It was four years ago this week that the big Wall Street investment bank Lehman Brothers declared bankruptcy. Its collapse sent shockwaves around the world and brought on the worst of the financial crisis. But the story didn't end there. Lehman Brothers is still in business - sort of.
Planet Money's Adam Davidson went to its offices in New York, and is here to tell us about it.
After a scandal, somebody finally gets rich for doing the right thing. It's NPR's business news.
A former banker, Bradley Birkenfeld, has just been awarded $104 million by the IRS. That is believed to be the largest amount ever paid to an individual whistle-blower. Birkenfeld told the IRS how a Swiss bank was helping thousands of Americans evade taxes, and was then thrown in jail.
It's shaping up to be an important day for the European Union and the future of its currency. In the Netherlands, there is a parliamentary election that's expected to be a barometer of Dutch support for staying in the eurozone. Also this morning, a plan was unveiled to give the European Central Bank the power to supervise the big financial institutions in Europe. And, Germany's high court ruled that the European bailout fund is legal.
NPR's Jim Zarroli joins us now from Berlin to talk about this.
Military commanders, government officials and members of Congress have long wrangled over which weapon systems are needed. Now, there's an argument over what computer software should be provided to soldiers in Afghanistan. It's a defense dispute for the digital age.
In recent years, the ability to analyze data has become almost as important to U.S. war-fighters as the guns they use.
Thinking of going to a nice restaurant? Before you decide, you probably go online and read reviews of the place from other customers (or you listen to these actors read them to you). Online reviews of restaurants, travel deals, apps and just about anything you want to buy have become a powerful driver of consumer behavior. Unsurprisingly, they have also created a powerful incentive to cheat.