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Planet Money
3:25 am
Fri September 28, 2012

He Won't Tell You His Name, But He'll Help You Hide Your Money

Meet Adam Wolf*, your asset protection adviser. (*Not his real name.)
via Global Wealth Protection

Originally published on Sat September 29, 2012 7:11 pm

We set up our shell companies. Then we wondered: What do people actually do with shell companies?

One popular use, it turns out, is what professionals call "asset protection." Ordinary people call this "hiding money."

Maybe you're a surgeon worried a patient might sue you and take everything you have. Or you want to hide money from your ex (or your soon-to-be ex).

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Economy
3:24 am
Fri September 28, 2012

Easy Money May Boost Economy But At What Cost?

Specialist David Pologruto works at his post on the floor of the New York Stock Exchange on Sept. 13, as Federal Reserve Chairman Ben Bernanke holds a news conference in Washington. The world's central banks are easing credit, putting more money into the global economy.
Richard Drew AP

Originally published on Fri September 28, 2012 12:31 pm

The world's central banks are pumping cash into their economies, pushing down interest rates in hopes the ready cash and lower rates will boost borrowing and economic activity. Everyone agrees the action is dramatic and unprecedented, but there's disagreement over whether they will do more harm than good.

Economists know very well the trillions of dollars being added by the central banks to the global economy can be risky.

"These are risks about long-term rises in inflation, housing bubbles potentially building up," says Jacob Kirkegaard of the Peterson Institute.

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Education
3:24 am
Fri September 28, 2012

Parsing Fact From Fiction In 'Won't Back Down'

Nona Alberts (Viola Davis) and Jamie Fitzpatrick (Maggie Gyllenhaal) share a triumphant moment with Nona's son Cody (Dante Brown) and Jamie's daughter Malia (Emily Alyn Lind).
Kerry Hayes 20th Century Fox

Originally published on Fri September 28, 2012 10:19 am

Won't Back Down opens with a little girl's anguished face. It fills the entire screen. The camera hovers as she struggles to read a simple sentence on the blackboard out loud.

She's dyslexic. Not that anyone at Adams Elementary cares — least of all her second-grade teacher, who is berating or slapping kids around when she's not shopping for shoes online.

But if it was your kid who was struggling and nobody at school cared, what would you do? What could you do? That's how director Daniel Barnz hooks you.

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Around the Nation
7:30 am
Thu September 27, 2012

Florida Police Arrest Inebriated Horse Rider

Transcript

DAVID GREENE, HOST:

Around the Nation
7:20 am
Thu September 27, 2012

Pittsburgh Officials Scold Crosswalk Vigilante

Transcript

STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep. Somebody in Pittsburgh took the law into his own hands. More precisely, the person took a paintbrush into his own hands. He or she is apparently upset that in 2009 the city denied requests to paint crosswalks in the Polish Hill neighborhood. This unknown person painted unofficial crosswalks. Authorities are publicly scolding the crosswalk vigilante. But by coincidence, they're also promising to install real crosswalks within weeks. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.

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