This week saw the end of a years-long, international, multi-billion-dollar battle over one of the most boring things in finance: savings accounts.
At the center of the battle was Iceland, a tiny country where the banks grew into international behemoths during the credit bubble.
The banks got so big partly by convincing foreigners to open up online savings accounts. In particular, lots of people in England and Netherlands opened up "ICESAVE accounts" with a bank called Landsbanki. During the financial crisis, the bank collapsed.
Good morning. I'm Renee Montagne. When the huge golden cookie that stood for 100 years outside the headquarters of a big German cookie maker went missing, the company put up a reward. Then the kidnapper sent a ransom note. I have the biscuit, it said with text cut from magazines. It demanded the company donate cookies to children in a local hospital, and the reward to an animal shelter. Signed: Cookie Monster. Cute. But so far the bakery has not bitten. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Sunday's Super Bowl - a contest between the Baltimore Ravens and San Francisco 49ers - is also a battle of craft breweries. Maryland's Flying Dog Brewery made a bet with Anchor Brewing of San Francisco. The loser must pour the winner's beer in its taproom for a week. And the loser's brewery tour guides will have to wear the winner's Super Bowl championship gear. Could be tough, but if they need a beer after all that, they're all set.
It's MORNING EDITION, from NPR News. I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
This is the time when we begin to find if the emotional power of the Newtown school shooting will translate into political change. People affected by mass shootings are now talking with state and federal lawmakers.
Susan Aaron's daughter escaped the shooting in Newtown after seeing her teacher and friends killed.