to make an against-all-odds return to elected politics this year.

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Monkey See
2:24 pm
Fri July 26, 2013

'Snacks On A Plane' And Other #dullermovies

iStockphoto.com

Originally published on Mon July 29, 2013 11:01 am

Boring movie titles may not lure audiences into theaters, but they are luring users on Twitter. The #dullermovies thread challenges tweeters to pick an enticing film title and deflate it. People have come up with must-not-see films such as Ferris Bueller Goes to School and I Speculate On What You Did Last Summer. A couple of our favorites are collected below.

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It's All Politics
2:19 pm
Fri July 26, 2013

McConnell's Kentucky Challenger Gets Her Act Together

Democratic Senate candidate Alison Lundergan Grimes raises her game in a video about her challenge to GOP Sen. Mitch McConnell.
Grimes For Senate

Originally published on Fri July 26, 2013 2:52 pm

Maybe the Democrat who hopes to unseat Sen. Mitch McConnell is ready for prime time after all.

That's one way to view the highly polished Web video in which Alison Lundergan Grimes, Kentucky's secretary of state, appears, employing humor, pathos, earnestness and her grandmothers to skewer the leader of the Senate Republicans.

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Sports
2:16 pm
Fri July 26, 2013

Age Hasn't Stopped This Man From Swimming — And Winning

Graham Johnston, 82, poses for a portrait through an underwater window at the pool on Wednesday. Graham competed at the Senior Games in Cleveland, where more than 10,000 athletes older than 55 are competing in various sports.
Benjamin Morris for NPR

Originally published on Mon July 29, 2013 11:01 am

More than 10,000 athletes are meeting in Cleveland for The National Senior Games. Adults older than 55 — and some older than 90 — are running track, riding bikes, playing basketball and competing in many of the sports you might see at the Summer Olympics. In fact there are a few who were Olympians themselves back in the day who say they find that competition is just as satisfying in their later years.

One of those is 82-year-old swimmer Graham Johnston. When he's not racing or getting ready to race, he's in the stands, checking out the other swimmers with an expert eye.

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The Two-Way
2:05 pm
Fri July 26, 2013

In Closing Arguments, Defense Argues Manning Is A Whistleblower

Army Pfc. Bradley Manning is escorted from court on Thursday in Fort Meade, Maryland.
Mandel Ngan AFP/Getty Images

Originally published on Fri July 26, 2013 7:58 pm

Army Pfc. Bradley Manning was not aiding the enemy when he leaked the largest cache of classified information in the history of the United States, the defense argued today during closing arguments of his military trial in Fort Meade, Maryland, today. Instead, he released the information in an attempt to spark debate about things he found troubling about war and American diplomacy.

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NPR Story
2:05 pm
Fri July 26, 2013

Film Critic Makes Acting Debut In 'Computer Chess'

Film critic Gerald Peary plays Pat Henderson in the new film “Computer Chess.” (YouTube)

Originally published on Fri July 26, 2013 4:25 pm

It’s probably safe to say most professional film critics feel quite comfortable scrutinizing movies in darkened theaters.

But Gerald Peary, a longtime reviewer for the now-defunct Alternative News Weekly, the Boston Phoenix and other national publications, recently made a bold leap to the other side of the camera.

His acting debut is in “Computer Chess”, a quirky new feature by indie filmmaker Andrew Bujalski.

From the Here & Now Contributors Network, Andrea Shea of WBUR has the story.

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NPR Story
2:04 pm
Fri July 26, 2013

A-Rod Wants To Play, Yankees Refuse

New York Yankees' Alex Rodriguez speaks to reporters after his second rehab baseball game with the Charleston RiverDogs, against the Rome Braves in Charleston, S.C., Wednesday, July 3, 2013. (Chuck Burton/AP)

Originally published on Fri July 26, 2013 4:25 pm

Alex Rodriguez, still recovering from an injury, issued a statement early yesterday asking to be activated for Friday’s game against the Tampa Bay Rays, but the Yankees declined.

When asked by WFAN radio if he still trust the Yankees, A-Rod said, “You know, I’d rather not get into that.”

NPR’s Mike Pesca joins us to explain what’s going on off the baseball diamond.

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NPR Story
2:04 pm
Fri July 26, 2013

The Impact Of Seeing Disaster Videos Over And Over

A screenshot from a video of the train derailment in Spain. (YouTube)

The train derailment in Spain is the latest in a series of disasters this year that have been caught on video and been played over and over again in the media.

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