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The Two-Way
7:03 am
Fri November 4, 2011

Corzine Resigns From MF Global

Credit Rich Schultz / AP
Jon Corzine.

Originally published on Fri November 4, 2011 2:42 pm

(A new top and some other material were added to this post at 11:50 a.m. ET.)

Jon Corzine is now the unofficial "poster child of the times" and the "fall guy" that all those who blame Wall Street for much of the nation's economic troubles can point to, Reuters columnists Antony Currie and Jeffrey Goldfarb write.

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The Two-Way
6:43 am
Fri November 4, 2011

Pakistan: 'The Ally From Hell' That Hides Its Nukes From The U.S.

Credit Tauseef Mustafa / AFP/Getty Images
On the Afghan side of the border with Pakistan, a U.S. soldier stood guard last month as a boy walked by in Nangarhar province.

The headlines this morning on the websites of The Atlantic and National Journal certainly grab your attention:

-- "The Ally From Hell." (The Atlantic)

-- "The Pentagon's Secret Plans To Secure Pakistan's Nuclear Arsenal." (National Journal)

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The Two-Way
6:00 am
Fri November 4, 2011

Jobs Report May Offer Glimmer Of Good News

Originally published on Fri November 4, 2011 6:01 am

The most-anticipated economic news of the week — word about the October unemployment rate and, hopefully, how many jobs were added to payrolls last month — is due at 8:30 a.m. ET.

A month ago, the Bureau of Labor Statistics said the jobless rate in September was 9.1 percent and that 103,000 jobs were added to private and government payrolls.

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Strange News
4:53 am
Fri November 4, 2011

England's Oldest Family-Run Business Still Selling

The butcher shop R.J. Balson and Son began selling sausages and bacon in 1535 when Henry VIII was king and still married to Anne Boleyn. Twenty-five generations later, owner Richard Balson tells the Daily Mail his son will join the business next year — and that son has a son too.

Strange News
4:46 am
Fri November 4, 2011

Employee Cleans Up German Artwork

A cleaning woman working at the Ostwall Museum in Berlin noticed a wet stain on the floor by a modern-art sculpture. She scrubbed away the stain, not realizing it was part of the piece called, "When It Starts Dripping From the Ceiling." Back in 1986, another cleaner in Germany wiped away a grease stain valued at 400,000 euros.

Generational Politics: Silents to Millennials
4:00 am
Fri November 4, 2011

Millennials Uncertain Of Loyalty Toward Obama

Originally published on Fri November 4, 2011 9:25 am

It felt like 2008 all over again in Philadelphia this week. A DJ played a song by the Black Eyed Peas to warm up a crowd of about 500 students from local colleges. President Obama's campaign manager, Jim Messina, exhorted the crowd at the University of Pennsylvania to volunteer, to apply for internships and, of course, to vote.

"There's 8 million registered voters who are 18 to 21 who weren't old enough to vote last time, who are going to cast their first vote, and they're going to do it for Barack Obama," Messina said. "Raise your hand if you're 18 to 21!"

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Europe
3:25 am
Fri November 4, 2011

Housing, Banks Weigh On Spain's Fragile Economy

Credit Daniel Ochoa de Olza / AP
A broker uses a phone in front of the main screen at the Stock Exchange in Madrid, Spain. The country's central bank recently warned of "troubled exposure" to real estate, heightening fears about the stability of Spain's banks.

Originally published on Fri November 4, 2011 11:22 am

With Greece in flux over whether it'll remain in the eurozone, other weak economies like Spain are feeling the heat.

The worst could be yet to come in Spain — not because of public debt, but because its banks are still laden with unpaid real estate loans, putting both the banks and the housing market in jeopardy. Real estate prices in Madrid are still high, though salaries are frozen and unemployment soars. When Ireland's housing bubble burst, prices dropped more than 40 percent. But in Spain it's an 18 percent drop on average.

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NPR Story
3:00 am
Fri November 4, 2011

Revitalizing Pakistan's Swat Valley

Swat Valley was once Pakistan's premier vacation spot. The area is trying to regain its appeal after regional conflict and massive floods. Co-hosts Steve Inskeep and Renee Montagne report on an effort underway to rebuild Swat Valley's economy.

NPR Story
3:00 am
Fri November 4, 2011

Details Unearthed On America's 'Ally From Hell'

A story in The Atlantic uncovers new information about the alliance between the United States and Pakistan, including a move by Pakistan to disperse its nuclear weapons in civilian vehicles after the U.S. raid that killed Osama bin Laden. Host Steve Inskeep speaks to the author, Jeffrey Goldberg, about what's been discovered.

Economy
3:00 am
Fri November 4, 2011

Leaders Struggle To Respond To Euro Debt

At the G-20 summit in Cannes, France, Europe's leaders are trying to reassure their colleagues that they have control of the debt crisis. While the G-20 would have preferred a broad agenda, Europe's troubles have overshadowed everything else. Host Renee Montagne speaks with NPR's Eric Westervelt.

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