New York's attorney general has sued JPMorgan Chase, alleging that a unit now owned by the banking giant fraudulently sold mortgage-backed securities in the run-up to the 2008 financial crisis.
The civil lawsuit filed Monday by state Attorney General Eric Schneiderman is the first to be brought by the RMBS Working Group – the task force formed by President Obama in January to pursue alleged wrongdoing at the time of the financial crisis.
The mandolinist Chris Thile, better known for his work with the bluegrass band Nickel Creek, and the novelist Junot Díaz, who won a Pulitzer for his novel The Brief and Wondrous Life of Oscar Wao, are among those awarded 2012 "genius" grants from the John D. and Catherine T. MacArthur Foundation.
The 23 MacArthur fellows will receive $500,000 over the next five years. They are allowed to do whatever they wish with the money, whether that's continue their work or change fields.
Syrian refugees gather amid olive trees in an area controlled by the rebel Free Syrian Army, in northern Syria near the Turkish border, on Sept. 25. The area has become a way station for Syrian refugees pushed out of neighboring Turkey.
Credit Michel Moutot / AFP/Getty Images
Syrian refugees live under makeshift tents in the grounds of a school in Atme, a village controlled by the Free Syrian Army.
Long before the Syrian uprising, Antakya, Turkey, was a storied place. Once known as Antioch, the city was home to Greeks, some of the earliest Christians, Jews and Armenians. It once was a major stop on the Silk Road.
Most recently, the Turkish city became a hub for the Syrian rebellion. For many months, Turkish authorities tolerated Antakya's status, and even encouraged it. Turkey built refugee camps for tens of thousands of Syrians, and even one for officers who defected from the Syrian army to join the rebel cause.