Some of the biggest banks in the country are reportedly close to a settlement with authorities over the so-called robo-signing scandal in which mortgage company officials signed and notarizeed foreclosure documents without properly reviewing them.
Many lenders and mortgage servicers acknowledged making serious mistakes in foreclosure paperwork.
A burly beast of a man bursts into a presidential press conference and is shot in the leg by secret police. Two days later, the White House reveals that the befuddled intruder with a handlebar mustache is really former President William Howard Taft.
So begins Taft 2012, a novel that gives a satirical take on contemporary politics through the eyes of a president who served a century ago. Author Jason Heller places Taft in a 21st-century election campaign, where he is forced to sit in bars on New Year's Eve and master Twitter along the way.
The Arab League sent observers to Syria about a month ago. Their mission: to bear witness to the escalating violence between soldiers loyal to President Bashar Assad and armed opposition fighters.
The presence of the orange-vested observers was supposed to discourage the violent crackdown on protesters, but since they arrived in December, almost 1,000 Syrians have died. Overall, it is estimated that more than 5,400 people have been killed since the protests began last March.
With Newt Gingrich beating Mitt Romney in South Carolina as soundly as the Johnny Rebels in 1861 thrashed the Billy Yanks at Bull Run (or the First Battle of Manassas, depending on your view), the Republican presidential nomination contest marches southward to Florida.
There in the Sunshine State, the campaign promises to be an even more hard- fought affair than in South Carolina, with both candidates battling for their party's conservative soul by out-righting each other.
Let's turn now to the other big story we're following today, and that is, of course, the fallout from last night's primary triumph for former House Speaker Newt Gingrich. As you know by now, he crushed his opponents, taking 40 percent of the vote, 12 points above his closest rival, the man hitherto known as the front-runner, Mitt Romney.